Inovest B.S.C Balance Sheet Health
Financial Health criteria checks 4/6
Inovest B.S.C has a total shareholder equity of $174.2M and total debt of $43.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are $242.7M and $68.5M respectively. Inovest B.S.C's EBIT is $3.3M making its interest coverage ratio 22.9. It has cash and short-term investments of $18.0M.
Key information
0.02%
Debt to equity ratio
US$43.00k
Debt
Interest coverage ratio | 22.9x |
Cash | US$17.96m |
Equity | US$174.18m |
Total liabilities | US$68.52m |
Total assets | US$242.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INOVEST's short term assets ($44.2M) exceed its short term liabilities ($16.4M).
Long Term Liabilities: INOVEST's short term assets ($44.2M) do not cover its long term liabilities ($52.1M).
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 5.6% to 0.02% over the past 5 years.
Debt Coverage: INOVEST's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: INOVEST's interest payments on its debt are well covered by EBIT (22.9x coverage).