Indoor Harvest Financials

No, Indoor Harvest (INQD) reported a net income of -$3.3M in fiscal year 2023.

Indoor Harvest (INQD) reported diluted earnings per share of $0.00 for fiscal year 2023. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Indoor Harvest (INQD) had EBITDA of -$1.7M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

Indoor Harvest (INQD) generated -$519K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

Indoor Harvest (INQD) had $37K in total assets as of fiscal year 2023, including both current and long-term assets.

Indoor Harvest (INQD) had 3.11B shares outstanding as of fiscal year 2023.

Indoor Harvest (INQD) had a current ratio of 0.03 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

Indoor Harvest (INQD) had a debt-to-equity ratio of -1.03 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

Indoor Harvest (INQD) had a return on assets of -8716.7% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Indoor Harvest (INQD) has negative shareholder equity of -$1.3M as of fiscal year 2023, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Indoor Harvest (INQD) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Indoor Harvest (INQD) has an earnings quality ratio of 0.16x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Indoor Harvest (INQD) has an interest coverage ratio of -5.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.