Innovative Designs Inc financial data

Symbol
IVDN on OTC
Industry
Miscellaneous Fabricated Textile Products
Location
124 Cherry St., Ste 1, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
October 31
Latest financial report
10-Q - Q1 2024 - Oct 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 278 % +32.9%
Quick Ratio 189 % +28.1%
Debt-to-equity 48.3 % -38.8%
Return On Equity -14.4 % -1457%
Return On Assets -11.2 % -1657%
Operating Margin -23.5 % +82%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.9M shares +4.14%
Common Stock, Shares, Outstanding 37.8M shares +7.57%
Entity Public Float 6.71M USD +103%
Common Stock, Value, Issued 3.78K USD +7.5%
Weighted Average Number of Shares Outstanding, Basic 37.5M shares +6.49%
Weighted Average Number of Shares Outstanding, Diluted 37.5M shares +4.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 615K USD +139%
Cost of Revenue 152K USD +1035%
Operating Income (Loss) -145K USD +57.1%
Nonoperating Income (Expense) -26.3K USD -108%
Net Income (Loss) Attributable to Parent -171K USD -1699%
Earnings Per Share, Basic 0 USD/shares
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 263K USD -45.2%
Accounts Receivable, after Allowance for Credit Loss, Current 123K USD +6352%
Inventory, Net 523K USD -16.9%
Assets, Current 905K USD +29.8%
Property, Plant and Equipment, Net 21.2K USD -15.5%
Operating Lease, Right-of-Use Asset 0 USD -100%
Assets 1.58M USD +14.2%
Accounts Payable, Current 60.6K USD -71.2%
Accrued Liabilities, Current 0 USD -100%
Liabilities, Current 232K USD -39%
Liabilities 274K USD -36.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -41.2K USD
Retained Earnings (Accumulated Deficit) -10.6M USD -1.23%
Stockholders' Equity Attributable to Parent 1.3M USD +37.7%
Liabilities and Equity 1.58M USD +14.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -103K USD +2.18%
Net Cash Provided by (Used in) Financing Activities 92.3K USD +279%
Net Cash Provided by (Used in) Investing Activities -13.1K USD
Common Stock, Shares Authorized 100M shares -0.79%
Common Stock, Shares, Issued 37.8M shares +7.57%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 242K USD +272%
Interest Paid, Excluding Capitalized Interest, Operating Activities 15.2K USD +681%
Deferred Tax Assets, Valuation Allowance 2.48M USD +4.86%
Deferred Tax Assets, Gross 2.48M USD +4.86%
Operating Lease, Liability 0 USD -100%
Depreciation 3.87K USD +51.7%
Payments to Acquire Property, Plant, and Equipment 20.6K USD
Property, Plant and Equipment, Gross 37K USD +50.9%
Operating Lease, Liability, Current 0 USD -100%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 2.48M USD +4.86%
Preferred Stock, Shares Authorized 25M shares 0%
Depreciation, Depletion and Amortization 1.17K USD +51.5%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Operating Leases, Future Minimum Payments Due 150K USD 0%
Interest Expense 25.8K USD -30.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%