IVRN (Innoveren Scientific) Current Accrued Expense: $2.31 Mil (As of Sep. 2023)

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IVRN Innoveren Scientific Inc IVRN
16 GF Score
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What is Innoveren Scientific Current Accrued Expense?

Innoveren Scientific IVRN 16 Current Accrued Expense is $2.31 Mil as of Sep. 2023. GuruFocus rates IVRN with a GF Score™ of 16/100.

Innoveren Scientific's Current Accrued Expense for the quarter that ended in Sep. 2023 was $2.31 Mil.

Innoveren Scientific's quarterly Current Accrued Expense increased from Mar. 2023 ($2.05 Mil) to Jun. 2023 ($2.28 Mil) and increased from Jun. 2023 ($2.28 Mil) to Sep. 2023 ($2.31 Mil).

Innoveren Scientific's annual Current Accrued Expense increased from Dec. 2020 ($0.28 Mil) to Dec. 2021 ($0.34 Mil) and increased from Dec. 2021 ($0.34 Mil) to Dec. 2022 ($1.94 Mil).

Innoveren Scientific Current Accrued Expense Related Terms

Innoveren Scientific Current Accrued Expense Historical Data

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The historical data trend for Innoveren Scientific's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Innoveren Scientific Current Accrued Expense Chart

Innoveren Scientific Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.38 0.28 0.34 1.94

Innoveren Scientific Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 1.94 2.05 2.28 2.31
IVRN
16GF Score
Innoveren Scientific Inc IVRN
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Innoveren Scientific Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of $2.31 Mil mean?
Innoveren Scientific (IVRN) has a Current Accrued Expense of $2.31 Mil as of Sep. 2023. Current Accrued Expense records the total amount of accrued expenses. View historical data on Innoveren Scientific and its competitors.
Is Innoveren Scientific's Current Accrued Expense too high?
Innoveren Scientific's current Current Accrued Expense is $2.31 Mil. Overall, Innoveren Scientific has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Innoveren Scientific's Current Accrued Expense compare to GNCA and ISCO?
Innoveren Scientific's Current Accrued Expense of $2.31 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for a Biotechnology company?
A good Current Accrued Expense depends on the Biotechnology industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Innoveren Scientific and its competitors. Innoveren Scientific's current Current Accrued Expense is $2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innoveren Scientific stock overvalued right now?
Innoveren Scientific (IVRN) has a current Current Accrued Expense of $2.31 Mil. The current Current Accrued Expense is $2.31 Mil. Innoveren Scientific's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Innoveren Scientific (IVRN), the current Current Accrued Expense is $2.31 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Innoveren Scientific Business Description

Address 2202 N West Shore Boulevard, Suite 200, Tampa, FL, USA, 33607
Innoveren Scientific Inc Formerly H-CYTE Inc is a hybrid biopharmaceutical company dedicated to developing and delivering new treatments for patients with chronic respiratory and pulmonary disorders. It has two divisions: the Healthcare Medical Biosciences Division (which includes the Infusion Vertical and the Biologics Vertical) and the DenerveX medical device division.
16GF Score

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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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