Innodata Balance Sheet Health
Financial Health criteria checks 6/6
Innodata has a total shareholder equity of $25.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $59.4M and $34.4M respectively. Innodata's EBIT is $318.0K making its interest coverage ratio 1.8. It has cash and short-term investments of $13.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 1.8x |
Cash | US$13.82m |
Equity | US$25.00m |
Total liabilities | US$34.44m |
Total assets | US$59.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ID6's short term assets ($32.1M) exceed its short term liabilities ($22.9M).
Long Term Liabilities: ID6's short term assets ($32.1M) exceed its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: ID6 is debt free.
Reducing Debt: ID6 has not had any debt for 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 ID6 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ID6 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.4% per year.