Research / ARDX / Fundamental state Inspectable configuration
State dimensions Filing 0001628280-25-021516 General Corporate
Debt relative to revenue 35th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.debt_to_revenue
204.15% · OPTIONAL · VALID
Capex intensity 65th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.capex_revenue_ratio
0.44% · OPTIONAL · VALID
Operating cash generation 80th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-51.89% · OPTIONAL · VALID
Revenue growth 30th Own-history percentile · N=20
Evidence method Yoy · gp.fundamentals.revenue
61.04% · CORE · VALID
Inventory pressure 50th Own-history percentile · N=12
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
142.85% · OPTIONAL · VALID
Operating margin 80th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.operating_margin
-49.04% · CORE · VALID
R&D intensity 20th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
20.16% · OPTIONAL · VALID
SBC intensity 30th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
16.31% · OPTIONAL · VALID
As-filed lineage Fundamental state history Each observation is tied to the filing and facts available at that report date. Amendments remain separate.
History 32 states Self-history eligible
Sep 30, 2021 7/7 normalized Level 3 Dec 31, 2021 7/7 normalized Level 3 Mar 31, 2022 7/8 normalized Level 3 Jun 30, 2022 7/8 normalized Level 3 Sep 30, 2022 7/8 normalized Level 3 Dec 31, 2022 7/8 normalized Level 3 Mar 31, 2023 7/8 normalized Level 3 Jun 30, 2023 7/8 normalized Level 3 Sep 30, 2023 7/8 normalized Level 3 Dec 31, 2023 7/8 normalized Level 3 Mar 31, 2024 8/8 normalized Level 3 Jun 30, 2024 8/8 normalized Level 3 Sep 30, 2024 8/8 normalized Level 3 Dec 31, 2024 8/8 normalized Level 3 Mar 31, 2025 8/8 normalized Level 3 Jun 30, 2025 8/8 normalized Level 3 Sep 30, 2025 8/8 normalized Level 3 Dec 31, 2025 8/8 normalized Level 3 Mar 31, 2026 8/8 normalized Level 3 Jun 30, 2026 8/8 normalized Level 4 Period transition
What moved in the state? Balance Sheet Leverage Increased
Previous 45.22%
Current 204.15%
Delta 158.93% Capex Intensity Increased
Previous 0.30%
Current 0.44%
Delta 0.14% Cash Generation Decreased
Previous -13.43%
Current -51.89%
Delta -38.46% Growth Decreased
Previous 168.06%
Current 61.04%
Delta -107.02% Inventory Pressure Increased
Previous 27.33%
Current 142.85%
Delta 115.52% Profitability Decreased
Previous -8.38%
Current -49.04%
Delta -40.67% R And D Intensity Increased
Previous 15.68%
Current 20.16%
Delta 4.47% Sbc Intensity Increased
Previous 11.20%
Current 16.31%
Delta 5.11% Self-history only Previous similar states Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.
Not enough compatible prior states for a transparent self-history match.
Research Graph
Related governed research Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.