Tenax Therapeutics, Inc. (TENX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Tenax Therapeutics, Inc. (TENX) stock price & volume — 10-year historical chart
Tenax Therapeutics, Inc. (TENX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Tenax Therapeutics, Inc. (TENX) competitors in Commercial Specialty Pharma — business model, growth, and fundamentals comparison
Tenax Therapeutics, Inc. (TENX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Tenax Therapeutics, Inc. (TENX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Revenue Growth % | -100% | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | 18.95K | 13.62K | 9.02K | 0 | 114.75K | 0 | 0 | 0 | 0 | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | -18.95K▲ 0% | -13.62K▲ 28.1% | -9.02K▲ 33.8% | 0▲ 100.0% | -114.75K▲ 0% | 0▲ 100.0% | 0▲ 0% | 0▲ 0% | 0▲ 0% | 0▲ 0% |
| Gross Margin % | - | - | - | - | - | - | - | - | - | - |
| Gross Profit Growth % | -147.91% | 28.13% | 33.82% | 100% | - | 100% | - | - | - | - |
| Operating Expenses | 52.65M | 9.21M | 6.89M | 8.56M | 9.75M | 32.73M | 11.05M | 8.23M | 19.49M | 47.23M |
| OpEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Selling, General & Admin | 6.25M | 5.68M | 5.65M | 5.08M | 5.19M | 7.58M | 5.68M | 5M | 6.79M | 20.51M |
| SG&A % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 35.14M | 3.53M | 1.24M | 3.47M | 4.56M | 25.15M | 5.38M | 3.23M | 12.71M | 26.73M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 33.27M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -52.65M▲ 0% | -9.21M▲ 82.5% | -6.89M▲ 25.1% | -8.56M▼ 24.1% | -9.87M▼ 15.3% | -32.73M▼ 231.7% | -11.05M▲ 66.2% | -8.23M▲ 25.5% | -19.49M▼ 136.8% | -47.23M▲ 0% |
| Operating Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating Income Growth % | -236.68% | 82.52% | 25.12% | -24.11% | -15.34% | -231.66% | 66.23% | 25.5% | -136.75% | - |
| EBITDA | -52.63M | -9.19M | -6.88M | -8.55M | -9.75M | -32.62M | -10.94M | -8.23M | -17.58M | -43.33M |
| EBITDA Margin % | - | - | - | - | - | - | - | - | - | - |
| EBITDA Growth % | -237.57% | 82.53% | 25.11% | -24.2% | -14.07% | -234.45% | 66.46% | 24.8% | -113.7% | -195.79% |
| D&A (Non-Cash Add-back) | 18.95K | 13.62K | 9.02K | 5.02K | 114.75K | 108.98K | 113.33K | 8K | 0 | 0 |
| EBIT | -51.89M | -9.21M | -6.89M | -8.56M | -9.85M | -32.47M | -11.04M | -7.69M | -17.58M | -43.33M |
| Net Interest Income | 0 | 0 | 0 | 144K | 29.37K | -949 | -4.44K | -23.97K | 1.89M | 3.93M |
| Interest Income | 0 | 0 | 0 | 144K | 31K | 0 | 0 | 0 | 1.91M | 3.93M |
| Interest Expense | 32.5M | 0 | 0 | 0 | 1.63K | 949 | 4.44K | 23.97K | 23K | 0 |
| Other Income/Expense | 764.74K | 366.22K | 79.83K | 160.9K | 16.54K | 253.88K | 4.75K | 523K | 1.89M | 3.9M |
| Pretax Income | -51.89M▲ 0% | -8.84M▲ 83.0% | -6.81M▲ 22.9% | -8.39M▼ 23.2% | -9.85M▼ 17.4% | -32.47M▼ 229.6% | -11.05M▲ 66.0% | -7.71M▲ 30.2% | -17.6M▼ 128.3% | -43.33M▲ 0% |
| Pretax Margin % | - | - | - | - | - | - | - | - | - | - |
