Innoviva Balance Sheet Health
Financial Health criteria checks 5/6
Innoviva has a total shareholder equity of $675.0M and total debt of $446.2M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are $1.2B and $568.6M respectively. Innoviva's EBIT is $141.0M making its interest coverage ratio 42.2. It has cash and short-term investments of $193.5M.
Key information
66.1%
Debt to equity ratio
US$446.23m
Debt
| Interest coverage ratio | 42.2x |
| Cash | US$193.51m |
| Equity | US$674.96m |
| Total liabilities | US$568.55m |
| Total assets | US$1.24b |
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
Here'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 ($344.2M) exceed its short term liabilities ($38.1M).
Long Term Liabilities: INVA's short term assets ($344.2M) do not cover its long term liabilities ($530.4M).
Debt to Equity History and Analysis
Debt Level: INVA's net debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: INVA's debt to equity ratio has reduced from 240.7% to 66.1% over the past 5 years.
Debt Coverage: INVA's debt is well covered by operating cash flow (31.6%).
Interest Coverage: INVA's interest payments on its debt are well covered by EBIT (42.2x coverage).