Invesque Balance Sheet Health
Financial Health criteria checks 3/6
Invesque has a total shareholder equity of $115.4M and total debt of $471.9M, which brings its debt-to-equity ratio to 408.8%. Its total assets and total liabilities are $711.1M and $595.7M respectively. Invesque's EBIT is $34.9M making its interest coverage ratio 0.7. It has cash and short-term investments of $15.3M.
Key information
408.8%
Debt to equity ratio
US$471.87m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$15.32m |
| Equity | US$115.43m |
| Total liabilities | US$595.67m |
| Total assets | US$711.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IVQ.U's short term assets ($421.9M) do not cover its short term liabilities ($446.2M).
Long Term Liabilities: IVQ.U's short term assets ($421.9M) exceed its long term liabilities ($149.5M).
Debt to Equity History and Analysis
Debt Level: IVQ.U's net debt to equity ratio (395.5%) is considered high.
Reducing Debt: IVQ.U's debt to equity ratio has increased from 208.9% to 408.8% 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 22.9% per year.