Jaguar Health, Inc. (JAGX) Key Metrics

NASDAQ: JAGXValuation, returns, debt and efficiency ratios over 10 years.

JAGX valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$6.9M
Enterprise value
$19.1M
P/E (TTM)
—
Forward P/E
200.0
PEG ratio
—
Price / sales
0.2
Price / book
0.7
EV / EBITDA
—
Dividend yield
—
Beta
−0.10

JAGX key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

JAGX returns How much profit the business earns on the capital it uses.

Return on invested capital−48.3 pts
−116.5%
2025 · hover or tap a bar for each year
2016: −684.4% (−314.0 pts)2017: −160.9% (+523.5 pts)2018: −93.6% (+67.3 pts)2019: −136.0% (−42.4 pts)2020: −105.1% (+30.9 pts)2021: −130.6% (−25.5 pts)2022: −103.3% (+27.3 pts)2023: −84.3% (+19.0 pts)2024: −68.2% (+16.0 pts)2025: −116.5% (−48.3 pts)
20162025
Return on assets−42.6 pts
−116.5%
2025 · hover or tap a bar for each year
2016: −184.5% (−53.2 pts)2017: −93.1% (+91.4 pts)2018: −75.9% (+17.2 pts)2019: −99.5% (−23.6 pts)2020: −85.3% (+14.2 pts)2021: −109.4% (−24.1 pts)2022: −94.2% (+15.2 pts)2023: −84.1% (+10.1 pts)2024: −73.9% (+10.2 pts)2025: −116.5% (−42.6 pts)
20162025
Free cash flow margin+303.5 pts
50.2%
2025 · hover or tap a bar for each year
2017: −225.3%2018: −514.9% (−289.6 pts)2019: −354.2% (+160.6 pts)2020: −162.9% (+191.4 pts)2021: −806.8% (−644.0 pts)2022: −290.9% (+515.9 pts)2023: −340.6% (−49.7 pts)2024: −253.4% (+87.2 pts)2025: 50.2% (+303.5 pts)
20162025
Asset turnover+11.8%
0.25
2025 · hover or tap a bar for each year
2016: 0.02 (−14.9%)2017: 0.18 (+942.7%)2018: 0.10 (−43.6%)2019: 0.15 (+43.0%)2020: 0.24 (+58.8%)2021: 0.09 (−61.9%)2022: 0.24 (+163.2%)2023: 0.20 (−16.3%)2024: 0.22 (+12.9%)2025: 0.25 (+11.8%)
20162025

