INNV Fundamental Analysis

Fundamental Outlook: INNVNeutralSource: Massive API
Composite: 78/100 · Confidence: 60%

INNV's fundamental profile currently indicates strong financial health, scoring 78/100 with a "Neutral" rating. The company has a Piotroski F-Score of 4/9, indicating mixed operational signals. The Altman Z-Score of 4.71 places INNV comfortably in the safe zone, suggesting low default risk. On the momentum front, INNV is trending positively with improving quarterly earnings and margins.

Strong Sell (0)Neutral (50)Strong Buy (100)
Piotroski F-Score
4030%
Altman Z-Score
9720%
Earnings Momentum
9830%
Short Sentiment
8520%
Altman Z-Score: Safe zone
3 consecutive quarters of EPS growth
Piotroski F-Score: 4/9
Mixed fundamentals
F1Positive ROA✗ Fail
F3Improving ROA✗ Fail
F5Decreasing Leverage✗ Fail
F6Improving Liquidity✓ Pass
F7No Dilution✓ Pass
F8Improving Gross Margin✓ Pass
F9Improving Asset Turnover✓ Pass
Altman Z-Score: 4.71Safe Zone
Z″-Score (Non-manufacturing)
X1 (WC/TA)0.012
X2 (RE/TA)-0.204
X3 (EBIT/TA)-0.017
X4 (Eq/TL)5.157
Safe > 2.60 · Grey 1.10–2.60 · Distress < 1.10
Earnings Momentum
Aggregate: +2.00 (range: -2 to +2)
EPS Growth▲▲3 consecutive quarters improving
Revenue Growth▲▲4 consecutive quarters
Gross Margin▲▲Expanding
Operating Margin▲▲Expanding
Net Margin▲▲Expanding
Short Sentiment
Score: 85/100 (higher = more bullish)
SI% of Float2/53.8%
Days to Cover2/53.0 days
SVR Trend1/520d−50d: -368.7pts
SI Trend1/5-19.2%
About This Analysis

Piotroski F-Score is a 9-point scoring system developed by accounting professor Joseph Piotroski to assess the financial strength of a company. It evaluates profitability (ROA, operating cash flow, accruals), leverage and liquidity (debt ratio, current ratio, share dilution), and operating efficiency (gross margin, asset turnover). Scores of 7–9 indicate strong fundamentals, while 0–3 suggest weakness.

Altman Z-Score is a formula developed by professor Edward Altman that predicts the probability of a company entering bankruptcy within two years. It combines five financial ratios — working capital, retained earnings, EBIT, market capitalization, and revenue — all relative to total assets. A score above 2.99 suggests the company is financially safe, while below 1.81 indicates distress. The Z-Score is not applicable to financial-sector companies (banks, insurance).

Earnings Momentum tracks quarter-over-quarter trends in EPS growth, revenue, and profit margins to assess whether a company's financial trajectory is improving or deteriorating. Short Sentiment evaluates bearish market positioning using short interest as a percentage of float, days to cover, and short volume trends — a high score (inverted) indicates bullish sentiment.