IVDN (Innovative Designs) Financial Strength: 10 (As of Apr. 2026) — 67% Above Median

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IVDN Innovative Designs Inc IVDN
50 GF Score
Price $0.22
! 1 Warning Sign
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What is Innovative Designs Financial Strength?

Innovative Designs IVDN -9.01% 50 Financial Strength is 10 as of Apr. 2026, which is 67% above its 10-year median of 6.00. GuruFocus rates IVDN with a GF Score™ of 50/100. The stock has 1 warning sign investors should review.

Innovative Designs has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Innovative Designs Inc shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Innovative Designs's Interest Coverage for the quarter that ended in Apr. 2026 was 53.50. Innovative Designs's debt to revenue ratio for the quarter that ended in Apr. 2026 was 0.01. As of today, Innovative Designs's Altman Z-Score is 21.97.


Innovative Designs  (OTCPK:IVDN) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Innovative Designs has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Innovative Designs Financial Strength Related Terms


IVDN vs DBGI, LSEB, JEM: Financial Strength Comparison

For the Apparel Retail subindustry, Innovative Designs's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Financial Strength distribution charts can be found below:

* The bar in red indicates where Innovative Designs's Financial Strength falls into.


IVDN
50GF Score
Innovative Designs Inc IVDN
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Designs Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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 Interest Expense for the months ended in Apr. 2026 was $-0.00 Mil. Its Operating Income for the months ended in Apr. 2026 was $0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.00 Mil.

Innovative Designs's Interest Coverage for the quarter that ended in Apr. 2026 is

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

2. Debt to revenue ratio. The lower, the better.

Innovative Designs's Debt to Revenue Ratio for the quarter that ended in Apr. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.017 + 0) / 3.236
=0.01

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Innovative Designs has a Z-score of 21.97, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 21.97 is strong.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 10 mean?
Innovative Designs (IVDN) has a Financial Strength of 10 as of Apr. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Innovative Designs and its competitors. This is 67% above median its historical median of 6.00. Over the past decade, Innovative Designs' Financial Strength has ranged from 2.00 to 10.00.
Is Innovative Designs' Financial Strength too high?
Innovative Designs' current Financial Strength of 10 is 67% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 10.00. Overall, Innovative Designs has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Designs' Financial Strength compare to DBGI and LSEB?
Innovative Designs' Financial Strength of 10 can be compared against companies in the Retail - Cyclical industry. Historically, Innovative Designs' own Financial Strength has ranged from 2.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Retail - Cyclical company?
A good Financial Strength depends on the Retail - Cyclical industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Innovative Designs and its competitors. Innovative Designs's current Financial Strength is 10, which is 67% above median its own 10-year median of 6.00. 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?
Innovative Designs (IVDN) has a current Financial Strength of 10. The current Financial Strength is 10, which is 67% above median its 10-year median of 6.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Innovative Designs (IVDN), the current Financial Strength is 10 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.

Innovative Designs Business Description

Address 124 Cherry Street, Pittsburgh, PA, USA, 15223
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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Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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