JAGX returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

JAGX debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

JAGX cash returned to shareholders

DividendsBuybacksFree cash flow

JAGX key metrics

2016–2025
Jaguar Health, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Share price at fiscal year-end$488.88$13,256.25$119,227.50$998,156.25$998,156.25$992,250.00$992,250.00$1,240,312.50$186,046,874,981,395,328.00$186,046,874,981,395,328.00
Returns & profitability
Return on equity (ROE)—−628.6%——−365.1%−242.6%−480.1%−283.9%−296.7%—
Return on invested capital (ROIC)−116.5%−68.2%−84.3%−103.3%−130.6%−105.1%−136.0%−93.6%−160.9%−684.4%
Return on assets (ROA)−116.5%−73.9%−84.1%−94.2%−109.4%−85.3%−99.5%−75.9%−93.1%−184.5%
Return on tangible assets−239.6%−110.1%−134.8%−189.7%−171.8%−182.7%−371.1%−344.5%−437.5%−413.5%
Free cash flow margin50.2%−253.4%−340.6%−290.9%−806.8%−162.9%−354.2%−514.9%−225.3%—
Financial health
Total debt$43.6M$36.5M$37.1M$34.8M$29.4M$16.2M$7.6M$16.1M$16.4M$3.9M
Cash & short-term investments$968,000$8.0M$6.5M$5.5M$17.1M$8.1M$3.5M$2.6M$520,698$950,979
Net debt$42.6M$28.5M$30.6M$29.4M$12.3M$8.1M$4.1M$13.5M$15.9M$2.9M
Debt / equity—5.017.48—2.530.940.712.990.95—
Debt / assets1.140.680.730.730.550.380.210.390.381.09
Current ratio0.501.632.000.741.841.350.620.310.250.61
Quick ratio0.291.111.340.501.521.140.480.180.110.51
Interest coverage-673.3-133.5-5.4-2.7-4.8-9.5-5.1-11.7-28.3-13.8
Working capital−$20.3M$12.5M$14.0M−$8.0M$13.0M$4.6M−$5.9M−$18.5M−$11.6M−$1.6M
Invested capital$25.4M$35.8M$35.6M$28.7M$23.9M$25.3M$14.7M$18.9M$33.1M$482,037
Tangible asset value−$34.7M−$12.0M−$15.2M−$23.8M−$10.8M−$7.1M−$15.4M−$26.3M−$21.3M−$2.5M
Net current asset value−$36.7M−$14.7M−$17.9M−$26.5M−$13.0M−$7.8M−$16.2M−$27.5M−$22.6M−$3.5M
Capital allocation
Dividends paid—————$33,000—$12.2M$0$0
Share buybacks (net)$31.1M————$0$0$30$0$0
Dividends + buybacks / free cash flow538.1%—————————
Capex / revenue0.2%2.0%0.0%14.0%0.1%0.1%0.1%0.1%0.1%73.6%
Capex / operating cash flow0.4%—————————
Capex / depreciation0.010.100.000.730.000.000.000.000.012.19
Stock-based compensation / revenue−7.0%14.0%21.6%27.8%91.7%30.1%51.8%45.8%18.7%507.3%
R&D / revenue216.9%141.5%190.5%147.6%347.8%68.3%100.8%116.7%97.9%5,092.4%
SG&A / revenue226.1%205.5%236.1%223.4%599.7%223.7%353.9%500.6%328.6%4,570.8%
Efficiency
Days sales outstanding53.059.887.070.4282.2121.685.260.832.4469.0
Days of inventory on hand916.11,823.51,452.61,077.8600.9273.2261.7357.3515.22,256.8
Days payables outstanding675.6957.8966.0970.5757.8562.6514.9842.61,631.83,833.1
Cash conversion cycle (days)293.5925.5573.5177.7125.3-167.7-168.0-424.5-1,084.2-1,107.3
Receivables turnover6.886.104.205.191.293.004.286.0011.270.78
Payables turnover0.540.380.380.380.480.650.710.430.220.10
Inventory turnover0.400.200.250.340.611.341.391.020.710.16
Asset turnover0.250.220.200.240.090.240.150.100.180.02
Average receivables$1.7M$1.9M$2.3M$2.3M$3.4M$3.1M$1.3M$735,420$386,824$181,838
Average payables$7.0M$5.1M$5.4M$5.4M$4.8M$5.1M$5.4M$6.4M$3.9M$545,731
Average inventory$9.5M$9.8M$8.1M$6.0M$3.8M$2.5M$2.7M$2.7M$1.2M$321,312
Intangibles / total assets41.8%34.6%39.6%47.3%42.5%56.8%71.5%77.3%88.5%0.0%

Computed from JAGX's annual financial statements (latest annual report filed April 7, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

JAGX valuation and financial ratios

Jaguar Health earned a return on invested capital of −116.5% in fiscal 2025. It ended the year with $43.6 million of debt and $1.0 million in cash and short-term investments, net debt of $42.6 million. It returned $31.1 million to shareholders: $0 in dividends and $31.1 million in share buybacks, 538% of free cash flow.

See the JAGX income statement, the JAGX chart for price history, or the JAGX stock overview for the latest quote and news.

JAGX key metrics FAQ

What is Jaguar Health's ROIC?

Jaguar Health's return on invested capital was −116.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Jaguar Health have?

Jaguar Health had total debt of $43.6 million at the end of fiscal 2025.

Does Jaguar Health buy back its shares?

Yes. Jaguar Health spent $31.1 million on net share repurchases in fiscal 2025.

What is Jaguar Health's current ratio?

Jaguar Health's current ratio was 0.50 at the end of fiscal 2025: current assets were 0.50 times current liabilities.

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