Inovalon Holdings, Inc. (INOV) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments93123476573728
Cash and cash equivalents93116209128114
Short-term investments 7267445614
Receivables144135102101100
Other undisclosed current assets2014101216
Total current assets:257272589686844
Noncurrent Assets
Operating lease, right-of-use asset45
Property, plant and equipment1481421267665
Intangible assets, net (including goodwill)1,4391,491274288200
Goodwill956956185185138
Intangible assets, net (excluding goodwill)4835358910462
Other noncurrent assets2016634
Total noncurrent assets:1,6511,649406367269
TOTAL ASSETS:1,9091,9219951,0531,113
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities7057533235
Accounts payable3531341621
Employee-related liabilities3525191514
Deferred revenue14
Debt2013453015
Deferred revenue and credits7126
Contract with customer, liability21
Other liabilities265115911
Other undisclosed current liabilities 1211
Total current liabilities:1301411228468
Noncurrent Liabilities
Long-term debt and lease obligation946953203236267
Long-term debt, excluding current maturities884940191236266
Finance lease, liability12
Capital lease obligations141200
Operating lease, liability50
Liabilities, other than long-term debt14430274837
Deferred tax liabilities, net 273537
Deferred income tax liabilities98
Other liabilities4730 13 
Other undisclosed noncurrent liabilities 114012
Total noncurrent liabilities:1,0901,098230286306
Total liabilities:1,2201,239352370374
Stockholders' equity
Stockholders' equity attributable to parent, including:688683643684739
Treasury stock, value(200)(200)(200)(106) 
Additional paid in capital636619534516493
Accumulated other comprehensive loss(27)(7)(0)(1)(2)
Retained earnings278270309274248
Other undisclosed stockholders' equity attributable to parent00000
Total stockholders' equity:688683643684739
TOTAL LIABILITIES AND EQUITY:1,9091,9219951,0531,113

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues642528449428437
Revenue, net449428437
Cost of revenue(168)(145)(151)(159)(146)
Gross profit:475383298268291
Operating expenses(297)(289)(211)(194)(152)
Other undisclosed operating loss(108)(97)(53)(37)(23)
Operating income (loss):69(3)3438116
Nonoperating income (expense)(0)(2) 0(0)
Investment income, nonoperating   0(0)
Other nonoperating expense(0)(2)   
Interest and debt expense(66)(51)(6)(5)(4)
Other undisclosed income from continuing operations before equity method investments, income taxes22563
Income (loss) from continuing operations before income taxes:6(54)3339115
Income tax expense (benefit)2142(12)(49)
Net income (loss) attributable to parent:8(39)352766
Undistributed earnings (loss) allocated to participating securities, basic(0)  
Other undisclosed net loss available to common stockholders, basic  (1)(0)(0)
Net income (loss) available to common stockholders, diluted:8(39)342766

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):8(39)352766
Other comprehensive income (loss)(20)(6)01(2)
Comprehensive income (loss), net of tax, attributable to parent:(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.

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