The company maintains a debt-to-equity ratio of 0.30, yet the liquidity buffer is tightening as total assets grew to $23.0M without corresponding improvements in operational returns.
| Total Current Assets | 17.16M | 18.23M | 13.25M | 9.38M | 5M | 6.11M |
| Cash & Short-Term Investments | 1.72M | 6.72M | 2.47M | 595.7K | 84.61K | 181.35K |
| Cash Only | 1.72M | 6.72M | 2.47M | 595.7K | 84.61K | 181.35K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 11.68M | 6.01M | 3.85M | 4.15M | 2.23M | 1.66M |
| Days Sales Outstanding | 89.61 | 119.26 | 89 | 120.14 | 122.24 | 98.61 |
| Inventory | 3.69M | 5.5M | 5.3M | 4.49M | 2.47M | 3.82M |
| Days Inventory Outstanding | 79.33 | 142.18 | 172.08 | 194.05 | 206.63 | 335.62 |
| Other Current Assets | 0 | 1.6K | 1.53M | 135.68K | 188.63K | 436.35K |
| Total Non-Current Assets | 5.79M | 6.55M | 5.22M | 6.65M | 6M | 6.84M |
| Property, Plant & Equipment | 5.63M | 4.33M | 3.04M | 3.4M | 3.6M | 4.24M |
| Fixed Asset Turnover | 6.61x | 4.26x | 5.20x | 3.71x | 1.85x | 1.45x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 41.98K | 2.22M | 2.17M | 2.29M | 2.35M | 2.6M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 111.2K | 0 | 0 | 960.24K | 41.03K | 0 |
| Total Assets | 22.95M | 24.78M | 18.47M | 16.02M | 11M | 12.95M |
| Asset Turnover | 1.36x | 0.74x | 0.86x | 0.79x | 0.60x | 0.48x |
| Asset Growth % | 43.18% | 34.17% | 15.27% | 45.61% | -15.03% | - |
| Total Current Liabilities | 7.06M | 8.63M | 8.2M | 7.06M | 3.16M | 12.6M |
| Accounts Payable | 1.73M | 3.29M | 3.13M | 2.55M | 488.64K | 637.88K |
| Days Payables Outstanding | 37.47 | 85.01 | 101.7 | 109.98 | 40.92 | 55.97 |
| Short-Term Debt | 4.64M | 4.62M | 4.63M | 3.66M | 2.46M | 1.57M |
| Deferred Revenue (Current) | 8.44K | 8.67K | 1.71K | 65.07K | 0 | 145.4K |
| Other Current Liabilities | 514.31K | 25.94K | 31.6K | 0 | 0 | 0 |
| Current Ratio | 2.43x | 2.11x | 1.62x | 1.33x | 1.58x | 0.48x |
| Quick Ratio | 1.91x | 1.48x | 0.97x | 0.69x | 0.80x | 0.18x |
| Cash Conversion Cycle | 131.47 | 176.43 | 159.38 | 204.21 | 287.94 | 378.25 |
| Total Non-Current Liabilities | 42.95K | 15.37K | 0 | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 42.95K | 15.37K | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 7.1M | 8.64M | 8.2M | 7.06M | 3.16M | 12.6M |
| Total Debt | 4.68M | 4.69M | 4.63M | 3.66M | 2.46M | 1.57M |
| Net Debt | 2.96M | -2.03M | 2.16M | 3.07M | 2.38M | 1.39M |
| Debt / Equity | 0.30x | 0.29x | 0.45x | 0.41x | 0.31x | 4.46x |
| Debt / EBITDA | -16.13x | - | 2.83x | 2.09x | 2.37x | 2.08x |
| Net Debt / EBITDA | -10.21x | - | 1.32x | 1.75x | 2.29x | 1.84x |
| Interest Coverage | -0.22x | -33.63x | 9.26x | 10.32x | 7.50x | 1.49x |
| Total Equity | 15.85M | 16.13M | 10.27M | 8.96M | 7.84M | 351.74K |
| Equity Growth % | 73.54% | 57.16% | 14.54% | 14.36% | 2128.3% | - |
| Book Value per Share | 15.95 | 16.24 | 11.33 | 9.89 | 8.65 | 0.39 |
| Total Shareholders' Equity | 15.85M | 16.13M | 10.27M | 8.96M | 7.84M | 351.74K |
| Common Stock | 1.59K | 1.89K | 1.25K | 1.25K | 1.25K | 3K |
| Retained Earnings | 1.23M | -2.24M | 3.2M | 1.76M | 550.34K | 54.62K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 244.77K | 650.35K | 25.96K | 168.07K | 248.68K | 18.91K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
Insufficient Liquidity Runway
According to recent financial filings, INLF's total assets grew from $16.0M in 2024Q2 to $23.0M by 2025Q2, yet this expansion appears disconnected from profitability, as the company continues to struggle with negative operating margins despite the significant increase in its reported asset base over the last year.
The rapid growth in total assets suggests an aggressive investment strategy that has not yet translated into operational efficiency. Investors should monitor whether this asset accumulation is driven by productive capacity or an unsustainable buildup of working capital that may eventually require impairment.
As reported in quarterly balance sheets, INLF's cash position of $1.7M in 2025Q2 represents a decline from previous periods, leaving the company with a limited liquidity buffer relative to its ongoing operational losses and the capital-intensive nature of its industrial machinery manufacturing business model.
While the current ratio of 2.43 appears healthy on the surface, the absolute cash balance is concerning given the company's negative operating cash flow. This liquidity profile suggests that the firm may face significant pressure to secure external financing if the current burn rate persists.
Based on the latest balance sheet data, INLF's net PPE has increased to $5.6M as of 2025Q2, while goodwill has been significantly written down from $2.2M to $42.0K, indicating a potential shift in the company's valuation of its acquired intangible assets and long-term manufacturing infrastructure.
The reduction in goodwill suggests a realistic reassessment of past acquisitions, which may be a prudent move given the current operating environment. However, the rising investment in PPE warrants scrutiny to ensure these assets are generating sufficient utilization to justify their carrying value.
Data from the 2025Q2 balance sheet reveals that deferred revenue has dropped to zero, which, when combined with the company's negative operating margins, suggests that INLF lacks the forward-looking revenue visibility typically provided by customer prepayments in the industrial machinery sector.
The absence of deferred revenue implies that the company is operating on a strictly transactional basis, increasing its vulnerability to sudden shifts in customer demand. This lack of a contractual backlog makes the company's future revenue streams highly unpredictable and sensitive to regional economic cycles.
Quick answers to the most common questions about buying INLF stock.
As of 2025, INLIF Limited (INLF) had total assets of $24.8M including $18.2M in current assets.
INLIF Limited (INLF) carries total debt of $4.7M, offset by $6.7M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
INLIF Limited (INLF) has total shareholders' equity (book value) of $16.1M ($16.24 book value per share). Book value represents the net worth of the company belonging to common stock holders.
INLIF Limited (INLF) reported a current ratio of 2.11x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.