Invesque Balance Sheet Health
Financial Health criteria checks 2/6
Invesque has a total shareholder equity of $147.1M and total debt of $647.5M, which brings its debt-to-equity ratio to 440.2%. Its total assets and total liabilities are $828.3M and $681.2M respectively. Invesque's EBIT is $30.3M making its interest coverage ratio 0.5. It has cash and short-term investments of $11.8M.
Key information
440.2%
Debt to equity ratio
US$647.52m
Debt
Interest coverage ratio | 0.5x |
Cash | US$11.77m |
Equity | US$147.10m |
Total liabilities | US$681.18m |
Total assets | US$828.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MHIV.F's short term assets ($46.9M) do not cover its short term liabilities ($308.4M).
Long Term Liabilities: MHIV.F's short term assets ($46.9M) do not cover its long term liabilities ($372.8M).
Debt to Equity History and Analysis
Debt Level: MHIV.F's net debt to equity ratio (432.2%) is considered high.
Reducing Debt: MHIV.F's debt to equity ratio has increased from 147.4% to 440.2% 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 MHIV.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MHIV.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.5% per year.