Innovex Downhole Solutions (Innovex Downhole Solutions) Total Liabilities : $179.03 Mil (As of Sep. 2023)

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What is Innovex Downhole Solutions Total Liabilities?

Innovex Downhole Solutions's Total Liabilities for the quarter that ended in Sep. 2023 was $179.03 Mil.

Innovex Downhole Solutions's quarterly Total Liabilities increased from Sep. 2022 ($0.00 Mil) to Dec. 2022 ($185.01 Mil) but then declined from Dec. 2022 ($185.01 Mil) to Sep. 2023 ($179.03 Mil).

Innovex Downhole Solutions's annual Total Liabilities increased from . 20 ($0.00 Mil) to Dec. 2021 ($104.34 Mil) and increased from Dec. 2021 ($104.34 Mil) to Dec. 2022 ($185.01 Mil).

Innovex Downhole Solutions Total Liabilities Historical Data

The historical data trend for Innovex Downhole Solutions's Total Liabilities 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.

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Innovex Downhole Solutions Total Liabilities Chart

Innovex Downhole Solutions Annual Data

Trend

Dec21

Dec22

Total Liabilities

104.34

185.01

Innovex Downhole Solutions Quarterly Data
	Dec21	Sep22	Dec22	Sep23
Total Liabilities	104.34	-	185.01	179.03

Innovex Downhole Solutions Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Innovex Downhole Solutions's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	85.02	+	(99.925	+	0.061000000000007
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	185.01

Total Liabilities	=	Total Assets (A: Dec. 2022 )	-	Total Equity (A: Dec. 2022 )
	=	436.286	-	251.28
	=	185.01

Innovex Downhole Solutions's Total Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	103.143	+	(75.865	+	0.025999999999996
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	179.03

Total Liabilities	=	Total Assets (Q: Sep. 2023 )	-	Total Equity (Q: Sep. 2023 )
	=	486.98	-	307.946
	=	179.03

Innovex Downhole Solutions Total Liabilities Related Terms

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Innovex Downhole Solutions (Innovex Downhole Solutions) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Innovex Downhole Solutions Inc (NYSE:INVX) » Definitions » Total Liabilities

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Innovex Downhole Solutions Inc designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Its products include Well head system, Drilling and development, Well construction, Well completion, Production solution and fishing and intervention.

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