Innovative Designs Inc financial data

Symbol
IVDN on OTC
Location
124 Cherry St., Ste 1, Pittsburgh, PA
State of incorporation
DE
Fiscal year end
October 31
Latest financial report
10-Q - Q2 2024 - Dec 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 334 % +63.6%
Quick Ratio 210 % +33.6%
Debt-to-equity 48.3 % -38.8%
Return On Equity -16.3 % +39%
Return On Assets -10.5 % +43.5%
Operating Margin -15.8 % +89.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.9M shares 0%
Common Stock, Shares, Outstanding 37.8M shares +4.84%
Entity Public Float 6.71M USD +103%
Common Stock, Value, Issued 3.78K USD +4.76%
Weighted Average Number of Shares Outstanding, Basic 37.8M shares +3.29%
Weighted Average Number of Shares Outstanding, Diluted 37.8M shares +3.29%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 769K USD +211%
Cost of Revenue 152K USD +1035%
Operating Income (Loss) -122K USD +67.7%
Nonoperating Income (Expense) -24.3K USD -127%
Net Income (Loss) Attributable to Parent -160K USD +40.9%
Earnings Per Share, Basic 0 USD/shares 0%
Earnings Per Share, Diluted 0 USD/shares 0%

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 57.3K USD +69744%
Inventory, Net 471K USD -20%
Other Assets, Current 34K USD
Assets, Current 847K USD +10.3%
Property, Plant and Equipment, Net 29.4K USD +21.2%
Operating Lease, Right-of-Use Asset 0 USD -100%
Assets 1.53M USD +0.25%
Accounts Payable, Current 79.7K USD -71.1%
Accrued Liabilities, Current 0 USD -100%
Liabilities, Current 246K USD -42.1%
Liabilities 283K USD
Accumulated Other Comprehensive Income (Loss), Net of Tax -41.2K USD
Retained Earnings (Accumulated Deficit) -10.7M USD -1.38%
Stockholders' Equity Attributable to Parent 1.25M USD +18.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.25M USD
Liabilities and Equity 1.53M USD +0.25%

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 +4.84%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 284K USD +59%
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 4.42K USD +72.2%
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%