indv: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, INDV has $1,416M in assets. $1,623M in debts. $445M in cash and cash equivalents.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30	2025-03-31
Cash and cash equivalents	445	510	372
Short-term investments	0	0	1
Accounts receivable, net of allowances of 2 (2025) and 3 (2024)	259	240	243
Inventories	155	149	163
Prepaid expenses	30	28	56
Current tax receivable	13	3	29
Other current assets	19	20	20
Total current assets	922	951	883
Long-term investments	28	27	27
Property, plant and equipment, net	124	117	104
Operating lease right of use assets, net	30	35	37
Goodwill and other intangible assets, net	-	7	7
Deferred tax assets	285	270	279
Other noncurrent assets	27	44	39
Total assets	1,416	1,452	1,375

Accrued rebates and product returns	613	709	675
Accounts payable and accrued expenses	215	196	183
Accrued litigation settlement expenses, current	106	105	105
Current portion of long-term debt	18	18	18
Operating lease liabilities, current	10	11	11
Income taxes payable	4	17	12
Other current liabilities	0	0	3
Total current liabilities	965	1,056	1,005
Long-term debt, less current portion	304	308	311
Accrued litigation settlement expenses, noncurrent	300	299	297
Operating lease liabilities, noncurrent	24	29	30
Other noncurrent liabilities	30	18	17
Total liabilities	1,623	1,709	1,660
Common stock, par value 0.50 per share issued shares 125 (2025) and 125 (2024)	62	62	62
Additional paid-in capital	109	101	93
Share repurchase commitment	0	0	0
Accumulated other comprehensive loss	-32	-33	-35
Accumulated deficit	-346	-388	-406
Total shareholders' deficit	-207	-257	-285
Total liabilities and shareholders' deficit	1,416	1,452	1,375