Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Angiodynamics Inc.ANGO · healthcare
GradeSlothDfourth fifth of 371 graded peers; percentile 66.2, sampling error 2.5 points; lower is stronger
Rank246 of 371
ProfitabilityA/Bpercentile 22.4
SolvencyC/Dpercentile 58.4
Growth and financingD/Epercentile 80.3
Reliability0.87 AUCfailure model, filers with $120M to $591M assets; 95% interval 0.83 to 0.90; 206 events, 2020 to 2025
Peer failure rate1.03% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$120M to $591M assetstotal assets $267.2M[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: dilution, distress
Inputs computable7 of 14
Graded fromfilings received through Sep 29, 202610 days before the rescan; every figure keyed to the SEC receipt date
Last close$11.222026-10-08; market equity $471.9M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$10$15NovDecJanFebMarAprMayJunJulAugSepOctCC/DCD$11.23
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Aug 21, 2012nonen/aQ4
Aug 21, 2013E98.7Q4
Aug 21, 2014D69.3Q4
Jan 21, 2015C54.1Q4
Aug 21, 2015C/D59.0Q4
Mar 21, 2016C57.1Q4
Jul 21, 2016C/D58.6Q4
Aug 21, 2016C53.5Q4
Feb 21, 2017C/D58.0Q4
Aug 21, 2017B/C41.1Q4
Apr 21, 2018C44.1Q4
May 21, 2018B/C43.2Q4
Jun 21, 2018C44.5Q4
Aug 21, 2018B/C42.7Q4
Feb 21, 2019C44.8Q4
Mar 21, 2019B/C42.4Q4
Aug 21, 2019E89.2Q4
Aug 21, 2021E91.9Q3
Aug 21, 2022D/E80.7Q3
Mar 21, 2023E83.0Q3
Apr 21, 2023D/E79.6Q3
Aug 21, 2023D65.8Q3
Mar 21, 2024C/D61.5Q3
Apr 21, 2024C56.4Q3
Aug 21, 2024D73.4Q3
Jul 21, 2025C50.2Q3
May 21, 2026C/D57.4Q3
Jul 21, 2026C51.6Q3
Sep 30, 2026D65.7Q3

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Jul 14, 2026; the document on sec.gov.

AngioDynamics is a dynamic, diversified medical technology company committed to expanding treatment options and improving patient outcomes and quality of life by designing, manufacturing and selling products and technologies which aid clinicians in the treatment of patients with cardiovascular disease and cancer diagnoses. Our execution strategy is built on innovative R&D, clinical and regulatory pathway expansion and customer centric sales performance. AngioDynamics was founded in Queensbury, N.Y., U.S., in 1988 and began manufacturing and shipping product in the early 1990s. The Company is headquartered in Latham, N.Y., with manufacturing primarily out of the Queensbury facility.

Warnings [top]

Fortress balance sheet. cash minus debt is 76,056,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 22.4
Gross profitability65.5%[1,5]32.2%14.03722026-05-31
Return on invested capitalnot computable9.3%
latest aligned inputs end 2024-05-31; latest annual assets end 2026-05-31
Accruals ratio(14.6%)[1,6-8](6.6%)30.78112026-05-31
Gross margin stability, five years1.4 pts[2,5,9-16]2.8 pts22.32432026-05-31
Solvency, sleeve percentile 58.4
Twelve-month failure probabilitynot computable0.07%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime(2.65)[1,17-22](0.31)48.17562026-05-31
Net debt to EBITDAnot computable1.82x
EBITDA must exceed $100,000
Interest coveragenot computable(4.51x)
latest aligned inputs end 2024-05-31; latest annual assets end 2026-05-31
Current ratio2.19x[17-18]2.96x68.78392026-05-31
Growth and financing, sleeve percentile 80.3
Revenue growth, three-year compound(1.9%)[2,10,12,14]10.0%75.84152026-05-31
Free cash flow growth, three-year compoundnot computable10.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment ratenot computable37.1%
pretax income must exceed the validity floor and imply a 0%-100% tax rate
Asset growth, three years(20.5%)[1,8,23-24]2.1%84.87042026-05-31
Net share issuance, one yearnot computable2.5%
prior share count is 70 days earlier

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.077; sampling error 2.5 percentile points on 371 peers.

