Innoviva Balance Sheet Health
Financial Health criteria checks 6/6
Innoviva has a total shareholder equity of $668.5M and total debt of $518.9M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are $1.2B and $563.1M respectively. Innoviva's EBIT is $181.3M making its interest coverage ratio 34.5. It has cash and short-term investments of $260.6M.
Key information
77.6%
Debt to equity ratio
US$518.87m
Debt
| Interest coverage ratio | 34.5x |
| Cash | US$260.63m |
| Equity | US$668.54m |
| Total liabilities | US$563.07m |
| Total assets | US$1.23b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HVE's short term assets ($400.6M) exceed its short term liabilities ($223.8M).
Long Term Liabilities: HVE's short term assets ($400.6M) exceed its long term liabilities ($339.3M).
Debt to Equity History and Analysis
Debt Level: HVE's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: HVE's debt to equity ratio has reduced from 137% to 77.6% over the past 5 years.
Debt Coverage: HVE's debt is well covered by operating cash flow (31.4%).
Interest Coverage: HVE's interest payments on its debt are well covered by EBIT (34.5x coverage).