Innovax Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Innovax Holdings has a total shareholder equity of HK$218.1M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$320.5M and HK$102.4M respectively.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | n/a |
Cash | HK$174.50m |
Equity | HK$218.06m |
Total liabilities | HK$102.40m |
Total assets | HK$320.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2680's short term assets (HK$313.3M) exceed its short term liabilities (HK$102.4M).
Long Term Liabilities: 2680 has no long term liabilities.
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.