Innovid Balance Sheet Health
Financial Health criteria checks 5/6
Innovid has a total shareholder equity of $196.0M and total debt of $20.0M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are $250.0M and $54.0M respectively.
Key information
10.2%
Debt to equity ratio
US$20.00m
Debt
Interest coverage ratio | n/a |
Cash | US$49.88m |
Equity | US$195.99m |
Total liabilities | US$53.97m |
Total assets | US$249.96m |
Recent financial health updates
Recent updates
Investors Appear Satisfied With Innovid Corp.'s (NYSE:CTV) Prospects As Shares Rocket 31%
Mar 14Health Check: How Prudently Does Innovid (NYSE:CTV) Use Debt?
Feb 24Some Shareholders Feeling Restless Over Innovid Corp.'s (NYSE:CTV) P/S Ratio
Jan 18Innovid: A TV Measurement Disruption Play
Oct 11Is Innovid Corp. (NYSE:CTV) Worth US$1.2 Based On Its Intrinsic Value?
Aug 19Innovid Corp. (NYSE:CTV) Stock's 41% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 17What Does The Future Hold For Innovid Corp. (NYSE:CTV)? These Analysts Have Been Cutting Their Estimates
Mar 01Innovid beats Q4 top and bottom line estimates; initiates Q1 and FY23 outlook
Feb 24Innovid names Ken Markus as COO
Feb 09Ad-tech company, Innovid to lay off 10% of workforce
Jan 24Innovid GAAP EPS of -$0.09, revenue of $34.5M; initiates Q4 and FY22 guidance
Nov 11Innovid Corp. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Aug 13Innovid GAAP EPS of $0.03, revenue of $33.08M
Aug 10Innovid: A Compelling CTV Stock
Jun 10Financial Position Analysis
Short Term Liabilities: CTV's short term assets ($101.6M) exceed its short term liabilities ($25.5M).
Long Term Liabilities: CTV's short term assets ($101.6M) exceed its long term liabilities ($28.5M).
Debt to Equity History and Analysis
Debt Level: CTV has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CTV's debt to equity ratio has reduced 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: Whilst unprofitable CTV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CTV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14% per year.