IVDN (Innovative Designs) Interest Expense: $-0.00 Mil (TTM As of Apr. 2026)

What is Innovative Designs Interest Expense?

Innovative Designs IVDN -7.62% 48 Interest Expense is $-0.00 Mil as of Apr. 2026. GuruFocus rates IVDN with a GF Score™ of 48/100 and a GF Value™ of $0.52 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovative Designs's interest expense for the three months ended in Apr. 2026 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2026 was $-0.00 Mil.

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. 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. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Innovative Designs (OTCPK:IVDN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Innovative Designs's Interest Expense for the three months ended in Apr. 2026 was $-0.00 Mil. Its Operating Income for the three months ended in Apr. 2026 was $0.11 Mil. And its Long-Term Debt & Capital Lease Obligation 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 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Apr. 2026 )	/	Interest Expense (Q: Apr. 2026 )
	=	-1	*	0.107	/	-0.002
	=	53.50

* 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.

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.

Innovative Designs Interest Expense Historical Data

* Premium members only.

The historical data trend for Innovative Designs's Interest Expense can be seen below:

Innovative Designs Interest Expense Chart

Innovative Designs Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

Interest Expense

Get a 7-Day Free Trial

-0.05

-0.04

-0.03

-0.04

0.00

Innovative Designs Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
Interest Expense	Get a 7-Day Free Trial															0.00	0.00	0.00	-0.00	-0.00

48GF Score

Innovative Designs Inc IVDN

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Innovative Designs Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.00 Mil mean?

Innovative Designs (IVDN) has a Interest Expense of $-0.00 Mil as of Apr. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Innovative Designs and its competitors.

Is Innovative Designs' Interest Expense too high?

Innovative Designs' current Interest Expense is $-0.00 Mil. Overall, Innovative Designs has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Innovative Designs' Interest Expense compare to LSEB and DBGI?

Innovative Designs' Interest Expense of $-0.00 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Retail - Cyclical company?

A good Interest Expense depends on the Retail - Cyclical industry context. However, Interest 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Innovative Designs and its competitors. Innovative Designs's current Interest Expense is $-0.00 Mil. 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 $0.24 — trading 53.8% below its estimated fair value. The current Interest Expense is $-0.00 Mil. Innovative Designs' overall GF Score™ is 48/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Innovative Designs (IVDN), the current Interest Expense is $-0.00 Mil 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 $0.24 is trading 53.8% below its estimated GF Value™ of $0.52. GuruFocus considers Innovative Designs to be Significantly Undervalued.

Key valuation signals for IVDN:

Interest Expense: $-0.00 Mil
GF Value™: $0.52 vs. price of $0.24 (53.8% below fair value)
GF Score™: 48/100 with 1 warning sign

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 Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies LSEB DBGI JEM LVLU DXLG BRIA BIRD XMAD:ITX TJX TSE:9983 ROST LSE:NXT BURL BOM:500251 LULU TSX:ATZ GAP VSXY URBN LSE:JD.

Address 124 Cherry Street, Pittsburgh, PA, USA, 15223

Website https://www.idigear.com

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.

48GF Score

Get the complete analysis for IVDN

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

$0.24

Price

$0.52

GF Value

View IVDN Analysis

See Interest Expense data for all stocks →