Innovative Solutions and Support Balance Sheet Health
Financial Health criteria checks 5/6
Innovative Solutions and Support has a total shareholder equity of $41.4M and total debt of $10.6M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are $57.6M and $16.2M respectively. Innovative Solutions and Support's EBIT is $8.8M making its interest coverage ratio 16.4. It has cash and short-term investments of $574.1K.
Key information
25.7%
Debt to equity ratio
US$10.64m
Debt
| Interest coverage ratio | 16.4x |
| Cash | US$574.08k |
| Equity | US$41.38m |
| Total liabilities | US$16.25m |
| Total assets | US$57.62m |
Recent financial health updates
Recent updates
With EPS Growth And More, Innovative Solutions and Support (NASDAQ:ISSC) Makes An Interesting Case
Apr 11
Why Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Could Be Worth Watching
Jun 17Estimating The Fair Value Of Innovative Solutions and Support, Inc. (NASDAQ:ISSC)
Sep 07Innovative Solutions and Support (NASDAQ:ISSC) Could Become A Multi-Bagger
Aug 15Here's Why Innovative Solutions and Support (NASDAQ:ISSC) Has Caught The Eye Of Investors
Jul 15Innovative Solutions & Support CFO Relland Winand to retire
Jul 12Innovative Solutions and Support (NASDAQ:ISSC) Knows How To Allocate Capital Effectively
May 16Here's Why I Think Innovative Solutions and Support (NASDAQ:ISSC) Might Deserve Your Attention Today
Mar 22Do Innovative Solutions and Support's (NASDAQ:ISSC) Earnings Warrant Your Attention?
Dec 16Should You Be Adding Innovative Solutions and Support (NASDAQ:ISSC) To Your Watchlist Today?
Sep 10Should You Be Adding Innovative Solutions and Support (NASDAQ:ISSC) To Your Watchlist Today?
May 24Investors Will Want Innovative Solutions and Support's (NASDAQ:ISSC) Growth In ROCE To Persist
May 05Innovative Solutions and Support (NASDAQ:ISSC) Has Gifted Shareholders With A Fantastic 162% Total Return On Their Investment
Mar 12Don't Ignore The Fact That This Insider Just Sold Some Shares In Innovative Solutions and Support, Inc. (NASDAQ:ISSC)
Feb 23Are Innovative Solutions and Support's (NASDAQ:ISSC) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 16
How Should Investors React To Innovative Solutions and Support's (NASDAQ:ISSC) CEO Pay?
Feb 03What Can The Trends At Innovative Solutions and Support (NASDAQ:ISSC) Tell Us About Their Returns?
Jan 21Is Weakness In Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Jan 04The Independent Director of Innovative Solutions and Support, Inc. (NASDAQ:ISSC), Roger Carolin, Just Sold 53% Of Their Holding
Dec 18What Is The Ownership Structure Like For Innovative Solutions and Support, Inc. (NASDAQ:ISSC)?
Dec 14Innovative Solutions and Support declares $0.50 dividend
Dec 10Innovative Solutions and Support reports Q4 results
Dec 09Did You Participate In Any Of Innovative Solutions and Support's (NASDAQ:ISSC) Fantastic 211% Return ?
Nov 27Financial Position Analysis
Short Term Liabilities: ISSC's short term assets ($24.5M) exceed its short term liabilities ($15.8M).
Long Term Liabilities: ISSC's short term assets ($24.5M) exceed its long term liabilities ($444.4K).
Debt to Equity History and Analysis
Debt Level: ISSC's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: ISSC's debt to equity ratio has increased from 0% to 25.7% over the past 5 years.
Debt Coverage: ISSC's debt is well covered by operating cash flow (42.2%).
Interest Coverage: ISSC's interest payments on its debt are well covered by EBIT (16.4x coverage).