Innovax Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Innovax Holdings has a total shareholder equity of HK$187.6M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$296.4M and HK$108.8M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | n/a |
| Cash | HK$137.82m |
| Equity | HK$187.60m |
| Total liabilities | HK$108.85m |
| Total assets | HK$296.45m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2680's short term assets (HK$288.1M) exceed its short term liabilities (HK$108.1M).
Long Term Liabilities: 2680's short term assets (HK$288.1M) exceed its long term liabilities (HK$735.0K).
Debt to Equity History and Analysis
Debt Level: 2680 is debt free.
Reducing Debt: 2680 had no debt 5 years ago.
Debt Coverage: 2680 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2680 has no debt, therefore coverage of interest payments is not a concern.