IVBT (Innovation1 Biotech) Total Liabilities: $3.46 Mil (As of Feb. 2024)


IVBT Innovation1 Biotech Inc IVBT
12 GF Score
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What is Innovation1 Biotech Total Liabilities?

Innovation1 Biotech IVBT 12 Total Liabilities is $3.46 Mil as of Feb. 2024. GuruFocus rates IVBT with a GF Score™ of 12/100.

Innovation1 Biotech's Total Liabilities for the quarter that ended in Feb. 2024 was $3.46 Mil.

Innovation1 Biotech's quarterly Total Liabilities declined from Aug. 2023 ($3.51 Mil) to Nov. 2023 ($3.07 Mil) but then increased from Nov. 2023 ($3.07 Mil) to Feb. 2024 ($3.46 Mil).

Innovation1 Biotech's annual Total Liabilities increased from Aug. 2021 ($0.41 Mil) to Aug. 2022 ($41.11 Mil) but then declined from Aug. 2022 ($41.11 Mil) to Aug. 2023 ($3.51 Mil).

Innovation1 Biotech Total Liabilities Historical Data

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The historical data trend for Innovation1 Biotech'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.

Innovation1 Biotech Total Liabilities Chart

Innovation1 Biotech Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only 0.22 2.89 0.41 41.11 3.51

Innovation1 Biotech Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Liabilities 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 2.36 2.61 3.51 3.07 3.46
IVBT
12GF Score
Innovation1 Biotech Inc IVBT
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovation1 Biotech 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.

Innovation1 Biotech's Total Liabilities for the fiscal year that ended in Aug. 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
=3.287+(0.219+-1.3877787807814E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.51

Total Liabilities=Total Assets (A: Aug. 2023 )-Total Equity (A: Aug. 2023 )
=0.076--3.43
=3.51

Innovation1 Biotech's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2.904+(0.555+1.1102230246252E-16
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.46

Total Liabilities=Total Assets (Q: Feb. 2024 )-Total Equity (Q: Feb. 2024 )
=0.122--3.337
=3.46

* 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 Total Liabilities →
What does a Total Liabilities of $3.46 Mil mean?
Innovation1 Biotech (IVBT) has a Total Liabilities of $3.46 Mil as of Feb. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Innovation1 Biotech and its competitors.
Is Innovation1 Biotech's Total Liabilities too high?
Innovation1 Biotech's current Total Liabilities is $3.46 Mil. Overall, Innovation1 Biotech has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Innovation1 Biotech's Total Liabilities compare to NVIV and PXMD?
Innovation1 Biotech's Total Liabilities of $3.46 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Diversified Financial Services company?
A good Total Liabilities depends on the Diversified Financial Services industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Innovation1 Biotech and its competitors. Innovation1 Biotech's current Total Liabilities is $3.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovation1 Biotech stock overvalued right now?
Innovation1 Biotech (IVBT) has a current Total Liabilities of $3.46 Mil. The current Total Liabilities is $3.46 Mil. Innovation1 Biotech's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Innovation1 Biotech (IVBT), the current Total Liabilities is $3.46 Mil as of Feb. 2024. 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.

Innovation1 Biotech Business Description

Address 7 Grand View Avenue, Somerville, MA, USA, 02143
Innovation1 Biotech Inc is a shell company.
12GF Score

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