Indiva Balance Sheet Health
Financial Health criteria checks 1/6
Indiva has a total shareholder equity of CA$-1.3M and total debt of CA$21.7M, which brings its debt-to-equity ratio to -1692.6%. Its total assets and total liabilities are CA$37.8M and CA$39.1M respectively.
Key information
-1,692.6%
Debt to equity ratio
CA$21.69m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.98m |
| Equity | -CA$1.28m |
| Total liabilities | CA$39.10m |
| Total assets | CA$37.81m |
Recent financial health updates
Is Indiva (CVE:NDVA) Using Debt In A Risky Way?
Sep 17
Is 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's (CVE:NDVA) Subdued P/S Might Signal An Opportunity
May 28Indiva 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 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NDVA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NDVA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NDVA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NDVA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NDVA has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.6% each year.