Research / ARDX / Fundamental state Inspectable configuration
State dimensions Filing 0001628280-25-037464 General Corporate
Debt relative to revenue 40th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.debt_to_revenue
206.27% · OPTIONAL · VALID
Capex intensity 70th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.capex_revenue_ratio
0.67% · OPTIONAL · VALID
Operating cash generation 90th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue
-25.95% · OPTIONAL · VALID
Revenue growth 25th Own-history percentile · N=20
Evidence method Yoy · gp.fundamentals.revenue
33.38% · CORE · VALID
Inventory pressure 46th Own-history percentile · N=13
Evidence method Level · gp.fundamentals.inventory_revenue_ratio
126.21% · OPTIONAL · VALID
Operating margin 85th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.operating_margin
-14.74% · CORE · VALID
R&D intensity 15th Own-history percentile · N=20
Evidence method Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue
16.04% · OPTIONAL · VALID
SBC intensity 20th Own-history percentile · N=20
Evidence method Level · gp.fundamentals.sbc_revenue_ratio
11.97% · 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 204.15%
Current 206.27%
Delta 2.12% Capex Intensity Increased
Previous 0.44%
Current 0.67%
Delta 0.23% Cash Generation Increased
Previous -51.89%
Current -25.95%
Delta 25.94% Growth Decreased
Previous 61.04%
Current 33.38%
Delta -27.66% Inventory Pressure Decreased
Previous 142.85%
Current 126.21%
Delta -16.64% Profitability Increased
Previous -49.04%
Current -14.74%
Delta 34.31% R And D Intensity Decreased
Previous 20.16%
Current 16.04%
Delta -4.11% Sbc Intensity Decreased
Previous 16.31%
Current 11.97%
Delta -4.34% 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.