Inovalon Holdings, Inc. (INOV) financial statements (2023 and earlier)

Company profile

Business Address 4321 COLLINGTON ROAD
BOWIE, MD 20716
State of Incorp. DE
Fiscal Year End December 31
SIC 7374 - Computer Processing and Data Preparation and Processing Services (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 12493123476573728
Cash and cash equivalents 12493116209128114
Short-term investments   7267445614
Receivables 173144135102101100
Other undisclosed current assets 272014101216
Total current assets: 323257272589686844
Noncurrent Assets
Operating lease, right-of-use asset 3545
Property, plant and equipment  1481421267665
Intangible assets, net (including goodwill) 1,4081,4391,491274288200
Goodwill 956956956185185138
Intangible assets, net (excluding goodwill) 4534835358910462
Other noncurrent assets 362016634
Other undisclosed noncurrent assets 168     
Total noncurrent assets: 1,6481,6511,649406367269
TOTAL ASSETS: 1,9711,9091,9219951,0531,113
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 947057533235
Accounts payable 533531341621
Employee-related liabilities 413525191514
Deferred revenue  14
Debt 142013453015
Deferred revenue and credits7126
Contract with customer, liability21
Other liabilities 40265115911
Other undisclosed current liabilities 17 1211
Total current liabilities: 1641301411228468
Noncurrent Liabilities
Long-term debt and lease obligation 944946953203236267
Long-term debt, excluding current maturities 878884940191236266
Finance lease, liability 2612
Capital lease obligations141200
Operating lease, liability 4150
Liabilities, other than long-term debt 15414430274837
Deferred tax liabilities, net 273537
Deferred income tax liabilities 10098
Other liabilities 544730 13 
Other undisclosed noncurrent liabilities   114012
Total noncurrent liabilities: 1,0981,0901,098230286306
Total liabilities: 1,2631,2201,239352370374
Stockholders' equity
Stockholders' equity attributable to parent, including: 709688683643684739
Treasury stock, value (200)(200)(200)(200)(106) 
Additional paid in capital 655636619534516493
Accumulated other comprehensive loss (48)(27)(7)(0)(1)(2)
Retained earnings 301278270309274248
Other undisclosed stockholders' equity attributable to parent 000000
Total stockholders' equity: 709688683643684739
TOTAL LIABILITIES AND EQUITY: 1,9711,9091,9219951,0531,113

Income statement (P&L) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 668642528449428437
Revenue, net449428437
Cost of revenue (168)(168)(145)(151)(159)(146)
Gross profit: 500475383298268291
Operating expenses (313)(297)(289)(211)(194)(152)
Other undisclosed operating loss (115)(108)(97)(53)(37)(23)
Operating income (loss): 7269(3)3438116
Nonoperating income (expense) (1)(0)(2) 0(0)
Investment income, nonoperating     0(0)
Other nonoperating expense (1)(0)(2)   
Interest and debt expense (56)(66)(51)(6)(5)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes 022563
Income (loss) from continuing operations before income taxes: 156(54)3339115
Income tax expense (benefit) 72142(12)(49)
Net income (loss) attributable to parent: 238(39)352766
Undistributed earnings (loss) allocated to participating securities, basic (1)(0)  
Other undisclosed net loss available to common stockholders, basic    (1)(0)(0)
Net income (loss) available to common stockholders, diluted: 228(39)342766

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): 238(39)352766
Other comprehensive income (loss) (21)(20)(6)01(2)
Comprehensive income (loss), net of tax, attributable to parent: 2(12)(45)352864

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: