Ardelyx Other Current Liab vs Cash And Short Term Investments Analysis

ARDX Stock

USD 6.78 0.17 2.57%

Ardelyx financial indicator trend analysis is way more than just evaluating Ardelyx prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ardelyx is a good investment. Please check the relationship between Ardelyx Other Current Liab and its Cash And Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardelyx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ardelyx Other Current Liab account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Ardelyx's Other Current Liab and Cash And Short Term Investments is 0.55. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Ardelyx, assuming nothing else is changed. The correlation between historical values of Ardelyx's Other Current Liab and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Ardelyx are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Other Current Liab i.e., Ardelyx's Other Current Liab and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Other Current Liab

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Ardelyx balance sheet. This account contains Ardelyx investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Ardelyx fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Most indicators from Ardelyx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ardelyx current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardelyx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Ardelyx Stock please use our How to Invest in Ardelyx guide.At this time, Ardelyx's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 574.4 K in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 99.1 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	9.1M	48.0M	106.7M	112.0M
Total Revenue	10.1M	52.2M	124.5M	130.7M

Gross Profit Total Revenue

Ardelyx fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Property Plant Equipment	Net Tangible Assets	Common Stock Total Equity
Total Assets		0.72	0.45	0.93	-0.53	0.63	-0.58	0.05	-0.74	0.51	0.4	0.59	0.48	0.48	0.94	0.4	0.66	0.42	0.48	0.87	0.54	0.65	0.99	0.24	0.68	0.67
Other Current Liab	0.72		0.64	0.62	-0.26	0.59	-0.27	0.45	-0.86	0.39	-0.11	0.92	0.85	0.84	0.55	0.72	0.93	0.44	0.48	0.77	0.73	0.78	0.66	0.07	0.31	0.92
Total Current Liabilities	0.45	0.64		0.22	-0.02	0.69	0.04	0.38	-0.83	0.29	-0.06	0.66	0.55	0.65	0.22	0.19	0.72	0.11	0.62	0.8	0.6	0.38	0.35	0.18	-0.02	0.78
Total Stockholder Equity	0.93	0.62	0.22		-0.72	0.63	-0.76	-0.16	-0.54	0.49	0.49	0.41	0.29	0.27	0.96	0.38	0.47	0.18	0.4	0.72	0.26	0.61	0.95	0.38	0.86	0.46
Other Liab	-0.53	-0.26	-0.02	-0.72		-0.59	0.96	0.17	0.29	-0.43	-0.4	-0.05	0.09	0.12	-0.65	-0.1	-0.15	0.2	-0.49	-0.45	0.12	-0.46	-0.59	-0.63	-0.76	-0.13
Property Plant And Equipment Net	0.63	0.59	0.69	0.63	-0.59		-0.54	0.0	-0.7	0.42	0.31	0.44	0.24	0.3	0.57	0.16	0.52	-0.15	0.79	0.78	0.26	0.64	0.6	0.76	0.48	0.57
Current Deferred Revenue	-0.58	-0.27	0.04	-0.76	0.96	-0.54		0.13	0.27	-0.5	-0.34	-0.07	0.05	0.1	-0.68	-0.22	-0.16	0.13	-0.47	-0.45	0.11	-0.51	-0.64	-0.62	-0.76	-0.13
