Ardelyx Current Deferred Revenue from 2010 to 2024

ARDX Stock  USD 6.37  0.00  0.00%   
Ardelyx Current Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Current Deferred Revenue will likely drop to about 7 M in 2024. Current Deferred Revenue is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. View All Fundamentals
 
Current Deferred Revenue  
First Reported
2013-12-31
Previous Quarter
4.1 M
Current Value
7.2 M
Quarterly Volatility
6.3 M
 
Yuan Drop
 
Covid
Check Ardelyx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardelyx main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 9.3 M or Selling General Administrative of 141.1 M, as well as many exotic indicators such as Price To Sales Ratio of 10.38, Dividend Yield of 0.0 or PTB Ratio of 8.56. Ardelyx financial statements analysis is a perfect complement when working with Ardelyx Valuation or Volatility modules.
  
This module can also supplement Ardelyx's financial leverage analysis and stock options assessment as well as various Ardelyx Technical models . Check out the analysis of Ardelyx Correlation against competitors.
For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.

Latest Ardelyx's Current Deferred Revenue Growth Pattern

Below is the plot of the Current Deferred Revenue of Ardelyx over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Ardelyx's Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ardelyx's overall financial position and show how it may be relating to other accounts over time.
Current Deferred Revenue10 Years Trend
Slightly volatile
   Current Deferred Revenue   
       Timeline  

Ardelyx Current Deferred Revenue Regression Statistics

Arithmetic Mean7,689,184
Geometric Mean5,023,449
Coefficient Of Variation73.88
Mean Deviation5,016,120
Median6,954,755
Standard Deviation5,680,537
Sample Variance32.3T
Range15M
R-Value(0.42)
Mean Square Error28.5T
R-Squared0.18
Significance0.11
Slope(539,467)
Total Sum of Squares451.8T

Ardelyx Current Deferred Revenue History

2024M
20237.2 M
202213.2 M
20214.7 M
20204.2 M
20194.5 M

About Ardelyx Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ardelyx income statement, its balance sheet, and the statement of cash flows. Ardelyx investors use historical funamental indicators, such as Ardelyx's Current Deferred Revenue, to determine how well the company is positioned to perform in the future. Although Ardelyx investors may use each financial statement separately, they are all related. The changes in Ardelyx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ardelyx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ardelyx Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ardelyx. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue7.2 MM

Pair Trading with Ardelyx

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ardelyx position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ardelyx will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Ardelyx could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ardelyx when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ardelyx - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ardelyx to buy it.
The correlation of Ardelyx is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ardelyx moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ardelyx moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ardelyx can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ardelyx offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardelyx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardelyx Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardelyx Stock:
Check out the analysis of Ardelyx Correlation against competitors.
For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.
Note that the Ardelyx information on this page should be used as a complementary analysis to other Ardelyx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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When running Ardelyx's price analysis, check to measure Ardelyx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ardelyx is operating at the current time. Most of Ardelyx's value examination focuses on studying past and present price action to predict the probability of Ardelyx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardelyx's price. Additionally, you may evaluate how the addition of Ardelyx to your portfolios can decrease your overall portfolio volatility.
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Is Ardelyx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardelyx. If investors know Ardelyx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardelyx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.30)
Revenue Per Share
0.567
Quarterly Revenue Growth
(0.22)
Return On Assets
(0.16)
Return On Equity
(0.50)
The market value of Ardelyx is measured differently than its book value, which is the value of Ardelyx that is recorded on the company's balance sheet. Investors also form their own opinion of Ardelyx's value that differs from its market value or its book value, called intrinsic value, which is Ardelyx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardelyx's market value can be influenced by many factors that don't directly affect Ardelyx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardelyx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardelyx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardelyx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.