Ardelyx, Inc. Financial Ratios — 41X Stock

Profitability (USD)

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	-34.93	-74.42	-38.7	-71.57	-62.78	-60.31	-151.55	-74.28	-49.83	-23.01	-36.21
Return on Assets (%)	- -	-16.25	-4.11	-25.72	-68.1	-34.68	-53.51	-42.85	-40.89	-90	-39.54	-27.1	-10.67	-13.14
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	- -	80	82.13	88.64	98.08	90.1	92.11	85.7	84.85	90.29
EBITDA Margin (%)	-150.28	-7.86	-3.99	-118.87	- -	-148.75	-3,385.85	-1,680.78	-1,165.49	-1,500.83	-120.05	-49.8	-7.76	-9.31
Operating Margin (%)	-162.75	-9.9	-4.95	-122.32	- -	-155.04	-3,488.57	-1,728.14	-1,199.05	-1,528.63	-122.24	-50.84	-8.38	-10.06
Incremental Operating Margin (%)	- -	25.26	48.27	366.26	347.57	113.76	65.58	- -	21.09	- -	215.37	0.67	16.89	- -
Pretax Margin (%)	-180.87	-22.2	-9.95	-123.41	- -	-150.38	-3,501.88	-1,792.03	-1,245.69	-1,566.42	-128.84	-52.65	-11.65	-14.89
Profit Margin (%)	-180.87	-22.69	-10.16	-123.29	- -	-153.19	-3,502.03	-1,797.77	-1,245.71	-1,566.46	-128.85	-53.08	-11.73	-15.12
Net Income to Common Margin (%)	-180.87	-22.69	-10.16	-123.29	- -	-153.19	-3,502.03	-1,797.77	-1,245.71	-1,566.46	-128.85	-53.08	-11.73	-15.12
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	-34.93	-74.42	-38.7	-71.57	-62.78	-60.31	-151.55	-74.28	-49.83	-23.01	-36.21

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	- -	- -	- -	- -	- -	49	55	53	46	36	56	153	208
ST Debt	- -	- -	- -	- -	- -	- -	- -	4	6	36	31	4	2	1
LT Debt	- -	- -	- -	- -	- -	- -	49	51	47	10	6	52	152	206
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	-0.56	-0.62	-0.6	-0.3	-0.58	-0.9	-5.93	-5.48
Net Debt/EBITDA	4.05	15.15	85.01	3.75	0.67	1.21	0.33	1.48	0.46	0.27	1.11	-0.46	-3.32	-3.56
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	-0.54	-0.6	-0.59	-0.29	-0.57	-0.88	-5.49	-5.07
Net Debt/EBIT	3.74	12.02	68.6	3.64	0.66	1.16	0.33	1.44	0.44	0.26	1.09	-0.45	-3.07	-3.29
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	-24.98	-15.5	-17.31	-33.66	-12.34	-6.98	-1.29	-1.34
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	-25.07	-15.56	-17.37	-34.08	-12.35	-7.02	-1.34	-1.39
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	-25.73	-15.94	-17.8	-34.28	-12.57	-7.13	-1.39	-1.44
Interest Expense	- -	- -	- -	- -	- -	- -	4	6	5	5	5	9	20	28
Common Equity/Total Assets	-151.49	-147.96	53.5	93.12	90.63	88.23	63.17	71.85	62.57	55.11	51.73	56.06	39.77	33.28
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	42.49	27.27	37.3	11.8	5.95	30.9	87.64	123.68
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	29.82	21.09	26.21	7.61	4.34	23.14	46.48	55.07
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	26.84	19.6	23.33	6.5	3.08	17.32	34.85	41.16
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	42.49	29.3	42.28	55.08	37.08	33.56	88.54	124.56
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	29.82	22.66	29.72	35.52	27.05	25.13	46.96	55.47
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	26.84	21.06	26.45	30.35	19.18	18.81	35.21	41.46
Net Debt to Equity	2,659.9	470.17	-176.8	-98.26	-38.62	-54.11	-25.52	-70.25	-31.91	-48.61	-70.61	17	49.58	80.76
Net Debt/Capital (%)	96.38	82.46	230.21	-5,640.7	-62.92	-117.92	-34.27	-217.73	-45.53	-72.12	-179.64	14.08	32.82	43.93
EBITDA	-8	-2	-1	-29	-112	-62	-88	-89	-88	-152	-63	-62	-26	-38
EBITDA-CapEx	-8	-3	-3	-32	-116	-65	-89	-89	-89	-153	-63	-62	-27	-39
Operating Income (Loss)	-9	-3	-2	-29	-113	-65	-91	-91	-91	-154	-64	-63	-28	-41

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	1.96	2.01	4.98	13.86	10.46	7.5	9.48	11.14	6.56	2.21	1.89	3.66	3.21	2.99
Current Ratio	2.2	2.44	5.16	14.51	10.62	8.38	9.95	11.34	6.85	2.53	2.34	4.88	4.58	4.31
Quick Ratio	2.14	2.38	5.1	13.86	10.46	8.1	9.77	11.17	6.56	2.22	2.01	4.09	3.95	3.8
CFO/Avg Current Liab	- -	0.11	0.69	-4.91	-6.87	-3.52	-3.95	-3.83	-3.22	-3.76	-1.18	-1.55	-0.7	-0.51
Common Equity/Total Assets	-151.49	-147.96	53.5	93.12	90.63	88.23	63.17	71.85	62.57	55.11	51.73	56.06	39.77	33.28
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	42.49	27.27	37.3	11.8	5.95	30.9	87.64	123.68
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	29.82	21.09	26.21	7.61	4.34	23.14	46.48	55.07
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	26.84	19.6	23.33	6.5	3.08	17.32	34.85	41.16
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	42.49	29.3	42.28	55.08	37.08	33.56	88.54	124.56
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	29.82	22.66	29.72	35.52	27.05	25.13	46.96	55.47
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	26.84	21.06	26.45	30.35	19.18	18.81	35.21	41.46
CFO/Total Liabilities	56.18	3.61	25.41	-892.98	-463.13	-350.65	-104.08	-104.59	-107.93	-226.69	-76.35	-68.61	-17.07	-12.69
CFO/CapEx	171.72	6.51	7.22	-20.8	-19.02	-27.68	-225.96	-235.34	-251.34	-81.71	-1,273.53	-260.81	-44.32	-28.47
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.33	1.29	1.1