Net Debt	0.05	0.45	0.38	-0.16	0.17	0.0	0.13		-0.48	0.2	-0.83	0.62	0.67	0.61	-0.15	0.53	0.62	0.53	0.26	0.25	0.65	0.47	-0.03	-0.18	-0.41	0.56
Retained Earnings	-0.74	-0.86	-0.83	-0.54	0.29	-0.7	0.27	-0.48		-0.44	-0.02	-0.84	-0.74	-0.77	-0.58	-0.44	-0.94	-0.49	-0.71	-0.93	-0.84	-0.72	-0.68	-0.17	-0.21	-0.95
Accounts Payable	0.51	0.39	0.29	0.49	-0.43	0.42	-0.5	0.2	-0.44		-0.01	0.38	0.32	0.34	0.42	0.41	0.41	0.12	0.24	0.51	0.24	0.34	0.48	0.25	0.3	0.38
Cash	0.4	-0.11	-0.06	0.49	-0.4	0.31	-0.34	-0.83	-0.02	-0.01		-0.28	-0.38	-0.32	0.57	-0.44	-0.2	-0.16	0.1	0.23	-0.2	-0.13	0.47	0.24	0.6	-0.13
Non Current Assets Total	0.59	0.92	0.66	0.41	-0.05	0.44	-0.07	0.62	-0.84	0.38	-0.28		0.98	0.97	0.36	0.8	0.97	0.58	0.38	0.68	0.85	0.72	0.5	-0.11	0.03	0.96
Non Currrent Assets Other	0.48	0.85	0.55	0.29	0.09	0.24	0.05	0.67	-0.74	0.32	-0.38	0.98		0.98	0.25	0.83	0.93	0.67	0.22	0.54	0.86	0.63	0.39	-0.29	-0.09	0.91
Other Assets	0.48	0.84	0.65	0.27	0.12	0.3	0.1	0.61	-0.77	0.34	-0.32	0.97	0.98		0.23	0.77	0.92	0.59	0.22	0.58	0.84	0.54	0.38	-0.3	-0.09	0.92
Cash And Short Term Investments	0.94	0.55	0.22	0.96	-0.65	0.57	-0.68	-0.15	-0.58	0.42	0.57	0.36	0.25	0.23		0.23	0.46	0.34	0.39	0.72	0.37	0.56	0.98	0.3	0.83	0.46
Net Receivables	0.4	0.72	0.19	0.38	-0.1	0.16	-0.22	0.53	-0.44	0.41	-0.44	0.8	0.83	0.77	0.23		0.69	0.42	0.06	0.31	0.49	0.64	0.33	-0.13	0.08	0.64
Common Stock Shares Outstanding	0.66	0.93	0.72	0.47	-0.15	0.52	-0.16	0.62	-0.94	0.41	-0.2	0.97	0.93	0.92	0.46	0.69		0.62	0.52	0.79	0.9	0.75	0.59	-0.04	0.09	0.99
Non Current Liabilities Total	0.42	0.44	0.11	0.18	0.2	-0.15	0.13	0.53	-0.49	0.12	-0.16	0.58	0.67	0.59	0.34	0.42	0.62		0.04	0.3	0.85	0.43	0.4	-0.47	-0.11	0.57
Other Current Assets	0.48	0.48	0.62	0.4	-0.49	0.79	-0.47	0.26	-0.71	0.24	0.1	0.38	0.22	0.22	0.39	0.06	0.52	0.04		0.73	0.36	0.68	0.45	0.67	0.14	0.53
Other Stockholder Equity	0.87	0.77	0.8	0.72	-0.45	0.78	-0.45	0.25	-0.93	0.51	0.23	0.68	0.54	0.58	0.72	0.31	0.79	0.3	0.73		0.64	0.65	0.82	0.32	0.43	0.81
Total Liab	0.54	0.73	0.6	0.26	0.12	0.26	0.11	0.65	-0.84	0.24	-0.2	0.85	0.86	0.84	0.37	0.49	0.9	0.85	0.36	0.64		0.58	0.48	-0.27	-0.09	0.89
Property Plant And Equipment Gross	0.65	0.78	0.38	0.61	-0.46	0.64	-0.51	0.47	-0.72	0.34	-0.13	0.72	0.63	0.54	0.56	0.64	0.75	0.43	0.68	0.65	0.58		0.63	0.45	0.3	0.72
Total Current Assets	0.99	0.66	0.35	0.95	-0.59	0.6	-0.64	-0.03	-0.68	0.48	0.47	0.5	0.39	0.38	0.98	0.33	0.59	0.4	0.45	0.82	0.48	0.63		0.27	0.75	0.59
Property Plant Equipment	0.24	0.07	0.18	0.38	-0.63	0.76	-0.62	-0.18	-0.17	0.25	0.24	-0.11	-0.29	-0.3	0.3	-0.13	-0.04	-0.47	0.67	0.32	-0.27	0.45	0.27		0.39	-0.01
Net Tangible Assets	0.68	0.31	-0.02	0.86	-0.76	0.48	-0.76	-0.41	-0.21	0.3	0.6	0.03	-0.09	-0.09	0.83	0.08	0.09	-0.11	0.14	0.43	-0.09	0.3	0.75	0.39		0.1
Common Stock Total Equity	0.67	0.92	0.78	0.46	-0.13	0.57	-0.13	0.56	-0.95	0.38	-0.13	0.96	0.91	0.92	0.46	0.64	0.99	0.57	0.53	0.81	0.89	0.72	0.59	-0.01	0.1

