Ardelyx Total Assets vs Property Plant And Equipment Gross Analysis
ARDX Stock | USD 6.90 0.15 2.22% |
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 Total Assets and its Property Plant And Equipment Gross 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.
Total Assets vs Property Plant And Equipment Gross
Total Assets vs Property Plant And Equipment Gross Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ardelyx Total Assets account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have strong relationship.
The correlation between Ardelyx's Total Assets and Property Plant And Equipment Gross is 0.65. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Ardelyx, assuming nothing else is changed. The correlation between historical values of Ardelyx's Total Assets and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Ardelyx are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Total Assets i.e., Ardelyx's Total Assets and Property Plant And Equipment Gross go up and down completely randomly.
Correlation Coefficient | 0.65 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Ardelyx assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Ardelyx books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant And Equipment Gross
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 |
Ardelyx fundamental ratios Correlations
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Ardelyx Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
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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.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 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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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 (0.28) | 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.