Invion Balance Sheet Health
Financial Health criteria checks 6/6
Invion has a total shareholder equity of A$17.9M 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$497.3K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.94m |
Equity | AU$17.86m |
Total liabilities | AU$497.33k |
Total assets | AU$18.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVX's short term assets (A$4.6M) exceed its short term liabilities (A$497.3K).
Long Term Liabilities: IVX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IVX is debt free.
Reducing Debt: IVX has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
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: IVX has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IVX is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.