Codexis, Inc. cash flow to debt ratio of -26.47% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Codexis, Inc.'s free cash flow has increased -55.60% from $-53.72M last year to $-23.85M, signaling increasing performance

Codexis, Inc.'s debt to equity ratio is 1.69, which means that the company's assets are unhealthy financed, signaling financial risk.

Codexis, Inc.'s debt has increased relative to shareholder equity from 0.89 last year to 1.69 today, signaling weakened financials

Codexis, Inc. has a net cash position, so leverage is healthy.

Codexis, Inc.'s interest coverage ratio is -20.04, which means that the company struggles to meet interest obligations, signaling financial risk.

Codexis, Inc.'s profit margin has increased (-62.76%) in the last year from -109.99% to -40.96%, signaling increasing performance

Codexis, Inc.'s short-term assets of $96.82M exceed its short-term liabilities of $25.32M

Codexis, Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Codexis, Inc.'s return on equity of -68.09%, is lower than 15.00%, indicating bad performance

Codexis, Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Codexis, Inc. had positive net income in only 0 out of 5 years, indicating unstable earnings

Codexis, Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

Codexis, Inc. has negative free cash flow, indicating cash burn

Codexis, Inc.'s yearly earnings has increased -32.63% since last year from $-65.28M to $-43.97M, signaling increasing performance

Codexis, Inc.'s yearly revenue has increased 18.61% since last year from $59.34M to $70.39M, signaling increasing performance

ROIC -21.97% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Codexis, Inc.'s 3-year revenue CAGR of -20.22% is negative, indicating declining revenue over the past 3 years

Codexis, Inc. had revenue growth in 3 out of 5 years, indicating consistent revenue performance

Codexis, Inc. had positive ROE in only 0 out of 5 years, indicating inconsistent returns on equity

Codexis, Inc. has insufficient data to evaluate this check.

Codexis, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Codexis, Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Codexis, Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

Codexis, Inc. is overvalued relative to its fair value price of -3.22 based on Earnings Fair Value model

Codexis, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Codexis, Inc. has a price-to-book ratio of 3.15x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Codexis, Inc. has a price-to-sales ratio of 1.74x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue