Innovative DesignsIVDN -7.41%50 Interest Coverage is 53.50 as of Apr. 2026, which is 1350% above its 10-year median of 3.69. GuruFocus rates IVDN with a GF Score™ of 50/100 and a GF Value™ of $0.52 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 827 Retail - Cyclical companies, Innovative Designs ranks better than 90.08% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Innovative Designs's
Operating Income
for the
three
months ended in Apr. 2026 was $0.11 Mil. Innovative Designs's Interest Expense for the
three
months ended in Apr. 2026 was $-0.00 Mil.
Innovative Designs's interest coverage for the quarter that ended in Apr. 2026 was 53.50.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Innovative Designs Inc has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Innovative Designs's Interest Coverage or its related term are showing as below:
IVDN'
s Interest Coverage Range Over the Past 10 Years
Min: 3.69 Med: 3.69 Max: 131.25
Current: 131.25
IVDN's Interest Coverage is ranked better than 90.08% of 827
companies
in the Retail - Cyclical industry
Industry Median: 7.91
vs IVDN: 131.25
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Innovative Designs Interest Coverage Related Terms
Innovative Designs Interest Coverage Historical Data
* Premium members only.
The historical data trend for Innovative Designs's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
IVDN vs DBGI, LSEB, JEM: Interest Coverage Comparison
For the Apparel Retail subindustry, Innovative Designs's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovative Designs Interest Coverage vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Innovative Designs's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Innovative Designs (IVDN) has a Interest Coverage of 53.50 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Innovative Designs and its competitors. This is 1350% above median its historical median of 3.69. Over the past decade, Innovative Designs' Interest Coverage has ranged from 3.69 to 131.25. According to the industry distribution chart, Innovative Designs ranks #82 out of 827 companies in the Retail - Cyclical industry, placing it in the top 9.9%.
Is Innovative Designs' Interest Coverage too high?
Innovative Designs' current Interest Coverage of 53.50 is 1350% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 131.25. The Retail - Cyclical industry median Interest Coverage is 7.91. Innovative Designs' value of 53.50 is 576.4% above this industry median. Based on the distribution chart, Innovative Designs ranks #82 out of 827 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Designs has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Designs' Interest Coverage compare to DBGI and LSEB?
According to the Retail - Cyclical industry distribution chart, Innovative Designs ranks #82 out of 827 companies for Interest Coverage. This places Innovative Designs in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.91. Innovative Designs' value of 53.50 is 576.4% above this benchmark. Historically, Innovative Designs' own Interest Coverage has ranged from 3.69 to 131.25 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 7.91, Innovative Designs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.91, based on 827 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Designs's current Interest Coverage of 53.50 is 576.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Innovative Designs and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Designs's current Interest Coverage is 53.50, which is 1350% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Designs stock overvalued right now?
Based on GuruFocus' analysis, Innovative Designs (IVDN) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.52, compared to a current price of $0.25 — trading 51.9% below its estimated fair value. The current Interest Coverage is 53.50, which is 1350% above median its 10-year median of 3.69 and 576.4% above the Retail - Cyclical industry median of 7.91. Innovative Designs' overall GF Score™ is 50/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Innovative Designs (IVDN), the current Interest Coverage is 53.50 as of Apr. 2026. 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.
Is Innovative Designs (IVDN) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Designs stock appears to be undervalued.
The current stock price of $0.25 is trading 51.9% below its estimated GF Value™ of $0.52.
GuruFocus considers Innovative Designs to be Significantly Undervalued.
Key valuation signals for IVDN:
Interest Coverage: 53.50 (1350% above median its 10-year median of 3.69)
GF Value™: $0.52 vs. price of $0.25 (51.9% below fair value)
Industry Position: 576.4% above the Retail - Cyclical median (#82 of 827)
No single metric tells the full story. See the IVDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low-density foamed polyethylene with buoyancy, scent block, and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold-weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment. Majority of the revenue is from USA and Canada.
50GF Score
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