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Balance Sheets Overview

Current Ratio
848.32%
Quick Ratio
552.49%
Cash Ratio
182.95%
Debt to Asset Ratio
8.23%
Unit: Dollar
Assets Breakdown
    • Deposits on equipment
    • Accounts receivable, net
    • Inventory, net
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accounts payable
    • Others
Balance Sheets
2026-04-30
2026-01-31
2025-10-31
2025-07-31
Cash and cash equivalents
358,308
721,372
-
532,432
Prepaid expenses
-
-
10,578
14,659
Cash
-
-
605,052
-
Accounts receivable, net
661,375
255,561
344,700
271,249
Inventory, net
579,366
599,217
537,713
494,985
Other current assets
62,361
95,496
-
-
Total current assets
1,661,410
1,671,646
1,498,043
1,313,325
Property, plant, and equipment, net
94,488
96,608
30,530
32,723
Advane to employees
-
-
-
15,500
Advance to employees
-
-
20,500
-
Deposits on inventory
78,047
-
-
90,000
Deposits on equipment
702,083
702,083
662,944
652,944
Total long-term assets
874,618
798,691
-
791,167
Total assets
2,536,028
2,470,337
2,212,017
2,104,492
Credit cards
17,443
18,193
-
3,368
Accounts payable
116,446
124,539
78,750
168,251
Accrued expenses
-
-
11,964
-
Other current liabilities
61,959
83,485
-
42,244
Total current liabilities
195,848
226,217
129,538
213,863
Notes payable
-
-
-
0
Current portion of notes payable
-
-
36,724
-
Reserve for unpaid debt
12,900
12,900
2,100
12,900
Reserve for unpaid debt
-
-
12,900
-
Long-term shareholder loans
-
10,000
-
10,000
Long-term portion of shareholders loans
-
-
10,000
-
Total long-term liabilities
12,900
22,900
-
22,900
Total liabilities
208,748
249,117
152,438
236,763
Common stock, 0.0001 par value 100,000,000 shares authorized 38,504,003 and 38,504,003 shares issued and outstanding as of april 30, 2026 and october 31, 2025, respectively
3,850
3,850
3,850
3,850
Additional paid-in capital
12,101,059
12,101,059
12,101,059
12,101,059
Accumulated deficit
-9,777,629
-9,883,689
-10,045,330
-10,237,180
Total stockholders equity
-
-
2,059,579
-
Total stockholders deficit
2,327,280
2,221,220
-
1,867,729
Total liabilities and stockholders deficit
2,536,028
2,470,337
2,212,017
2,104,492
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Accounts receivable, net$661,375 Inventory, net$579,366 Cash and cashequivalents$358,308 Other current assets$62,361 Deposits on equipment$702,083 Property, plant, andequipment, net$94,488 Deposits on inventory$78,047 Total current assets$1,661,410 Total long-termassets$874,618 Total assets$2,536,028 Total liabilities andstockholders deficit$2,536,028 Total stockholdersdeficit$2,327,280 Total liabilities$208,748 Accumulated deficit-$9,777,629 Additional paid-in capital$12,101,059 Total currentliabilities$195,848 Total long-termliabilities$12,900 Common stock, 0.0001par value...$3,850 Accounts payable$116,446 Other currentliabilities$61,959 Credit cards$17,443 Reserve for unpaid debt$12,900

INNOVATIVE DESIGNS INC (IVDN)

INNOVATIVE DESIGNS INC (IVDN)