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SNGXSoligenix, Inc.
$0.38$4M
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  4. Financial Ratios

Soligenix, Inc. (SNGX) Financial Ratios

Latest Ratios: P/E Ratio -0.2x · EV/EBITDA N/A · ROE -235.5%. (1995–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

SNGX Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$4M$7M$4M$6M$19M$29M$35M$28M$11M$14M$8M
Enterprise Value$-3611994$-625018$-1852779$925112$16M$13M$27M$23M$2M$6M$-709287
P/E Ratio →-0.18——————————
P/S Ratio————77.87882.8318.228.742.162.510.77
P/B Ratio0.381.311.092.33—2.759.4019.281.802.161.09
P/FCF———————————
P/OCF———————————

P/E links to full P/E history page with 30-year chart

SNGX EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue————65.39400.6413.997.090.451.07-0.07
EV / EBITDA———————————
EV / EBIT———————————
EV / FCF———————————

SNGX Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin————-120.3%-2084.8%5.7%-10.9%12.3%20.7%19.3%
Operating Margin————-5695.6%-39276.1%-962.8%-327.8%-172.8%-139.8%-54.6%
Net Profit Margin————-5519.3%-37633.0%-916.3%-290.9%-169.8%-131.6%-31.1%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE-235.5%-235.5%-249.0%-23803.1%-334.4%-173.5%-680.5%-241.8%-141.3%-104.2%-88.0%
ROA-121.7%-121.7%-88.1%-51.0%-67.1%-53.7%-127.9%-102.4%-88.8%-72.1%-36.8%
ROIC———————————
ROCE-245.4%-245.4%-243.2%-1093.4%-155.3%-76.2%-243.4%-272.3%-143.8%-110.7%-154.8%

SNGX Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.070.070.361.39—0.932.810.09———
Debt / EBITDA———————————
Net Debt / Equity—-1.43-1.54-1.96—-1.50-2.18-3.63-1.43-1.24-1.19
Net Debt / EBITDA———————————
Debt / FCF———————————
Interest Coverage———-156.20-17.18-13.83-1701.39————

Net cash position: cash ($8M) exceeds total debt ($358144)

SNGX Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.392.391.821.550.844.223.201.192.462.923.52
Quick Ratio2.392.391.821.550.844.223.201.192.462.923.52
Cash Ratio2.152.151.611.370.814.143.070.862.132.423.06
Asset Turnover————0.020.000.100.410.500.571.02
Inventory Turnover———————————
Days Sales Outstanding————320.222656.39106.80166.0583.6990.2542.15

SNGX Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio———————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Total Shareholder Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Shares Outstanding—$5M$2M$484877$179459$185797$114529$80735$54909$25601$14932

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Regulatory and liquidity insolvency

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Distressed Valuation Reflects Regulatory Uncertainty

Based on recent market data, SNGX trades at a P/B ratio of 0.40, which, according to institutional filings, suggests the market is heavily discounting the company's book value due to persistent operating losses and the absence of a clear, near-term path to commercial revenue generation.

The current valuation multiple indicates that investors are pricing the firm as a distressed asset rather than a growth-stage biotech. This deep discount to book value implies that the market lacks confidence in the company's ability to convert its intellectual property into a viable commercial product without further significant equity dilution.

Liquidity Runway Constrained by Burn

As reported in recent financial statements, the company's current ratio has fluctuated between 1.08 and 3.18 over the last ten quarters, indicating that while short-term liquidity appears adequate, the rapid depletion of cash reserves warrants close monitoring for potential future financing requirements.

The volatility in the current ratio reflects the lumpy nature of grant-funded cash inflows versus the steady, high-burn nature of clinical trial expenditures. Investors should note that the current liquidity position provides little buffer against unexpected regulatory setbacks or delays in the clinical trial enrollment process.

Debt Profile Masks Operational Fragility

According to historical balance sheet data, the company's D/E ratio has shown extreme volatility, peaking at 4.17 in 2024Q1, which suggests that even minor debt obligations pose a disproportionate risk to the firm's capital structure given its limited and shrinking equity base.

While the absolute debt levels appear manageable, the high D/E ratio in previous periods highlights the company's reliance on external financing to bridge its operational gaps. The current leverage profile remains sensitive to any further erosion of shareholders' equity, which has been severely impacted by the accumulation of long-term losses.

Misapplication of Traditional P/B Multiples

The Price-to-Book ratio is frequently misapplied to SNGX, as it fails to account for the intangible nature of clinical-stage biotech assets and the high probability that book value will continue to erode as the company funds its R&D pipeline through further equity dilution.

Using P/B as a valuation anchor obscures the reality that the company's primary assets are not physical, but rather the potential future cash flows from its pipeline. Analysts should instead focus on the 'cash runway' and the 'grant-to-equity' ratio to better assess the company's survival probability and the true cost of its development programs.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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SNGX — Frequently Asked Questions

Quick answers to the most common questions about buying SNGX stock.

What is Soligenix, Inc.'s P/E ratio?

Soligenix, Inc.'s current P/E ratio is -0.2x. This places it at the 50th percentile of its historical range.

What is Soligenix, Inc.'s ROE?

Soligenix, Inc.'s return on equity (ROE) is -235.5%. The historical average is -147.8%.

Is SNGX stock overvalued?

Based on historical data, Soligenix, Inc. is trading at a P/E of -0.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.