Invitae Balance Sheet Health
Financial Health criteria checks 1/6
Invitae has a total shareholder equity of $-1.1B and total debt of $1.4B, which brings its debt-to-equity ratio to -124.7%. Its total assets and total liabilities are $535.1M and $1.6B respectively.
Key information
-124.7%
Debt to equity ratio
US$1.35b
Debt
| Interest coverage ratio | n/a |
| Cash | US$254.57m |
| Equity | -US$1.08b |
| Total liabilities | US$1.62b |
| Total assets | US$535.12m |
Recent financial health updates
Recent updates
Cautious Investors Not Rewarding Invitae Corporation's (NYSE:NVTA) Performance Completely
Dec 20
Invitae: Revenue Troubles Build
Aug 09Invitae Is Treading In Competitive Waters
Jul 16Invitae Corporation's (NYSE:NVTA) Prospects Need A Boost To Lift Shares
Jun 26Invitae: What Happened At The JP Morgan Health Conference
Jan 19Invitae guides Q4 revenue above estimates
Jan 09Invitae Likely Hasn't Reached The Bottom Yet
Dec 15Invitae: This Turnaround Could Be Painful
Nov 15Invitae GAAP EPS of -$1.27 misses by $0.43, revenue of $133.54M beats by $2.16M
Nov 08Invitae Stock: Losses And Debt Suggest Bearish Sentiment Is Deserved
Sep 22Why Invitae Corporation Could Underperform
Aug 17Invitae maintains 2022 financial guidance as Q2 results beat on top and bottom lines
Aug 09Invitae downgraded to market perform at Cowen on timing uncertainty for debt refinancing
Jul 26Financial Position Analysis
Short Term Liabilities: NVTA.Q has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NVTA.Q has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NVTA.Q has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NVTA.Q's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NVTA.Q has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NVTA.Q has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.6% each year