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	6.08	7.01	- -	- -	7.78	0.48	124.26	- -	40.23	12.67	8.36	8.37	6.29
Days Sales Outstanding	- -	59.98	52.06	- -	- -	46.91	761.71	2.94	- -	9.07	28.81	43.65	43.62	58.05
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.51	2.26	3.01	2.03
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	145.49	161.32	121.37	179.6
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.98	2.45	4.37	2.05
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	373.34	148.9	83.55	178.13
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-199.04	56.07	81.44	59.51
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-116.67	-117.68	-77.75	-121.55
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	12	21	18
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	12	21	18

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,483	1,231	1,392
- Cash & Cash Equivalents	33	34	107	107	75	75	79	181	91	72	96	21	65	68
+ Preferred Equity and Hybrid Capital	56	56	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	49	55	53	46	36	56	153	208
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,355	1,135	1,335
Total Capital	-1	-7	61	109	193	139	165	241	179	128	135	223	327	375
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	29.82	22.66	29.72	35.52	27.05	25.13	46.96	55.47
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.04	0.14	0.16
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.89	3.4	3.28
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,399	1,217	1,373
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,271	1,120	1,317
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.83	4.77	5.47
TTM Sales	5	29	32	24	- -	42	3	5	8	10	52	124	334	407
TTM EBITDA	-8	-2	-1	-29	-112	-62	-88	-89	-88	-152	-63	-62	-26	-38
TTM Operating Income	-9	-3	-2	-29	-113	-65	-91	-91	-91	-154	-64	-63	-28	-41
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-15.54	-26.56	-31.23
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,355	1,135	1,335
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.2	4.3	3.23
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	10.89	3.4	3.28
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.89	7.1	8.34
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.18	9.28	7.5
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.55	13.94	9.88
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.45	5.91	4.73
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8.89	7.1	8.34
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.18	9.28	7.5
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	9.55	13.94	9.88
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.45	5.91	4.73
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.24	3.65	3.37
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.82	4.76	3.03
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.08	7.16	3.99
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.63	3.03	1.91
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-15.6	-27.16	-32.32
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10.84	-35.47	-29.06
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-16.75	-53.28	-38.29
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7.81	-22.57	-18.33
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10.8	-34.68	-28.07
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-16.69	-52.11	-37
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-7.78	-22.08	-17.71
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.25	4.53	2.93
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	11.77	6.95	3.91
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.94	2.78	1.8
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.38	5.17	5.7
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6.85	10.15	6.75
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	903	1,511	1,195
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1,464	2,319	1,593
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	614	927	733

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	18	19	19	26	47	48	63	89	94	130	199	232	238	244
Diluted Weighted Avg Shares	13	13	10	23	40	47	56	64	90	104	159	219	235	241
Basic Weighted Avg Shares	13	13	10	23	40	47	56	64	90	104	159	219	235	241
Revenue per Share	0.41	2.17	3.09	1.05	- -	0.89	0.05	0.08	0.08	0.1	0.33	0.57	1.42	1.69
EBITDA per Share	-0.61	-0.17	-0.12	-1.25	-2.78	-1.32	-1.57	-1.38	-0.99	-1.45	-0.39	-0.28	-0.11	-0.16
Operating Income per Share	-0.66	-0.21	-0.15	-1.28	-2.81	-1.37	-1.62	-1.42	-1.01	-1.48	-0.4	-0.29	-0.12	-0.17
Basic EPS, GAAP	-0.73	-0.49	-0.31	-1.29	-2.8	-1.36	-1.62	-1.47	-1.05	-1.52	-0.42	-0.3	-0.17	-0.26
Basic EPS from Cont Ops	-0.73	-0.49	-0.31	-1.29	-2.8	-1.36	-1.62	-1.47	-1.05	-1.52	-0.42	-0.3	-0.17	-0.26
Diluted EPS, GAAP	-0.73	-0.49	-0.31	-1.29	-2.8	-1.36	-1.62	-1.47	-1.05	-1.52	-0.42	-0.3	-0.17	-0.26
Diluted EPS from Cont Ops	-0.73	-0.49	-0.31	-1.29	-2.8	-1.36	-1.62	-1.47	-1.05	-1.52	-0.42	-0.3	-0.17	-0.26
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	1.65	0.14	1.31	-3.14	-2.31	-1.37	-1.25	-1.19	-0.91	-1.46	-0.44	-0.41	-0.19	-0.18
Free Cash Flow per Basic Share	1.64	0.11	1.13	-3.29	-2.43	-1.42	-1.26	-1.19	-0.91	-1.48	-0.44	-0.41	-0.19	-0.18
Cash & Equivalents per Share	1.84	1.85	5.77	4.12	4.24	2.82	2.69	2.79	1.99	0.9	0.62	0.79	1.05	1.08
Book Value per Share	-3.21	-3.41	3.26	4.19	4.08	2.93	1.85	2.1	1.35	0.63	0.5	0.72	0.73	0.68
Tangible Book Value per Share	-3.21	-3.41	3.26	4.19	4.08	2.93	1.85	2.1	1.35	0.63	0.5	0.72	0.73	0.68