Quality Investor

SOLENO THERAPEUTICS INC

Rank #219Hypergrowth

SLNO

SOLENO THERAPEUTICS INC (SLNO) — Rank #219 by gross profitability (GP/assets 0.31) · ROE 4.2% · Piotroski F-Score N/A.

As-of 2026-09-15 · CIK 0001484565 · all metrics point-in-time as of the filing date.

About

State
DE
Filer Category
Large accelerated filer
Fiscal Year End
December 31

Signal Flags

2 yellow
Dilution above 2%Annual share count increase exceeds 2%. May be acceptable for high-growth companies funding talent via stock compensation
Disclosure regressionA previously-disclosed line item is no longer reported — worth checking the filing for why

Quality Profile

Profitability

1/1 pass
GP / assets
0.31
Return on equity
4.2%
Gross margin trend
PASS

Safety

1/1 pass
Balance-sheet safety
PASS
Debt / equity
0.23
Current ratio
5.62×
Net cash
$479.11M

Cash Flow

3/3 pass
Positive FCF
PASS
Cash-backed earnings
PASS
Accruals healthy
PASS
SBC / revenue
24.1%

Growth

1/2 pass
Revenue growth
31243.8%
Piotroski F-Score
N/A
Share dilution
273.7%

Terry Smith quality gate

Passes 2/5 Terry Smith thresholds

1 of 5 threshold not computable from filed data.

Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.

Profitability

Gross profitability (GP / assets)

0.31

Primary signal (Novy-Marx).

5th of 9 SIC 2834 peers

Return on equity

4.2%

Gross margin

98.6%

1st of 9 SIC 2834 peers

Revenue growth (YoY)

31243.8%

Gross margin improving

Margin trend vs prior year.

PASS

Operating Leverage

2013201420152016
Revenue vs COGS
Revenue vs OpEx
Op. Income vs Revenue

Anti-fragile safety

Balance-sheet safety

Composite anti-fragile check.

PASS

Debt / equity

0.23

1st of 9 SIC 2834 peers (best = lowest)

Current ratio

5.62×

1st of 9 SIC 2834 peers

Quick ratio

5.22×

Net cash

$479.11M

Cash & equivalents minus total debt.

Cash-flow health

Free cash flow

$46.73M

Operating cash flow minus capex.

Positive free cash flow

PASS

FCF / net income

1.24

Cash-backing of earnings.

FCF/NI divergence

Unfavorable divergence (yellow flag).

PASS

Accruals healthy

Cash-backed earnings.

PASS

SBC / revenue

24.1%

Stock-based comp intensity.

Piotroski F-Score

F-Score

N/A

Only 8/9 components determinable.

Lifecycle Phase History

20132016
Startup
Hypergrowth