| Income Tax | -7.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 15.35% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -43.92M▲ 0% | -8.84M▲ 79.9% | -6.81M▲ 22.9% | -8.39M▼ 23.2% | -9.85M▼ 17.4% | -32.47M▼ 229.6% | -11.05M▲ 66.0% | -7.71M▲ 30.2% | -17.6M▼ 128.3% | -43.33M▲ 0% |
| Net Margin % | - | - | - | - | - | - | - | - | - | - |
| Net Income Growth % | -211.92% | 79.88% | 22.92% | -23.2% | -17.36% | -229.64% | 65.98% | 30.2% | -128.27% | -197.57% |
| Net Income (Continuing) | -43.92M | -8.84M | -6.81M | -8.39M | -9.85M | -32.47M | -11.05M | -7.71M | -17.6M | -43.33M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -624.82▲ 0% | -10022.32▼ 1504.0% | -7359.14▲ 26.6% | -26.60▲ 99.6% | -2125.38▼ 7890.2% | -2524.80▼ 18.8% | -600.80▲ 76.2% | -31.04▲ 94.8% | -1.15▲ 96.3% | -1.09▲ 0% |
| EPS Growth % | -211.46% | -1504.03% | 26.57% | 99.64% | -7890.15% | -18.79% | 76.2% | 94.83% | 96.3% | 92.92% |
| EPS (Basic) | -624.82 | -10022.32 | -7359.14 | -26.60 | -2125.38 | -2524.80 | -600.80 | -31.09 | -1.15 | - |
| Diluted Shares Outstanding | 879 | 1.41M | 915 | 3.87K | 4.63K | 12.86K | 18.39K | 248.45K | 15.27M | 39.74M |
| Basic Shares Outstanding | 879 | 1.41M | 915 | 3.87K | 4.63K | 12.86K | 18.39K | 248K | 15.27M | 39.74M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
Tenax Therapeutics, Inc. (TENX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 13.63M | 8.06M | 13.32M | 6.18M | 6.8M | 5.69M | 3.21M | 11.68M | 96.69M | 102.81M |
| Cash & Short-Term Investments | 13.28M | 7.73M | 12.86M | 5.4M | 6.71M | 5.58M | 2.12M | 9.79M | 94.85M | 99.37M |
| Cash Only | 10M | 1.6M | 12.37M | 4.91M | 6.25M | 5.58M | 2.12M | 9.79M | 94.85M | 99.37M |
| Short-Term Investments | 3.28M | 6.12M | 494.63K | 493.88K | 462.69K | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 72.6K | 50.17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 345.86K | 251.58K | 64K | 3.44M |
| Total Non-Current Assets | 9.71M | 1.83M | 16.96K | 184.44K | 73.19K | 303.24K | 196.24K | 1.12K | 0 | 0 |
| Property, Plant & Equipment | 19.11K | 9.95K | 8.53K | 176.01K | 64.75K | 294.8K | 186.69K | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 8.59M | 1.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.11M | 8.44K | 8.44K | 8.44K | 8.44K | 8.44K | 9.55K | 1.12K | 0 | 0 |
| Total Assets | 23.34M▲ 0% | 9.89M▼ 57.6% | 13.34M▲ 34.8% | 6.37M▼ 52.3% | 6.87M▲ 7.9% | 5.99M▼ 12.8% | 3.4M▼ 43.2% | 11.68M▲ 243.2% | 96.69M▲ 727.5% | 102.81M▲ 0% |
| Asset Turnover | - | - | - | - | - | - | - | - | - | 0.00x |
| Asset Growth % | -68.02% | -57.62% | 34.85% | -52.27% | 7.91% | -12.76% | -43.18% | 243.19% | 727.46% | 2302.5% |
| Total Current Liabilities | 6.2M | 1.01M | 1.57M | 2.53M | 2.12M | 1.56M | 1.85M | 3.59M | 4.69M | 6.6M |
| Accounts Payable | 727.6K | 611.86K | 749.81K | 1.66M | 757.86K | 859.64K | 448.43K | 2.07M | 3.16M | 5.61M |
| Days Payables Outstanding | 14.01K | 16.4K | 30.36K | - | 2.41K | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 120.49K | 0 | 624.3K | 500.9K | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 226.09K | 33.67K | 244.46K | 426.12K | 319.61K | 0 | 245.39K | 236.88K | 0 | 991K |
