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
Here's Why Invesque (TSE:IVQ) Is Weighed Down By Its Debt Load
Aug 17
These 4 Measures Indicate That Invesque (TSE:IVQ) Is Using Debt In A Risky Way
May 03Is Invesque (TSE:IVQ) Using Too Much Debt?
Jul 18Does Invesque (TSE:IVQ) Have A Healthy Balance Sheet?
Mar 17Here's Why Invesque (TSE:IVQ) Is Weighed Down By Its Debt Load
Aug 05Recent updates
Calculating The Fair Value Of Invesque Inc. (TSE:IVQ)
Oct 30Here's Why Invesque (TSE:IVQ) Is Weighed Down By Its Debt Load
Aug 17These 4 Measures Indicate That Invesque (TSE:IVQ) Is Using Debt In A Risky Way
May 03Invesque Inc.'s (TSE:IVQ) Share Price Boosted 55% But Its Business Prospects Need A Lift Too
Feb 23Invesque Inc.'s (TSE:IVQ) Shares Bounce 55% But Its Business Still Trails The Industry
Feb 23It's Down 25% But Invesque Inc. (TSE:IVQ) Could Be Riskier Than It Looks
Aug 29Is Invesque (TSE:IVQ) Using Too Much Debt?
Jul 18Does Invesque (TSE:IVQ) Have A Healthy Balance Sheet?
Mar 17Should You Investigate Invesque Inc. (TSE:IVQ) At CA$2.60?
Jan 01Estimating The Intrinsic Value Of Invesque Inc. (TSE:IVQ)
Dec 06Here's Why Invesque (TSE:IVQ) Is Weighed Down By Its Debt Load
Aug 05An Intrinsic Calculation For Invesque Inc. (TSE:IVQ) Suggests It's 48% Undervalued
Mar 09What Kind Of Shareholders Hold The Majority In Invesque Inc.'s (TSE:IVQ) Shares?
Feb 10
Invesque (TSE:IVQ) Share Prices Have Dropped 73% In The Last Year
Jan 06Financial Position Analysis
Short Term Liabilities: IVQ's short term assets ($421.9M) do not cover its short term liabilities ($446.2M).
Long Term Liabilities: IVQ's short term assets ($421.9M) exceed its long term liabilities ($149.5M).
Debt to Equity History and Analysis
Debt Level: IVQ's net debt to equity ratio (395.5%) is considered high.
Reducing Debt: IVQ'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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IVQ 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.