The company's equity base of $46.8 million is heavily offset by accumulated deficits of -$15.9 million, while net PPE remains negligible at $145.4K.
| Total Current Assets | 42.29M | 13.81M | 2.29M | 1.19M | 2.46M | 939.51K |
| Cash & Short-Term Investments | 31.94M | 10.13M | 1.53M | 4.9K | 50.63K | 96.86K |
| Cash Only | 31.94M | 10.13M | 1.53M | 4.9K | 50.63K | 96.86K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 5.36M | 1.27M | 0 | 70.44K | 1.91M | 537.1K |
| Days Sales Outstanding | 259.34 | 162.38 | - | 32.15 | 154.61 | 65.27 |
| Inventory | 3.25M | 2.11M | 333.07K | 394.29K | 329.9K | 285.11K |
| Days Inventory Outstanding | 192.71 | 275.6 | - | 114.65 | 39.72 | 50.28 |
| Other Current Assets | 77.5K | 13.25K | 10.05K | 625.98K | 102.03K | 0 |
| Total Non-Current Assets | 4.85M | 2.2M | 1.88M | 1.36M | 1.19M | 220.77K |
| Property, Plant & Equipment | 145.38K | 0 | 1.87M | 1.31M | 1.15M | 220.77K |
| Fixed Asset Turnover | 125.48x | - | - | 0.61x | 3.92x | 13.61x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 10.1M | 2.2M | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 9.85K | 49.55K | 39.7K | 0 |
| Total Assets | 47.13M | 16.01M | 4.17M | 2.55M | 3.65M | 1.16M |
| Asset Turnover | 0.15x | 0.18x | - | 0.31x | 1.23x | 2.59x |
| Asset Growth % | 1271.37% | 283.88% | 63.78% | -30.29% | 214.76% | - |
| Total Current Liabilities | 258.15K | 468.11K | 1.31M | 4.1M | 2.09M | 649.09K |
| Accounts Payable | 0 | 0 | 271.51K | 1.32M | 957.37K | 27.08K |
| Days Payables Outstanding | - | - | - | 382.83 | 115.27 | 4.78 |
| Short-Term Debt | 114.99K | 50K | 101.9K | 839.39K | 769.49K | 80.71K |
| Deferred Revenue (Current) | 100K | 100K | 590.26K | 1.14M | 201.73K | 412.62K |
| Other Current Liabilities | 143.17K | 0 | 214.04K | 0 | 46.04K | 79.11K |
| Current Ratio | 163.81x | 29.49x | 1.74x | 0.29x | 1.18x | 1.45x |
| Quick Ratio | 151.24x | 24.99x | 1.49x | 0.19x | 1.02x | 1.01x |
| Cash Conversion Cycle | 452.05 | - | - | -236.04 | 79.07 | 110.78 |
| Total Non-Current Liabilities | 61.9K | 370.55K | 58.95K | 386.66K | 511.87K | 126.56K |
| Long-Term Debt | 0 | 0 | 58.95K | 110.85K | 160.01K | 0 |
| Capital Lease Obligations | 61.9K | 0 | 0 | 275.82K | 349.4K | 126.56K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 370.55K | 0 | 0 | 2.46K | 0 |
| Total Liabilities | 320.05K | 838.66K | 1.37M | 4.49M | 2.6M | 775.65K |
| Total Debt | 176.88K | 50K | 221.08K | 1.44M | 1.39M | 256.85K |
| Net Debt | -31.76M | -10.08M | -1.31M | 1.43M | 1.34M | 159.99K |
| Debt / Equity | 0.00x | 0.00x | 0.08x | - | 1.32x | 0.67x |
| Debt / EBITDA | -0.05x | - | - | - | - | - |
| Net Debt / EBITDA | 8.33x | - | - | - | - | - |
| Interest Coverage | - | - | - | -37.66x | -109.75x | -9.17x |
| Total Equity | 46.81M | 15.17M | 2.8M | -1.94M | 1.05M | 384.63K |
| Equity Growth % | 1566.87% | 442.15% | 243.94% | -284.29% | 174.19% | - |
| Book Value per Share | 5.73 | 2.81 | 1.38 | -1.07 | 0.61 | 0.24 |
| Total Shareholders' Equity | 46.81M | 15.17M | 3.01M | -1.69M | 1.18M | 384.63K |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -15.92M | -14.82M | -7.74M | -4.52M | -629.04K | 379.63K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | -212.35K | -248.77K | -121.34K | 0 |
Rapid liquidity depletion risk
According to recent financial statements, INHD's total assets surged to $47.1 million by 2026Q2, yet this growth appears driven by external financing rather than organic asset accumulation, as the company continues to report persistent negative retained earnings that have deepened to -$15.9 million over the same period.
The expansion of the asset base suggests a reliance on capital raises to sustain operations rather than internal value creation. Investors should monitor whether this capital is being deployed into productive assets or simply serving as a bridge to cover ongoing operational losses.
As reported in quarterly filings, INHD maintains a cash position of $31.9 million as of 2026Q2, but the current ratio of 163.81 appears distorted by the lack of meaningful current liabilities, potentially masking the underlying difficulty of funding the company's high-burn, project-based operational model.
While the headline liquidity metrics appear robust, the absence of significant current liabilities suggests a business model that has not yet scaled to a point of operational maturity. The rapid fluctuation in cash balances over the last ten quarters warrants investigation into the sustainability of current funding sources.
Based on reported figures, INHD's equity base has grown to $46.8 million in 2026Q2, yet this figure is heavily offset by accumulated deficits, indicating that shareholder value is being eroded by consistent net losses rather than being bolstered by profitable reinvestment of earnings.
The reliance on equity financing to maintain a debt-free balance sheet suggests a conservative capital structure that prioritizes solvency over operational efficiency. However, the persistent negative retained earnings imply that the company is effectively consuming its own equity to fund its current manufacturing strategy.
Analysis of the balance sheet reveals that despite total assets of $47.1 million, net PPE remains negligible at $145.4K as of 2026Q2, which suggests that the company's purported mobile factory advantage is not yet reflected in significant tangible capital investment on the balance sheet.
The disconnect between the company's stated technological focus and the lack of meaningful PPE investment may indicate that the mobile factory units are either leased, under-capitalized, or not yet fully integrated into the asset base. This discrepancy warrants further investigation into the true nature of the company's manufacturing infrastructure.
Quick answers to the most common questions about buying INHD stock.
As of 2025, Inno Holdings Inc. (INHD) had total assets of $16.0M including $13.8M in current assets.
Inno Holdings Inc. (INHD) carries total debt of $0.1M, offset by $10.1M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Inno Holdings Inc. (INHD) has total shareholders' equity (book value) of $15.2M ($2.81 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Inno Holdings Inc. (INHD) reported a current ratio of 29.49x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.