Innoviva Debt-to-Equity Ratio Growth & History (INVA)

Innoviva's debt-to-equity ratio was 0.23 for fiscal 2025.

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Innoviva annual debt-to-equity ratio history

Innoviva annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20252025-12-310.23−0.42−64.86%
20242024-12-310.65−0.01−1.91%
20232023-12-310.67−0.30−30.81%
20222022-12-310.960.01+1.03%
20212021-12-310.950.24+33.30%
20202020-12-310.71−0.49−40.64%
20192019-12-311.20−1.29−51.74%
20182018-12-312.49
20132013-12-310.96

Innoviva debt-to-equity ratio trends

Over the last five fiscal years, Innoviva's debt-to-equity ratio decreased from 0.71 to 0.23, a change of −0.48. The latest reported quarter, Q2 2026, shows 0.22.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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