Invesque Balance Sheet Health
Financial Health criteria checks 2/6
Invesque has a total shareholder equity of $147.1M and total debt of $647.5M, which brings its debt-to-equity ratio to 440.2%. Its total assets and total liabilities are $828.3M and $681.2M respectively. Invesque's EBIT is $30.3M making its interest coverage ratio 0.5. It has cash and short-term investments of $11.8M.
Key information
440.2%
Debt to equity ratio
US$647.52m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$11.77m |
| Equity | US$147.10m |
| Total liabilities | US$681.18m |
| Total assets | US$828.28m |
Recent financial health updates
These 4 Measures Indicate That Invesque (TSE:IVQ) Is Using Debt In A Risky Way
May 03
Is 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
These 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 ($46.9M) do not cover its short term liabilities ($308.4M).
Long Term Liabilities: IVQ's short term assets ($46.9M) do not cover its long term liabilities ($372.8M).
Debt to Equity History and Analysis
Debt Level: IVQ's net debt to equity ratio (432.2%) is considered high.
Reducing Debt: IVQ's debt to equity ratio has increased from 147.4% to 440.2% 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 19.5% per year.