Invesque Balance Sheet Health
Financial Health criteria checks 2/6
Invesque has a total shareholder equity of $122.4M and total debt of $574.7M, which brings its debt-to-equity ratio to 469.7%. Its total assets and total liabilities are $730.4M and $608.0M respectively. Invesque's EBIT is $30.5M making its interest coverage ratio 0.6. It has cash and short-term investments of $13.1M.
Key information
469.7%
Debt to equity ratio
US$574.69m
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$13.07m |
| Equity | US$122.36m |
| Total liabilities | US$607.99m |
| Total assets | US$730.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVQ.U's short term assets ($153.3M) do not cover its short term liabilities ($199.1M).
Long Term Liabilities: IVQ.U's short term assets ($153.3M) do not cover its long term liabilities ($408.9M).
Debt to Equity History and Analysis
Debt Level: IVQ.U's net debt to equity ratio (459%) is considered high.
Reducing Debt: IVQ.U's debt to equity ratio has increased from 145.4% to 469.7% 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 IVQ.U has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IVQ.U is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 21.3% per year.