Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Ardelyx, Inc. (ARDX) had Return on Tangible Equity of -11.22% for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$120.88M
Net Income	$-16.72M
Cost of Goods Sold	$5.76M
Gross Profit	$115.12M
Operating Expenses	$133.30M
Operating Income	$-12.43M
Non-Operating Income/Expense	$-4.19M
Pre-Tax Income	$-16.61M
Normalized Pre-Tax Income	$-16.61M
Income after Taxes	$-16.72M
Income from Continuous Operations	$-16.72M
Consolidated Net Income/Loss	$-16.72M
Normalized Income after Taxes	$-16.72M
EBIT	$-12.43M
EBITDA	$-11.82M
Weighted-Average Shares Outstanding (Basic)	248.07M
Weighted-Average Shares Outstanding (Diluted)	248.07M
Earnings per Share (EPS) (Basic)	$-0.07
Earnings per Share (EPS) (Diluted)	$-0.07
Balance Sheet Financials
Current Assets	$441.93M
Property, Plant, and Equipment	$1.78M
Long-Term Assets	$133.97M
Total Assets	$575.89M
Current Liabilities	$132.22M
Long-Term Debt	$251.82M
Long-Term Liabilities	$294.66M
Total Liabilities	$426.88M
Common Equity	$149.01M
Tangible Shareholders Equity	$149.01M
Shareholders Equity	$149.01M
Common Shares Outstanding	249.15M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-38.64M
Cash Flow from Investing Activities	$12.67M
Cash Flow from Financial Activities	$55.16M
Beginning Cash	$68.00M
End Cash	$97.19M
Increase/Decrease in Cash	$29.19M
Stock-Based Compensation	$29.47M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	3.34
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.63
Debt to Equity Ratio	1.69
Gross Margin	95.24%
Operating Margin	-10.28%
EBIT Margin	-10.28%
EBITDA Margin	--
Pre-Tax Profit Margin	-13.74%
Profit Margin	-13.83%
Free Cash Flow	$-38.72M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.21
Inventory Turnover	0.22
Receiveable Turnover	1.20
Days Sales in Receivables	74.72
Return on Equity	-11.22%
Return on Tangible Equity	-11.22%
Return on Assets	-2.90%
Return on Investments	-4.17%
Book Value Per Share	$0.60
Free Cash Flow per Share	$-0.16
Operating Cash Flow per Share	$-0.16

Data from Zacks Investment Research, Inc.