Among 371 Peers [top]

ABCDEJNJ, Johnson & Johnson; C, percentile 44.9; market equity $618.1BJNJLLY, ELI Lilly & Co.; C, percentile 55.7; market equity $1.1TLLYABBV, AbbVie Inc.; D, percentile 63.2; market equity $481.4BABBVGILD, Gilead Sciences, Inc.; D/E, percentile 78.9; market equity $182.4BGILDMRK, Merck & Co., Inc.; D/E, percentile 80.8; market equity $351.3BMRKAMGN, Amgen Inc.; E, percentile 85.1; market equity $220.3BAMGNANGO 66.2strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
241Organogenesis Holdings Inc. (ORGO)

Organogenesis Holdings Inc. (ORGO)

Dfourth fifth; percentile 64.9

Nasdaq · Pharmaceutical Preparations

market equity $164.7M; last close $1.27

Warnings: fortress balance sheet; 7 of 14 inputs

64.9Dfortress balance sheet
242Fulgent Genetics, Inc. (FLGT)

Fulgent Genetics, Inc. (FLGT)

Dfourth fifth; percentile 65.1

Nasdaq · Services-Medical Laboratories

market equity $572.9M; last close $20.87

Warnings: short runway; 8 of 14 inputs

65.1Dshort runway
243Entera Bio Ltd. (ENTX)

Entera Bio Ltd. (ENTX)

Dfourth fifth; percentile 65.4

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $432.9M; last close $2.51

Warnings: degenerate inputs; 7 of 14 inputs

65.4Ddegenerate inputs
244Dentsply Sirona Inc. (XRAY)

Dentsply Sirona Inc. (XRAY)

Dfourth fifth; percentile 65.7

Nasdaq · Dental Equipment & Supplies

market equity $1.7B; last close $8.68

No active warnings; 9 of 14 inputs

65.7D
245InspireMD, Inc. (NSPR)

InspireMD, Inc. (NSPR)

Dfourth fifth; percentile 65.9

Nasdaq · Surgical & Medical Instruments & Apparatus

market equity $22.3M; last close $0.47

Warnings: dilution, short runway, distress; 9 of 14 inputs

65.9Ddilution, short runway, distress
246Angiodynamics Inc. (ANGO)

Angiodynamics Inc. (ANGO)

Dfourth fifth; percentile 66.2

Nasdaq · Surgical & Medical Instruments & Apparatus

market equity $472.3M; last close $11.22

Warnings: fortress balance sheet; 7 of 14 inputs

66.2Dfortress balance sheet
247AIM ImmunoTech Inc. (AIM)

AIM ImmunoTech Inc. (AIM)

Dfourth fifth; percentile 66.5

NYSE · Biological Products, (No Diagnostic Substances)

market equity $5.5M; last close $0.18

Warnings: late filer, degenerate inputs, distress; 8 of 14 inputs

66.5Dlate filer, degenerate inputs, distress
248Exagen Inc. (XGN)

Exagen Inc. (XGN)

Dfourth fifth; percentile 66.8

Nasdaq · Services-Medical Laboratories

market equity $197.9M; last close $8.15

Warnings: dilution, fortress balance sheet; 8 of 14 inputs

66.8Ddilution, fortress balance sheet
249PTC Therapeutics, Inc. (PTCT)

PTC Therapeutics, Inc. (PTCT)

Dfourth fifth; percentile 67.0

Nasdaq · Pharmaceutical Preparations

market equity $5.2B; last close $62.55

No active warnings; 8 of 14 inputs

67.0D
250Cardiff Oncology, Inc. (CRDF)

Cardiff Oncology, Inc. (CRDF)

Dfourth fifth; percentile 67.3

Nasdaq · Biological Products, (No Diagnostic Substances)

market equity $82.5M; last close $1.07

Warnings: short runway, fortress balance sheet; 7 of 14 inputs

67.3Dshort runway, fortress balance sheet
251Amylyx Pharmaceuticals, Inc. (AMLX)

Amylyx Pharmaceuticals, Inc. (AMLX)

Dfourth fifth; percentile 67.6

Nasdaq · Pharmaceutical Preparations

market equity $3.0B; last close $27.22

Warnings: short runway, degenerate inputs; 7 of 14 inputs

67.6Dshort runway, degenerate inputs
Peer policyLetterPercentilePeers
all graded filers, equal sleevesC/D59.82204
sector peers, equal sleeves (the grade)D66.2371
same exchange, equal sleevesC/D61.11219
sector peers, equal inputsC54.3371

Each letter is one fifth of the 371 graded peers, about 74 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month44.4%8.0%73hotter than 73 of 100 peers
Distance from 52-week high(30.4%)(31.4%)51closer to its high than 51 of 100 peers
EBIT to enterprise value(9.1%)(1.5%)33pricier than 67 of 100 peers
Free cash flow yield0.1%(1.0%)55pricier than 45 of 100 peers
Book value to price0.350.2857pricier than 43 of 100 peers
Sales to price0.680.3176pricier than 24 of 100 peers
Composite equity issuance, five years9.0%20.3%38more equity-funded than 38 of 100 peers
Relative strength against the sector, log excess return0.16(0.14)73ahead of 73 of 100 peers

