Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ArdelyxARDX +1.79%70 Cash Ratio is 2.17 as of Mar. 2026, which is 46% below its 10-year median of 4.03. GuruFocus rates ARDX with a GF Score™ of 70/100 and a GF Value™ of $10.40 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,381 Biotechnology companies, Ardelyx ranks worse than 57.35% on this metric.
Ardelyx has a Cash Ratio of 2.17. It generally indicates that the company is able to cover all short-term debt and still have cash remaining.
The historical rank and industry rank for Ardelyx's Cash Ratio or its related term are showing as below:
ARDX'
s Cash Ratio Range Over the Past 10 Years
Min: 1.66 Med: 4.03 Max: 13.63
Current: 2.17
During the past 13 years, Ardelyx's highest Cash Ratio was 13.63. The lowest was 1.66. And the median was 4.03.
ARDX's Cash Ratio is ranked worse than 57.35% of 1381
companies
in the Biotechnology industry
Industry Median: 2.95
vs ARDX: 2.17
Ardelyx (NAS:ARDX) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Ardelyx Cash Ratio Related Terms
Ardelyx Cash Ratio Historical Data
* Premium members only.
The historical data trend for Ardelyx's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Biotechnology subindustry, Ardelyx's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ardelyx Cash Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ardelyx's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Ardelyx's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ardelyx (ARDX) has a Cash Ratio of 2.17 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ardelyx and its competitors. This is 46% below median its historical median of 4.03. Over the past decade, Ardelyx's Cash Ratio has ranged from 1.66 to 13.63. According to the industry distribution chart, Ardelyx ranks #792 out of 1381 companies in the Biotechnology industry, placing it in the top 57.3%.
Is Ardelyx's Cash Ratio too high?
Ardelyx's current Cash Ratio of 2.17 is 46% below median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.66 to a high of 13.63. The Biotechnology industry median Cash Ratio is 2.95. Ardelyx's value of 2.17 is 26.4% below this industry median. Based on the distribution chart, Ardelyx ranks #792 out of 1381 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Ardelyx has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ardelyx's Cash Ratio compare to IMTX and TRAX?
According to the Biotechnology industry distribution chart, Ardelyx ranks #792 out of 1381 companies for Cash Ratio. This places Ardelyx in the lower half of its industry. The industry median Cash Ratio is 2.95. Ardelyx's value of 2.17 is 26.4% below this benchmark. Historically, Ardelyx's own Cash Ratio has ranged from 1.66 to 13.63 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 2.95, Ardelyx has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Biotechnology company?
The median Cash Ratio among Biotechnology companies is 2.95, based on 1,381 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardelyx's current Cash Ratio of 2.17 is 26.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Ardelyx and its competitors. For the Biotechnology industry, the median Cash Ratio is 2.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardelyx's current Cash Ratio is 2.17, which is 46% below median its own 10-year median of 4.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardelyx stock overvalued right now?
Based on GuruFocus' analysis, Ardelyx (ARDX) is currently considered Possible Value Trap. The stock's GF Value™ is $10.40, compared to a current price of $5.13 — trading 50.7% below its estimated fair value. The current Cash Ratio is 2.17, which is 46% below median its 10-year median of 4.03 and 26.4% below the Biotechnology industry median of 2.95. Ardelyx's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Ardelyx (ARDX), the current Cash Ratio is 2.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ardelyx (ARDX) Overvalued in 2026?
Based on GuruFocus' analysis, Ardelyx stock appears to be undervalued.
The current stock price of $5.13 is trading 50.7% below its estimated GF Value™ of $10.40.
GuruFocus considers Ardelyx to be Possible Value Trap.
Key valuation signals for ARDX:
Cash Ratio: 2.17 (46% below median its 10-year median of 4.03)
GF Value™: $10.40 vs. price of $5.13 (50.7% below fair value)
Industry Position: 26.4% below the Biotechnology median (#792 of 1381)
No single metric tells the full story. See the ARDX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ardelyx Inc is a biopharmaceutical company developing and commercialize, first-in-class medicines that meet unmet medical needs. It has developed a platform that enabled the discovery of new biological mechanisms and pathways to develop potent and efficacious therapies that minimize the side effects and drug-drug interactions frequently encountered with traditional, systemically absorbed medicines. Its products Tenapanor, branded as IBSRELA, is used for the treatment of adults with IBS-C. Tenapanor, branded as XPHOZAH, is used to reduce serum phosphorus in adults with CKD on dialysis as add-on therapy in patients who have an inadequate response to phosphate binders or who are intolerant of any dose of phosphate binder therapy.
70GF Score
Get the complete analysis for ARDX
Cash Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ARDX has been successfully added to your 
