Innovex International, Current Debt
| INVX Stock | 13.97 0.16 1.16% |
Long Term Debt To Capitalization is expected to grow to 0.22 this year, although Short and Long Term Debt Total will most likely decline. With a high degree of financial leverage come high-interest payments, which usually reduce Innovex International,'s Earnings Per Share (EPS).
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.0022428 | Current Value 0.002131 | Quarterly Volatility 0.05390443 |
Innovex |
Innovex International, Financial Rating
Innovex International, financial ratings play a critical role in determining how much Innovex International, have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Innovex International,'s borrowing costs.| Piotroski F Score | 7 | Strong | View |
| Beneish M Score | (3.13) | Unlikely Manipulator | View |
Innovex International, Debt to Cash Allocation
As Innovex International, follows its natural business cycle, the capital allocation decisions will not magically go away. Innovex International,'s decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
Innovex International, currently holds 2.31 M in liabilities. Innovex International, has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Innovex International,'s use of debt, we should always consider it together with its cash and equity.Innovex International, Total Assets Over Time
Innovex International, Assets Financed by Debt
The debt-to-assets ratio shows the degree to which Innovex International, uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.Innovex International, Debt Ratio | 0.21 |
Innovex Short Long Term Debt Total
Short Long Term Debt Total |
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Understaning Innovex International, Use of Financial Leverage
Understanding the structure of Innovex International,'s debt obligations provides insight if it is worth investing in it. Financial leverage can amplify the potential profits to Innovex International,'s owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its cost of debt.
| Last Reported | Projected for Next Year | ||
| Short and Long Term Debt Total | 2.3 M | 2.2 M | |
| Net Debt | -189.1 M | -198.5 M | |
| Short Term Debt | 2.3 M | 2.2 M | |
| Long Term Debt | 87.9 M | 59.2 M | |
| Short and Long Term Debt | 5.8 M | 5 M | |
| Net Debt To EBITDA | (4.30) | (4.09) | |
| Interest Debt Per Share | 0.07 | 0.06 | |
| Long Term Debt To Capitalization | 0.21 | 0.22 | |
| Cash Flow To Debt Ratio | 3.35 | 3.18 |