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Innovative Designs (Innovative Designs) Net Debt Paydown Yield % : 0.24% (As of Jun. 04, 2024)


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What is Innovative Designs Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Innovative Designs's Net Debt Paydown Yield % was 0.24%.


Innovative Designs Net Debt Paydown Yield % Historical Data

The historical data trend for Innovative Designs's Net Debt Paydown Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Innovative Designs Net Debt Paydown Yield % Chart

Innovative Designs Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.01 0.29 0.84 0.50

Innovative Designs Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.52 0.32 0.50 0.23

Competitive Comparison of Innovative Designs's Net Debt Paydown Yield %

For the Apparel Retail subindustry, Innovative Designs's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Innovative Designs's Net Debt Paydown Yield % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Innovative Designs's Net Debt Paydown Yield % falls into.



Innovative Designs Net Debt Paydown Yield % Calculation

Innovative Designs's Net Debt Paydown Yield % for the quarter that ended in Jan. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.09-0.08 )/6.423195
=0.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Innovative Designs  (OTCPK:IVDN) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Innovative Designs Net Debt Paydown Yield % Related Terms

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Innovative Designs (Innovative Designs) Business Description

Traded in Other Exchanges
N/A
Address
124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
Executives
Robert Kennedy Adams director 3509 WILLIAM PENN DR., SAN ANTONIO TX 78230
Donald Vincent Garlotta director 124 CHERRY STREET, PITTSBURGH PA 15223
Joseph Riccelli director, 10 percent owner, officer: Chief Executive Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean Kolocouris director 109 FOX PATH, MOON TWP PA 15108
Daniel P Rains director 2509 WIEWAN ROAD, ALIQUIPPA PA 15001
Robert D Monsour director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Innovative Designs Inc director 124 CHERRY ST., STE 1, PITTSBURGH PA 15223
Joseph A Riccelli officer: Vice President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean P Kolocouris director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Frank Riccelli director, 10 percent owner, officer: President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dominic Cerniglia director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Anthony Fonzi director, officer: Chief Financial Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215

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