Inputs: market equity $472.3M; EBIT -$39.9M; free cash flow $508,000; book equity $164.0M; sales $320.2M; debt $0; cash $34.0M[25].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: None of 9, period end 2026-05-31
Return on assets above zero(13.1%)✗ fail[6,8]
Operating cash flow above zero$3.1M✓ pass[7]
Return on assets improved(2.4 pts)✗ fail[6,8,23,26]
Operating cash flow exceeds net income$39.8M✓ pass[6-7]
Long-term leverage felln/a[1,8,23]
Current ratio improved(2.2 pts)✗ fail[17-18,27-28]
No new shares issuedn/a[29-30]
Gross margin improved0.7 pts✓ pass[2,5,9-10]
Asset turnover improved22.2 pts✓ pass[2,8,10,23]
Cash, filings, liquidity
Cash and equivalents$34.0M[31]
Operating cash flow, four quarters$3.7M[7,31-35]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing1
10-Q received Oct 8, 2026
Median daily dollar volume$6.9M
63 sessions
Days since newest grade input10

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$267.2M2026-05-312026-07-1410-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$320.2M2026-05-312026-07-1410-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$76.1M2024-05-312025-07-1810-Kfiling · viewer · series
4total debtus-gaap:LongTermDebt$02024-05-312024-07-2510-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$174.9M2026-05-312026-07-1410-Kfiling · viewer · series
6net incomeus-gaap:NetIncomeLoss-$36.7M2026-05-312026-09-2910-K/Afiling · viewer · series
7operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$3.1M2026-05-312026-07-1410-Kfiling · viewer · series
8assetsus-gaap:Assets$280.1M2025-05-312026-07-1410-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$157.7M2025-05-312026-07-1410-Kfiling · viewer · series
10revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$292.5M2025-05-312026-07-1410-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$154.7M2024-05-312026-07-1410-Kfiling · viewer · series
12revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$303.9M2024-05-312026-07-1410-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$174.2M2023-05-312025-07-1810-Kfiling · viewer · series
14revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$338.8M2023-05-312025-07-1810-Kfiling · viewer · series
15gross profitus-gaap:GrossProfit$165.7M2022-05-312024-07-2510-Kfiling · viewer · series
16revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$316.2M2022-05-312024-07-2510-Kfiling · viewer · series
17current assetsus-gaap:AssetsCurrent$163.4M2026-05-312026-07-1410-Kfiling · viewer · series
18current liabilitiesus-gaap:LiabilitiesCurrent$74.7M2026-05-312026-07-1410-Kfiling · viewer · series
19retained earningsus-gaap:RetainedEarningsAccumulatedDeficit-$465.9M2026-05-312026-07-1410-Kfiling · viewer · series
20operating incomeus-gaap:OperatingIncomeLoss-$39.9M2026-05-312026-07-1410-Kfiling · viewer · series
21book equityus-gaap:StockholdersEquity$170.8M2026-05-312026-07-1410-Kfiling · viewer · series
22liabilitiesus-gaap:Liabilities$96.3M2026-05-312026-07-1410-Kfiling · viewer · series
23assetsus-gaap:Assets$317.7M2024-05-312025-07-1810-Kfiling · viewer · series
24assetsus-gaap:Assets$532.6M2023-05-312024-07-2510-Kfiling · viewer · series
25shares outstandingdei:EntityCommonStockSharesOutstanding42,054,4502026-10-072026-10-0810-Qfiling · viewer · series
26net incomeus-gaap:NetIncomeLoss-$34.0M2025-05-312026-09-2910-K/Afiling · viewer · series
27current assetsus-gaap:AssetsCurrent$168.3M2025-05-312026-07-1410-Kfiling · viewer · series
28current liabilitiesus-gaap:LiabilitiesCurrent$76.2M2025-05-312026-07-1410-Kfiling · viewer · series
29shares outstandingdei:EntityCommonStockSharesOutstanding42,054,4502026-09-182026-09-2910-K/Afiling · viewer · series
30shares outstandingdei:EntityCommonStockSharesOutstanding41,332,3892026-07-102026-07-1410-Kfiling · viewer · series
31cashus-gaap:CashAndCashEquivalentsAtCarryingValue$34.0M2026-08-312026-10-0810-Qfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$15.3M2026-08-312026-10-0810-Qfiling · viewer · series
33operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$14.4M2026-02-282026-04-0210-Qfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$11.3M2025-11-302026-01-0610-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$15.9M2025-08-312026-10-0810-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 66.2 is 6.2 points from the nearest band edge; sampling error is 2.5 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.