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Syndax Pharmaceuticals stock: balance sheet and debt

SNDX
$9.54Closing price of 12 Nov 2026MEQIRI Score 33 out of 100

Syndax Pharmaceuticals has a debt to equity ratio of 5.36.

Daily figure as of 13 Nov 2026

Debt / Equity
5.36
Interest coverage
−7.4x
Current ratio
4.4
Cash & equivalents
$413.69M
Total assets
$529.71M
Equity ratio
12.2%
Goodwill
not reported separately
Net debt
−$67.2M
More cash than debt

Total assets and equity ratio

How large the balance sheet of Syndax Pharmaceuticals, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2011$4.79Mnot reported separatelynot reported separately−398.1%$15.03M
2012$1.51Mnot reported separatelynot reported separately−1,939.6%$20.72M
2013$17.06Mnot reported separatelynot reported separately69.5%−$14.26M
2014$12.82Mnot reported separatelynot reported separately−44.6%$1.68M
2015$89.9Mnot reported separatelynot reported separately74.2%−$87.29M
2016$109.01Mnot reported separatelynot reported separately77.2%−$105.33M
2017$137.19Mnot reported separatelynot reported separately76.0%−$133.22M
2018$83.94Mnot reported separatelynot reported separately63.2%−$80.91M
2019$63.53Mnot reported separatelynot reported separately49.7%−$58.88M
2020$300.61Mnot reported separatelynot reported separately83.9%−$272.53M
2021$449.66Mnot reported separatelynot reported separately90.8%−$425.86M
2022$497.24Mnot reported separatelynot reported separately94.0%−$483.24M
2023$612.88Mnot reported separatelynot reported separately90.4%−$575.95M
2024$724.82Mnot reported separatelynot reported separately39.8%−$237.17M
2025$529.71Mnot reported separatelynot reported separately12.2%−$67.2M

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2011$4.31M−$19.06M$19.34M−1.02
2012$628K−$29.29M$21.34M−0.73
2013$14.26M$11.85M$00
2014$12.21M−$5.72M$13.88M−2.43
2015$87.29M$66.7M$00
2016$105.33M$84.14M$00
2017$133.22M$104.32M$00
2018$80.91M$53.05M$00
2019$59.78M$31.6M$897K0.03
2020$293.07M$252.19M$20.54M0.08
2021$446.83M$408.37M$20.97M0.05
2022$484.4M$467.45M$1.16M0
2023$577.58M$554.2M$1.64M0
2024$582.91M$288.12M$345.74M1.2
2025$413.69M$64.63M$346.48M5.36

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 28 Feb 2023)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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