Click cells to compare fundamentals

Ardelyx Account Relationship Matchups

Ardelyx fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	259.8M	201.6M	149.9M	190.1M	297.6M	180.1M
Other Current Liab	11.7M	12.3M	12.8M	19.9M	27.6M	29.0M
Total Current Liabilities	22.2M	28.4M	57.5M	74.6M	50.4M	30.7M
Total Stockholder Equity	186.7M	126.1M	82.6M	98.3M	166.8M	116.4M
Other Liab	720K	582K	4.7M	20.3M	18.3M	10.1M
Property Plant And Equipment Net	7.4M	4.2M	15.1M	10.5M	6.6M	6.8M
Current Deferred Revenue	4.5M	4.2M	4.7M	13.2M	7.2M	7.0M
Net Debt	(126.4M)	(37.7M)	(26.9M)	(59.7M)	34.5M	36.2M
Retained Earnings	(460.5M)	(554.8M)	(712.9M)	(780.1M)	(846.2M)	(803.9M)
Accounts Payable	2.2M	5.6M	4.3M	10.9M	11.1M	7.7M
Cash	181.1M	91.0M	72.4M	96.1M	21.5M	20.4M
Non Current Assets Total	7.4M	6.3M	15.1M	35.6M	51.5M	54.0M
Non Currrent Assets Other	314K	552K	1.2M	25.1M	44.9M	47.1M
Other Assets	314K	552K	1.2M	25.9M	29.8M	31.3M
Cash And Short Term Investments	247.5M	186.5M	116.7M	123.9M	184.3M	150.6M
Net Receivables	750K	0.0	502K	7.7M	22.0M	23.1M
Common Stock Shares Outstanding	64.5M	89.6M	104.2M	158.7M	219.3M	230.3M
Liabilities And Stockholders Equity	259.8M	201.6M	149.9M	190.1M	297.6M	180.1M
Non Current Liabilities Total	50.9M	47.0M	9.7M	17.1M	80.4M	84.4M
Other Current Assets	4.1M	8.8M	17.6M	5.1M	8.4M	6.0M
Other Stockholder Equity	647.1M	680.9M	795.5M	878.5M	1.0B	510.9M
Total Liab	73.1M	75.5M	67.3M	91.7M	130.8M	137.3M
Property Plant And Equipment Gross	7.4M	4.2M	15.1M	1.2M	16.8M	17.6M
Total Current Assets	252.4M	195.2M	134.8M	154.5M	246.1M	166.5M
Accumulated Other Comprehensive Income	20K	(4K)	(6K)	(54K)	224K	235.2K
Property Plant Equipment	3.4M	1.9M	15.1M	1.2M	1.4M	1.3M
Net Tangible Assets	186.7M	126.1M	82.6M	98.3M	88.5M	98.8M
Long Term Debt	49.2M	48.8M	46.6M	49.8M	57.3M	60.2M
Retained Earnings Total Equity	(460.5M)	(554.8M)	(712.9M)	(780.1M)	(702.1M)	(667.0M)
Short Term Investments	66.4M	95.5M	44.3M	27.8M	162.8M	171.0M
Capital Surpluse	647.1M	680.9M	795.5M	878.5M	1.0B	568.4M
Non Current Liabilities Other	2.1M	413K	14.5M	17.1M	19.7M	20.7M
Short Term Debt	3.8M	6.3M	35.8M	30.6M	4.4M	4.2M
Net Invested Capital	236.7M	176.9M	114.9M	125.0M	216.6M	184.6M
Net Working Capital	229.8M	166.3M	80.8M	88M	195.7M	120.1M
Short Long Term Debt Total	54.7M	53.3M	45.5M	36.5M	56.0M	39.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
BAC	Bank of America
GM	General Motors

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:

How To Invest In Ardelyx

Details

Is Ardelyx Stock a good investment?

Details

What is Ardelyx's Net Worth?

Details

Largest Biotechnology Companies

View

Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardelyx. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Ardelyx Stock analysis

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.

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Commodity Directory Find actively traded commodities issued by global exchanges
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	FinTech Suite Use AI to screen and filter profitable investment opportunities

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

(0.29)

Revenue Per Share

0.705

Quarterly Revenue Growth

3.048

Return On Assets

(0.14)

Return On Equity

(0.48)

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Ardelyx Other Current Liab vs Cash And Short Term Investments Analysis

Other Current Liab vs Cash And Short Term Investments

Other Current Liab vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Other Current Liab

Cash And Short Term Investments

Ardelyx fundamental ratios Correlations

Ardelyx Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Ardelyx fundamental ratios Accounts

Also Currently Popular

Complementary Tools for Ardelyx Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.99	Total Assets
Common Stock Total Equity	+ 0.99	Common Stock Shares Outstanding
Non Currrent Assets Other	+ 0.98	Non Current Assets Total
Other Assets	+ 0.98	Non Currrent Assets Other
Total Current Assets	+ 0.98	Cash And Short Term Investments
Other Assets	+ 0.97	Non Current Assets Total

Common Stock Total Equity	- 0.95	Retained Earnings
Common Stock Shares Outstanding	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.93	Retained Earnings
Retained Earnings	- 0.86	Other Current Liab
Total Liab	- 0.84	Retained Earnings
Non Current Assets Total	- 0.84	Retained Earnings