Inotiv, Inc.
www.inotivco.comAI Executive Summary
AI-powered analysis of 10-Q filing content
Inotiv shows concerning financial deterioration with massive debt burden, liquidity crisis, and persistent losses. Current portion of long-term debt at $405.8M against only $12.7M cash creates severe near-term financial distress requiring immediate refinancing or restructuring.
Red Flags Detected (6)
Current portion of long-term debt $405.8M vs cash $12.7M - severe liquidity crisis
Total current liabilities $538.5M vs current assets $163.8M - negative working capital of $374.7M
Cash declined 41% from $21.7M to $12.7M in one quarter
3 more red flags detected
Key Takeaways
Company faces immediate refinancing needs with $405.8M debt due within 12 months
Service revenue growth of 11.5% positive but offset by product revenue decline of 7.8%
2 more takeaways
Filing Overview
What This Means
Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.
Quarterly Report: Interim filing with unaudited financial data for the quarter.