| Current Ratio | 2.20x | 7.99x | 8.51x | 2.44x | 3.21x | 3.64x | 1.74x | 3.26x | 20.60x | 20.60x |
| Quick Ratio | 2.20x | 7.99x | 8.51x | 2.44x | 3.21x | 3.64x | 1.74x | 3.26x | 20.60x | 20.60x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 0 | 60.38K | 124.17K | 183.59K | 64.2K | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 124.17K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 60.38K | 0 | 183.59K | 64.2K | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 6.2M | 1.01M | 1.57M | 2.59M | 2.24M | 1.75M | 1.91M | 3.59M | 4.69M | 6.6M |
| Total Debt | 0 | 0 | 0 | 171.73K | 305.04K | 290.78K | 807.89K | 500.9K | 0 | 0 |
| Net Debt | -10M | -1.6M | -12.37M | -4.73M | -5.95M | -5.29M | -1.32M | -9.29M | -94.85M | -99.37M |
| Debt / Equity | - | - | - | 0.05x | 0.07x | 0.07x | 0.54x | 0.06x | - | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.00x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 2.29x |
| Interest Coverage | -1.62x | - | - | - | -6065.11x | -34487.08x | -2487.65x | -343.56x | -847.57x | - |
| Total Equity | 17.14M▲ 0% | 8.88M▼ 48.2% | 11.77M▲ 32.5% | 3.77M▼ 68.0% | 4.63M▲ 22.6% | 4.24M▼ 8.2% | 1.49M▼ 64.8% | 8.1M▲ 442.5% | 91.99M▲ 1036.0% | 96.21M▲ 0% |
| Equity Growth % | -71.63% | -48.18% | 32.53% | -67.95% | 22.61% | -8.23% | -64.83% | 442.5% | 1035.98% | 2878.36% |
| Book Value per Share | 19506.16 | 6.30 | 12865.06 | 974.30 | 997.96 | 330.07 | 81.17 | 32.59 | 6.02 | 2.42 |
| Total Shareholders' Equity | 17.14M | 8.88M | 11.77M | 3.77M | 4.63M | 4.24M | 1.49M | 8.1M | 91.99M | 96.21M |
| Common Stock | 2.81K | 141 | 379 | 674 | 1.26K | 2.52K | 4.58K | 30 | 0 | 1K |
| Retained Earnings | -204.66M | -213.5M | -227.8M | -236.17M | -246.02M | -278.49M | -289.54M | -297.25M | -314.86M | -351.91M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -18.72K | -16.19K | 516 | 458 | -70 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tenax Therapeutics, Inc. (TENX) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -15.87M | -12.14M | -5.5M | -7.56M | -9.27M | -10.86M | -12.01M | -5.9M | -14.81M | -14.81M |
| Operating CF Margin % | - | - | - | - | - | - | - | - | - | - |
| Operating CF Growth % | -62.8% | 23.51% | 54.7% | -37.4% | -22.72% | -17.08% | -10.65% | 50.85% | -150.86% | -538.32% |
| Net Income | -43.92M | -8.84M | -14.14M | -8.39M | -9.85M | -32.47M | -11.05M | -7.71M | -17.6M | -43.33M |
| Depreciation & Amortization | 18.95K | 13.62K | 9.02K | 107.28K | 114.75K | 108.98K | 113.33K | 8K | 0 | 0 |
| Stock-Based Compensation | 1.06K | 79.59K | 190.08K | 0 | 0 | 0 | 0 | 191K | 1.13M | 0 |
| Deferred Taxes | -7.96M | -4.83K | 407.77K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 34.08M | 498.49K | 7.43M | 270.51K | 361.34K | 22.12M | 366.86K | 25K | 23K | 15.34M |
| Working Capital Changes | 1.92M | -3.89M | 606.75K | 460.4K | 102.44K | -610.09K | -1.45M | 1.58M | 1.64M | 2.07M |
| Change in Receivables | 23.8K | 1.11M | -122.61K | 0 | 698.37K | -22.5K | 0 | -306K | 58K | 0 |
