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
Delaware
Fiscal year end
October 31
Latest financial report
10-Q - Q4 2023 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 229 % +15.5%
Quick Ratio 174 % +32.9%
Debt-to-equity 48.3 % -38.8%
Return On Equity -27.9 % -76.9%
Return On Assets -20.6 % -104%
Operating Margin -81.7 % +55.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 37.9M shares +7.55%
Common Stock, Shares, Outstanding 37.8M shares +7.41%
Entity Public Float 6.71M USD +103%
Common Stock, Value, Issued 3.78K USD +7.42%
Weighted Average Number of Shares Outstanding, Basic 37.1M shares +6.24%
Weighted Average Number of Shares Outstanding, Diluted 38M shares +5.96%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 342K USD +27.6%
Cost of Revenue 144K USD +12.2%
Operating Income (Loss) -279K USD +43.3%
Nonoperating Income (Expense) -26.2K USD -108%
Net Income (Loss) Attributable to Parent -306K USD -100%
Earnings Per Share, Basic -0.01 USD/shares 0%
Earnings Per Share, Diluted -0.01 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 10.4K USD +28.9%
Inventory, Net 601K USD -6.58%
Assets, Current 826K USD +0.63%
Property, Plant and Equipment, Net 22.3K USD -13.5%
Operating Lease, Right-of-Use Asset 0 USD -100%
Assets 1.51M USD +3.22%
Accounts Payable, Current 84.7K USD -51.9%
Accrued Liabilities, Current 0 USD -100%
Liabilities, Current 202K USD -41.8%
Liabilities 435K USD -34.3%
Retained Earnings (Accumulated Deficit) -10.7M USD -2.94%
Stockholders' Equity Attributable to Parent 1.27M USD +20.1%
Liabilities and Equity 1.51M USD +3.22%

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 101M shares 0%
Common Stock, Shares, Issued 37.8M shares +7.41%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 208K USD +22.9%
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 1.17K USD +51.5%
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%