Innoviva Balance Sheet Health
Financial Health criteria checks 6/6
Innoviva has a total shareholder equity of $668.5M and total debt of $518.9M, which brings its debt-to-equity ratio to 77.6%. Its total assets and total liabilities are $1.2B and $563.1M respectively. Innoviva's EBIT is $181.3M making its interest coverage ratio 34.5. It has cash and short-term investments of $260.6M.
Key information
77.6%
Debt to equity ratio
US$518.87m
Debt
| Interest coverage ratio | 34.5x |
| Cash | US$260.63m |
| Equity | US$668.54m |
| Total liabilities | US$563.07m |
| Total assets | US$1.23b |
Recent financial health updates
Here's Why Innoviva (NASDAQ:INVA) Can Manage Its Debt Responsibly
Feb 05
Is Innoviva (NASDAQ:INVA) A Risky Investment?
Nov 04Innoviva (NASDAQ:INVA) Seems To Use Debt Quite Sensibly
Mar 02Does Innoviva (NASDAQ:INVA) Have A Healthy Balance Sheet?
Sep 19Does Innoviva (NASDAQ:INVA) Have A Healthy Balance Sheet?
Jun 16Recent updates
Benign Growth For Innoviva, Inc. (NASDAQ:INVA) Underpins Its Share Price
Jul 26Innoviva: Potentially Overvalued
Jun 21Why Innoviva's (NASDAQ:INVA) Shaky Earnings Are Just The Beginning Of Its Problems
May 21Here's Why Innoviva (NASDAQ:INVA) Can Manage Its Debt Responsibly
Feb 05Is Innoviva (NASDAQ:INVA) A Risky Investment?
Nov 04Innoviva (NASDAQ:INVA) Seems To Use Debt Quite Sensibly
Mar 02Innoviva Stock? Not Yet. Short Puts? Definitely.
Sep 19Does Innoviva (NASDAQ:INVA) Have A Healthy Balance Sheet?
Sep 19Does Innoviva (NASDAQ:INVA) Have A Healthy Balance Sheet?
Jun 16Continuing To Avoid Innoviva Inc.
Jun 07We Think Innoviva (NASDAQ:INVA) Can Manage Its Debt With Ease
Mar 04Taking Innoviva Winnings Off The Table, Again
Feb 21Innoviva Inc.: Short Puts Are Compelling
Jan 15Is Innoviva (NASDAQ:INVA) A Risky Investment?
Oct 19Taking Profits In Innoviva Inc.
Oct 16Innoviva reports Q1 results
Apr 28These 4 Measures Indicate That Innoviva (NASDAQ:INVA) Is Using Debt Safely
Mar 30Is Weakness In Innoviva, Inc. (NASDAQ:INVA) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 04Did Innoviva's (NASDAQ:INVA) Share Price Deserve to Gain 36%?
Jan 15These 4 Measures Indicate That Innoviva (NASDAQ:INVA) Is Using Debt Safely
Dec 25
Will Weakness in Innoviva, Inc.'s (NASDAQ:INVA) Stock Prove Temporary Given Strong Fundamentals?
Dec 04Innoviva: Only For Short-Term Traders
Nov 04Innoviva reports Q3 results
Oct 28Financial Position Analysis
Short Term Liabilities: INVA's short term assets ($400.6M) exceed its short term liabilities ($223.8M).
Long Term Liabilities: INVA's short term assets ($400.6M) exceed its long term liabilities ($339.3M).
Debt to Equity History and Analysis
Debt Level: INVA's net debt to equity ratio (38.6%) is considered satisfactory.
Reducing Debt: INVA's debt to equity ratio has reduced from 137% to 77.6% over the past 5 years.
Debt Coverage: INVA's debt is well covered by operating cash flow (31.4%).
Interest Coverage: INVA's interest payments on its debt are well covered by EBIT (34.5x coverage).