What is Innoviva, Inc.'s current ratio?

Innoviva, Inc. (INVA) reported current ratio of 21.1× in Q1 2026.

How has Innoviva, Inc.'s current ratio changed year-over-year?

Innoviva, Inc.'s current ratio increased by 752.4% year-over-year, from 2.5× to 21.1×.

What is the long-term trend for Innoviva, Inc.'s current ratio?

Over 5 years (2020 to 2025), Innoviva, Inc.'s current ratio has grown at a -23.5% compound annual growth rate (CAGR), from 56× to 14.6×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Innoviva, Inc. INVA Current ratio

Current ratio at other companies

PfizerPFE

1.2×0.0×

Merck & Co.MRK

1.3×-0.1×

AbbVieABBV

0.8×0.0×

InsmedINSM

4.5×-1.4×

Ionis PharmaceuticalsIONS

4.1×-5.6×

ArriVent BioPharma, Inc.AVBP

14×-0.4×

Other financials

Income statement

See full

Revenue$98.0M+10.6%

Gross profit$75.8M+3.4%

Operating income$38.2M-7.9%

Net income$186.6M+501%

EPS (diluted)$2.22+400%

Balance sheet

See full

Cash & equivalents$603.1M+89.0%

Total debt$269.4M-40.3%

Total equity$1.3B—

Total assets$1.8B+46.4%

Cash flow

See full

Operating cash flow$35.3M-27.4%

CapEx$492.0K—

Free cash flow$34.8M-28.4%

Valuation

See full

Market cap$1.74B+51.8%

Enterprise value$1.4B+9.7%

P/E3.5×—

P/S4.1×+1.0×

Profitability

See full

Gross margin73.7%-9.9pp

Operating margin38.1%-11.2pp

Net margin119.9%+107pp

FCF margin54.1%+5.3pp

Returns & leverage

See full

Return on equity29.1%—

Debt / equity0.2×—

Where this comes from

Calculated from Innoviva, Inc.’s reported figures.

total current assets/total current liabilities=21.1×

Based on the most recent quarter.

The official record: Innoviva, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Innoviva, Inc.'s current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Innoviva, Inc.'s current ratio?: Innoviva, Inc. (INVA) reported current ratio of 21.1× in Q1 2026.
How has Innoviva, Inc.'s current ratio changed year-over-year?: Innoviva, Inc.'s current ratio increased by 752.4% year-over-year, from 2.5× to 21.1×.
What is the long-term trend for Innoviva, Inc.'s current ratio?: Over 5 years (2020 to 2025), Innoviva, Inc.'s current ratio has grown at a -23.5% compound annual growth rate (CAGR), from 56× to 14.6×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.