IRIDEX Corporation cash flow to debt ratio of -46.67% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

IRIDEX Corporation has insufficient data to evaluate this check.

IRIDEX Corporation's debt to equity ratio is 0.90, which means that the company's assets are unhealthy financed, signaling financial risk.

IRIDEX Corporation has insufficient data to evaluate this check.

IRIDEX Corporation has a net cash position, so leverage is healthy.

Interest expense is not separately reported in IRIDEX Corporation's latest filing, so interest coverage cannot be calculated.

IRIDEX Corporation's profit margin has increased (-65.98%) in the last year from -18.31% to -6.23%, signaling increasing performance

IRIDEX Corporation's short-term assets of $25.25M exceed its short-term liabilities of $13.21M

IRIDEX Corporation's return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

IRIDEX Corporation's return on equity of -64.23%, is lower than 15.00%, indicating bad performance

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

IRIDEX Corporation had positive net income in only 0 out of 5 years, indicating unstable earnings

IRIDEX Corporation has negative free cash flow, indicating the company is burning cash rather than generating it

IRIDEX Corporation has negative free cash flow, indicating cash burn

IRIDEX Corporation's yearly earnings has increased -50.20% since last year from $-8.91M to $-4.44M, signaling increasing performance

IRIDEX Corporation has insufficient data to evaluate this check.

ROIC -16.95% (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.

IRIDEX Corporation's 3-year revenue CAGR of -2.58% is negative, indicating declining revenue over the past 3 years

IRIDEX Corporation had revenue growth in 3 out of 5 years, indicating consistent revenue performance

IRIDEX Corporation has insufficient net-income and equity history to evaluate ROE consistency.

IRIDEX Corporation has insufficient data to evaluate this check.

IRIDEX Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

IRIDEX Corporation is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

IRIDEX Corporation has negative or missing EBITDA, making EV/EBITDA ratio unreliable

IRIDEX Corporation is overvalued relative to its fair value price of -2.88 based on Earnings Fair Value model

IRIDEX Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

IRIDEX Corporation has a price-to-book ratio of 3.08x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

IRIDEX Corporation has a price-to-sales ratio of 0.28x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue