INOVIQ Balance Sheet Health
Financial Health criteria checks 6/6
INOVIQ has a total shareholder equity of A$20.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.7M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.23m |
| Equity | AU$19.99m |
| Total liabilities | AU$1.72m |
| Total assets | AU$21.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGQ0's short term assets (A$10.9M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: EGQ0's short term assets (A$10.9M) exceed its long term liabilities (A$184.6K).
Debt to Equity History and Analysis
Debt Level: EGQ0 is debt free.
Reducing Debt: EGQ0 had no debt 5 years ago.
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: EGQ0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EGQ0 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 20.9% each year.