| Change in Inventory | -2.72M | 5M | -729.36K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 2.72M | -5M | 729.36K | 883.04K | 0 | 0 | -344.95K | 1.65M | 1.06M | 4.06M |
| Cash from Investing | 22.21M | 3.75M | 7.35M | -1.65K | 20.11K | 452.61K | -2.32K | 3K | 0 | 0 |
| Capital Expenditures | -2.88K | -4.54K | -7.59K | -3.57K | -3.49K | -5.25K | -2.32K | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Acquisitions | 75K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 75K | 3.75K | 7.36K | 0 | 0 | 0 | 0 | 3K | 0 | 0 |
| Cash from Financing | 280.59K | 498.49K | 8.91M | 96.5K | 10.6M | 9.74M | 8.55M | 13.57M | 99.87M | 26.97M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 244.66K | 0 | 624.3K | -624K | -501K | -97 |
| Equity Issued (Net) | 0 | 0 | 0 | 96.5K | 1000K | 1000K | 1000K | 0 | 0 | 2.35M |
| Dividends Paid | 0 | 0 | -7.33M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -489.32K | -498.49K | 16.24M | 0 | 1.69M | 544.65K | 0 | 14.19M | 100.37M | 0 |
| Net Change in Cash | 6.34M▲ 0% | -8.39M▼ 232.4% | 10.76M▲ 228.3% | -7.46M▼ 169.3% | 1.34M▲ 118.0% | -666.32K▼ 149.6% | -3.46M▼ 419.3% | 7.67M▲ 321.6% | 85.06M▲ 1009.3% | 1.06M▲ 0% |
| Free Cash Flow | -15.87M▲ 0% | -12.15M▲ 23.5% | -5.51M▲ 54.7% | -7.56M▼ 37.3% | -9.28M▼ 22.7% | -10.86M▼ 17.1% | -12.02M▼ 10.6% | -5.9M▲ 50.9% | -14.81M▼ 150.9% | -25.91M▲ 0% |
| FCF Margin % | - | - | - | - | - | - | - | - | - | - |
| FCF Growth % | -61.02% | 23.49% | 54.66% | -37.27% | -22.71% | -17.09% | -10.62% | 50.86% | -150.86% | -107.98% |
| FCF per Share | -18064.61 | -8.61 | -6018.64 | -1952.41 | -2001.37 | -844.59 | -653.32 | -23.76 | -0.97 | -0.97 |
| FCF Conversion (FCF/Net Income) | 0.36x | 1.37x | 0.81x | 0.90x | 0.94x | 0.33x | 1.09x | 0.77x | 0.84x | 0.60x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24K | 23K | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tenax Therapeutics, Inc. (TENX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -113.26% | -67.94% | -65.98% | -108.01% | -234.61% | -732.21% | -385.12% | -160.8% | -35.17% | -45.03% |
| Return on Invested Capital (ROIC) | -123.38% | -95.75% | -154.76% | - | - | - | - | - | - | 1375.12% |
| Debt / Equity | - | - | - | 0.05x | 0.07x | 0.07x | 0.54x | 0.06x | - | 0.00x |
| Interest Coverage | -1.62x | - | - | - | -6065.11x | -34487.08x | -2487.65x | -343.56x | -847.57x | - |
| FCF Conversion | 0.36x | 1.37x | 0.81x | 0.90x | 0.94x | 0.33x | 1.09x | 0.77x | 0.84x | 0.60x |
| Revenue Growth | -100% | - | - | - | - | - | - | - | - | - |
Tenax Therapeutics, Inc. (TENX) stock FAQ — growth, dividends, profitability & financials explained
Tenax Therapeutics, Inc. (TENX) grew revenue by 0.0% over the past year. Growth has been modest.
Tenax Therapeutics, Inc. (TENX) reported a net loss of $43.3M for fiscal year 2024.
Tenax Therapeutics, Inc. (TENX) has a return on equity (ROE) of -35.2%. Negative ROE indicates the company is unprofitable.
Tenax Therapeutics, Inc. (TENX) had negative free cash flow of $25.9M in fiscal year 2024, likely due to heavy capital investments.
Tenax Therapeutics, Inc. (TENX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates