Inovest B.S.C Balance Sheet Health
Financial Health criteria checks 3/6
Inovest B.S.C has a total shareholder equity of $163.0M and total debt of $268.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $230.4M and $79.0M respectively.
Key information
0.2%
Debt to equity ratio
US$268.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.41m |
| Equity | US$163.00m |
| Total liabilities | US$78.98m |
| Total assets | US$230.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INOVEST's short term assets ($31.5M) exceed its short term liabilities ($11.6M).
Long Term Liabilities: INOVEST's short term assets ($31.5M) do not cover its long term liabilities ($67.4M).
Debt to Equity History and Analysis
Debt Level: INOVEST has more cash than its total debt.
Reducing Debt: INOVEST's debt to equity ratio has reduced from 3.9% to 0.2% over the 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: Insufficient data to determine if INOVEST has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INOVEST has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.