INOVIQ Balance Sheet Health
Financial Health criteria checks 5/6
INOVIQ has a total shareholder equity of A$16.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$18.4M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$5.97m |
Equity | AU$16.74m |
Total liabilities | AU$1.66m |
Total assets | AU$18.41m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IIQ's short term assets (A$6.9M) exceed its short term liabilities (A$1.4M).
Long Term Liabilities: IIQ's short term assets (A$6.9M) exceed its long term liabilities (A$258.3K).
Debt to Equity History and Analysis
Debt Level: IIQ is debt free.
Reducing Debt: IIQ had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IIQ has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: IIQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25% each year