As of Jun 30, 2026, Independence Power Holdings, Inc. had total assets of $92.8 million and total liabilities of $20.1 million. Total assets were up 348821.3% from a year earlier. Stockholders' equity was $72.8 million. It held $164,293 in cash and investments against $397,897 of total debt, net debt of $233,604. The current ratio, current assets divided by current liabilities, was 28.35.
USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.
| Line |
FY 2026
Jun 30, 2026
|
FY 2026
Dec 31, 2025
|
FY 2025
Jul 31, 2025
|
|---|---|---|---|
| Assets | |||
| Cash |
0
+680.1%
|
2
+5544.6%
|
0
|
| Cash and investments |
0
+680.1%
|
2
+5544.6%
|
0
|
| Total current assets |
66
+253935.9%
|
25
+87540.3%
|
0
|
| Property and equipment, net |
2
+371947.2%
|
1
+130385.6%
|
0
|
| Total assets |
93
+348821.3%
|
93
+325605.8%
|
0
|
| Liabilities and equity | |||
| Accounts payable |
0
|
1
|
—
|
| Total current liabilities |
2
+5547.5%
|
1
+3221.4%
|
0
|
| Total liabilities |
20
+48414.4%
|
19
+45368.4%
|
0
|
| Stockholders' equity |
73
+491308.0%
|
73
+521975.4%
|
-0
|
| Debt | |||
| Lease liabilities |
0
|
1
|
—
|
| Total debt |
0
|
1
|
—
|
| Net cash |
-0
|
1
|
—
|
| Ratios | |||
| Current ratio |
28.35x
|
17.38x
|
0.66x
|
| Debt to equity |
0.01x
|
0.01x
|
—
|
| Return on equity |
-7.42%
|
-3.75%
|
—
|
| Return on assets |
-5.81%
|
-2.97%
|
-88.87%
|
| Book value per share |
—
|
—
|
-0.00
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.
Company profile
- Industry
- Services-Engineering, Accounting, Research, Management (SIC 8700)
- Listed as
- ITXP (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Dallas, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 2025878
- Former names
- TriUnity Business Services Ltd (until Jan 7, 2026)
Other Services-Engineering, Accounting, Research, Management companies
- Paychex Inc PAYX
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All 4 Services-Engineering, Accounting, Research, Management companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.