Research / ARDX / Fundamental state Inspectable configuration
State dimensions Filing 0001628280-23-035597 General Corporate
Debt relative to revenue 0th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.debt_to_revenue
48.29% · OPTIONAL · VALID
Capex intensity 40th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.capex_revenue_ratio
0.34% · OPTIONAL · VALID
Operating cash generation 100th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-38.07% · OPTIONAL · VALID
Revenue growth 82th Own-history percentile · N=17
Evidence method Yoy · gp.fundamentals.revenue
1030.99% · CORE · VALID
Inventory pressure RAW Current state valid · history insufficient
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
84.23% · OPTIONAL · NOT_ENOUGH_HISTORY
Operating margin 100th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.operating_margin
13.12% · CORE · VALID
R&D intensity 0th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
15.32% · OPTIONAL · VALID
SBC intensity 0th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
6.19% · 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 Decreased
Previous 121.13%
Current 48.29%
Delta -72.84% Capex Intensity Decreased
Previous 0.42%
Current 0.34%
Delta -0.07% Cash Generation Increased
Previous -65.99%
Current -38.07%
Delta 27.92% Growth Increased
Previous 784.13%
Current 1030.99%
Delta 246.86% Inventory Pressure Decreased
Previous 214.53%
Current 84.23%
Delta -130.30% Profitability Increased
Previous -74.44%
Current 13.12%
Delta 87.56% R And D Intensity Decreased
Previous 37.08%
Current 15.32%
Delta -21.77% Sbc Intensity Decreased
Previous 14.32%
Current 6.19%
Delta -8.14% 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.