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PosiFunda · Fundamentals

Annexon, Inc.

PosiFunda Ratios Only on PositoAI

PositoAI's own ratios from Annexon, Inc.'s yearly results (2022–2025), compared with Healthcare companies in United States. Tap ? on any ratio for what it means.

What stands out

  • Self-Funding Ratio: Over the last 3 years operating cash was negative while the company kept spending on investment (capex). Lower than almost all Healthcare companies in United States.
  • Steadiness Ratio: Sales grew in 0 of the last 3 years; profit grew in 1 of 3. Less steady than 86% of Healthcare companies in United States.

Cash quality

Profit Cash Ratio

—

Data incomplete

Self-Funding Ratio

-1,233.3×

Over the last 3 years operating cash was negative while the company kept spending on investment (capex).

Lower than almost all Healthcare companies in United States.

Cash Locked Ratio

—

Data incomplete

Growth quality

Steadiness Ratio

0/3 · 1/3

Sales grew in 0 of the last 3 years; profit grew in 1 of 3.

Less steady than 86% of Healthcare companies in United States.

Growth Efficiency Ratio

—

Data incomplete

Asset Productivity Ratio

—

Data incomplete

Balance-sheet strength

Debt Due Cover Ratio

-64.1×

Operating cash was negative last year, while some debt falls due within a year.

Lower than 77% of Healthcare companies in United States.

Cash Cushion Ratio

+29%

Cash, after subtracting all debt, equals 29% of its market value (net cash).

Higher than 68% of Healthcare companies in United States.

Tangible Assets Ratio

—

Data incomplete

Tangible Net Worth Ratio

—

Data incomplete

Shareholders

Shareholder Slice Ratio

+213%

Share count rose 213% in 3 years, so each share's slice of the company became smaller.

Bigger rise in share count than 78% of Healthcare companies in United States.

Standard fundamentals

P/E, P/B, ROE, debt, growth and more (10)

Annexon, Inc. made a loss over the last year. Annexon, Inc. owes $0.24 for every $1 it owns. Annexon, Inc. made a loss in each of the last two years.

Compared with Healthcare companies in United States · latest annual results Dec 2025.

P/E ratio

Loss

Annexon, Inc. made a loss over the last year, so its P/E ratio is not meaningful.

P/B ratio

3.88

The share price is 3.88 times Annexon, Inc.'s book value per share, higher than 64% of Healthcare companies in United States.

Market cap

$722 M

The total market value of all of Annexon, Inc.'s shares at today's price (share price × number of shares), larger than 61% of Healthcare companies in United States. PosiCap size class: Mini Cap.

Net worth (book value)

$186 M

What Annexon, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).

Book value per share

$0.98

Net worth divided by the number of shares. The share price of $3.81 is 3.9 times this, which is the P/B above.

Return on equity (ROE)

-105.3%

Annexon, Inc. lost 105.3% of its shareholders' money over the last year, lower than 72% of Healthcare companies in United States.

Owes vs Owns

0.24×

Annexon, Inc. owes $0.24 for every $1 it owns (low), lower than 67% of Healthcare companies in United States.

Dividend yield

None

Annexon, Inc. does not currently pay a dividend.

Profit growth

Loss

Annexon, Inc. made a loss in each of the last two years.

Cash vs debt

Net cash

Annexon, Inc. held $212 M more cash than debt (net cash) at Dec 2025.

Questions

How is P/B calculated on PositoAI?

P/B is market cap divided by net worth from the latest balance sheet. For Annexon, Inc.: $722 M ÷ $186 M (30 Jun 2026) = 3.9.

What is Annexon, Inc.'s return on equity?

Annexon, Inc. lost 105.3% of its shareholders' money over the last year, lower than 72% of Healthcare companies in United States.

How much does Annexon, Inc. owe compared with what it owns?

Annexon, Inc. owes $0.24 for every $1 it owns (low), lower than 67% of Healthcare companies in United States.

Does Annexon, Inc. pay a dividend?

No. Annexon, Inc. does not currently pay a dividend.

Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.

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