INNOVANA
Innovana Thinklabs Limited engages in the software and application development business in India, the United States, Germany, Singapore, Romania and internationally. The company operates astrology and tarot platforms which includes Anytime Astro, Tarot Life, mPanchang, and Tarot Life (VR). It also offers utility and security apps, such as FlashScan, a multipurpose document scanner app that scan a… Read more
INNOVANA (INNOVANA) - Total Assets
Latest total assets as of September 2025: ₹3.46 Billion INR
Based on the latest financial reports, INNOVANA (INNOVANA) holds total assets worth ₹3.46 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
INNOVANA - Total Assets Trend (2022–2025)
This chart illustrates how INNOVANA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
INNOVANA - Asset Composition Analysis
Current Asset Composition (March 2025)
INNOVANA's total assets of ₹3.46 Billion consist of 27.6% current assets and 72.4% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹0.00 | 3.9% |
| Accounts Receivable | ₹414.48 Million | 14.9% |
| Inventory | ₹143.05 Million | 5.1% |
| Property, Plant & Equipment | ₹0.00 | 0.0% |
| Intangible Assets | ₹95.07 Million | 3.4% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how INNOVANA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: INNOVANA's current assets represent 27.6% of total assets in 2025, a decrease from 47.5% in 2022.
- Cash Position: Cash and equivalents constituted 3.9% of total assets in 2025, down from 4.8% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2022.
- Asset Diversification: The largest asset category is accounts receivable at 14.9% of total assets.
INNOVANA Competitors by Total Assets
Key competitors of INNOVANA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
INNOVANA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - INNOVANA generates 0.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, INNOVANA generates $ 15.87 in net profit.
INNOVANA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.89 | 2.09 | 1.97 |
| Quick Ratio | 2.50 | 1.69 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ₹592.75 Million | ₹ 390.45 Million | ₹ 273.61 Million |
INNOVANA - Advanced Valuation Insights
This section examines the relationship between INNOVANA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.98 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 33.3% |
| Total Assets | ₹2.78 Billion |
| Market Capitalization | $18.94 Million USD |
Valuation Analysis
Below Book Valuation: The market values INNOVANA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: INNOVANA's assets grew by 33.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for INNOVANA (2022–2025)
The table below shows the annual total assets of INNOVANA from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹2.78 Billion | +33.33% |
| 2024-03-31 | ₹2.09 Billion | +21.84% |
| 2023-03-31 | ₹1.71 Billion | +8.67% |
| 2022-03-31 | ₹1.58 Billion | -- |