ARDXArdelyx, Inc.

$3.82

Is it safe?

Can ARDX take a bad year?

Ardelyx, Inc. holds $35M more cash than debt, and is burning $9.4M a quarter, about 6.3 years of cover.

$35M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
1.29

Altman Z-score · distress zone, below 1.8

Cash runway
5+ years

Cash runway · burning $9.4M a quarter at the current rate

Details
Total debtQ1 2026
$204M
Cash and short-term investments
$238M
Net cash
$35M
EBITDA, trailing twelve months
−$34M
Operating profit, trailing twelve months
−$37M
Debt / equity
1.37×
Annualised volatilitytwo years of daily moves
67%
Worst drawdown on file
−97%
Below its 52-week high
−52%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.