Indiva Balance Sheet Health
Financial Health criteria checks 2/6
Indiva has a total shareholder equity of CA$371.1K and total debt of CA$21.4M, which brings its debt-to-equity ratio to 5776.7%. Its total assets and total liabilities are CA$38.1M and CA$37.7M respectively.
Key information
5,776.7%
Debt to equity ratio
CA$21.44m
Debt
Interest coverage ratio | n/a |
Cash | CA$3.91m |
Equity | CA$371.13k |
Total liabilities | CA$37.72m |
Total assets | CA$38.09m |
Recent financial health updates
Is Indiva (CVE:NDVA) Using Debt In A Risky Way?
Sep 17Is Indiva (CVE:NDVA) A Risky Investment?
Apr 19Is Indiva (CVE:NDVA) Using Too Much Debt?
Feb 26Would Indiva (CVE:NDVA) Be Better Off With Less Debt?
Sep 04Would Indiva (CVE:NDVA) Be Better Off With Less Debt?
Nov 30Recent updates
Indiva Limited (CVE:NDVA) Stock Catapults 33% Though Its Price And Business Still Lag The Industry
Sep 29Is Indiva (CVE:NDVA) Using Debt In A Risky Way?
Sep 17Is Indiva (CVE:NDVA) A Risky Investment?
Apr 19Is Indiva (CVE:NDVA) Using Too Much Debt?
Feb 26Would Indiva (CVE:NDVA) Be Better Off With Less Debt?
Sep 04Would Indiva (CVE:NDVA) Be Better Off With Less Debt?
Nov 30Financial Position Analysis
Short Term Liabilities: NDVA's short term assets (CA$13.1M) do not cover its short term liabilities (CA$15.3M).
Long Term Liabilities: NDVA's short term assets (CA$13.1M) do not cover its long term liabilities (CA$22.4M).
Debt to Equity History and Analysis
Debt Level: NDVA's net debt to equity ratio (4721.8%) is considered high.
Reducing Debt: NDVA's debt to equity ratio has increased from 13.3% to 5776.7% over the past 5 years.
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: Whilst unprofitable NDVA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NDVA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.6% per year.