What Do Scilex Holding Company's Financial Risk Indicators Show?

Indicator (fiscal 2025)Scilex Holding CompanyPeer median (same SIC code)What it measures
Liabilities to assets158%31%How much of the balance sheet is funded by obligations rather than equity.
Current ratio0.1x5.3xShort-term assets per dollar of obligations due within a year.
Interest coverage-30.2x-8.3xOperating income per dollar of interest expense.
Long-term debt to operating cash flown/a2.5xYears of operating cash flow it would take to repay long-term debt.
Net debtNot reportedn/aLong-term debt minus cash; negative means more cash than long-term debt.

The peer median uses 86 other companies in Swoopr's S&P 500 Equal Weight set that share the same SEC SIC code. A reading worse than the peer median is a prompt to read the filing, not a conclusion.

Bar chart of Scilex Holding Company balance sheet at the end of fiscal 2025: total assets $365 million, total liabilities $577 million, shareholders' equity negative $208 million, cash and equivalents $5 million.
Scilex Holding Company balance sheet items at the end of fiscal 2025, from the figures in the table above. Long-term debt is highlighted. Select the chart to open it full size.

Where Are Scilex Holding Company's Official Risk Factors?

The risks Scilex Holding Company considers material are disclosed in Item 1A of its Form 10-K, most recently filed April 10, 2026. Read them with three questions in mind: which risks are specific to this company rather than generic, which have changed since the prior year's filing, and which connect to the figures above (a refinancing risk matters more when interest coverage is thin).

Where These Numbers Come From

Every figure on this page is a value Scilex Holding Company reported in its own SEC filings, read from the SEC's XBRL data (accession 0001193125-26-151455 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.

Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.

Frequently Asked Questions

Is Scilex Holding Company highly leveraged?

At the end of fiscal 2025, Scilex Holding Company's total liabilities were 158% of total assets, against a peer median of 31%. Leverage that is normal for one industry (banks, utilities) can be high for another.

Where are Scilex Holding Company's official risk factors?

In Item 1A, Risk Factors, of its annual report on Form 10-K, most recently filed with the SEC on April 10, 2026. The company lists the risks it considers material there; the measures on this page only quantify the financial side.

Can Scilex Holding Company pay its interest?

In fiscal 2025, operating income covered interest expense -30.2x. Coverage below about 3x leaves little room if earnings fall.

References

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