Forensic Analysis · Retail / Consumer Discretionary · as of Aug 3, 2026
Inno Holdings Inc. (INHD)
A forensic read on Inno Holdings Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Safe
Financial health
13.2
Altman Z-score
Clean
Earnings quality
5
Forensic signals
-46.7%
ROE
221.4%
Revenue growth
Financial health / Altman Z-score above is based on book value, not market value — this free snapshot doesn't pull live market data. Treat it as a rough read, not the final word.
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Inno Holdings Inc. earns an F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is 13.2, placing it in the Safe zone (based on book value, not market value, since this free snapshot doesn't pull live market data — treat this zone as a rough read, not the final word). 5 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-63.2%
FY2025
Return on invested capital.Return on invested capital is -63.2% in the latest fiscal year and slipping from -38% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+91.9%
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets grew +91.9% relative to their own average in FY2025 — scaled by NOA itself, not total assets (see the Forensic Screens card's differently-scaled Sloan Accrual Ratio for that read). Accruals are building sharply, and much of it is accounted for. The build is led by inventory up +533% on the year. That build tracks a +221% revenue year: net operating assets grew +170%, so the balance sheet is carrying more volume rather than getting heavier per dollar of sales — the accrual build is funding demand the company is shipping, not earnings running ahead of collection. The cash-flow cross-check is more mixed: reported earnings ran behind operating cash by 67% of net operating assets, diverging from the balance-sheet accrual read.
n/m (stock split)
FY2023–FY2025
Share count (stock split).Diluted share count changed +198% over the last 2 years to FY2025, but that includes a large one-time change around FY2025 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw +72.5%/yr figure isn't a real buyback/dilution read here.
77% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 77% of revenue in FY2025 — about $0.40 per diluted share. Meaningful — reported free cash flow flatters the economics, since SBC is a real cost paid in shares.
Key fundamentals
Latest Revenue$2.8M
Revenue Growth YoY+221.4%
Net Margin-248.7%
Return on Equity-46.7%
Debt / Equity0.01x
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Inno Holdings Inc.:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about INHD's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown
Data from SEC EDGAR public filings · metrics as of Aug 3, 2026. Forensic signals flag probability, not certainty.
Inno Holdings Inc. (INHD) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
$3,514
FY2025–FY2025
Goodwill impairments.Took $3,514 of goodwill writedowns across 1 year (FY2025 ($3,514)). Writedowns mean past acquisitions underperformed what was paid for them.