Indivior PLC (INDV) Balance Sheet

NASDAQ: INDVAssets, liabilities, debt and equity over 10 years.

INDV balance sheet, 2025

December 31, 2025 · U.S. dollars

$1.20B assets = $1.30B liabilities + −$98.0M equity

Liabilities exceed assets: shareholders’ equity is negative (−$98.0M).

Both columns are drawn to the same scale: what INDV owns equals what it owes plus shareholders’ equity. Hover a block for its value.

INDV financial health

Current ratio0.71

Tight · current assets cover current liabilities 0.71×

Equity / assets−8.1%

Thin equity · of assets funded by shareholders

Cash / debt55.6%

Partial cover · cash & short-term investments vs total debt

Goodwill & intangibles0.3%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

INDV balance sheet trends, 2016–2025

Indivior PLC balance sheet trends
Metric	Then	Latest	Change
Total assets	$1.21B2016	$1.20B2025	−0.0%/yr
Total liabilities	$1.50B2016	$1.30B2025	−1.6%/yr
Shareholders’ equity	−$295.0M2016	−$98.0M2025	—
Cash & short-term investments	$692.0M2016	$195.0M2025	−13.1%/yr
Total debt	$535.0M2016	$351.0M2025	−4.6%/yr
Net cash (debt)	$157.0M2016	−$156.0M2025	−$313.0M
Working capital	−$40.0M2016	−$262.0M2025	−$222.0M
Book value per share	−$1.982016	−$0.772025	—
Current ratio	0.962016	0.712025	−0.25
Debt / equity	3.652018	5.402022	+1.75
Shares outstanding	148.6M2016	128.0M2025	−1.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

INDV assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

INDV liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

INDV debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

INDV balance sheet

Indivior PLC annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$195.0M	$320.0M	$410.0M	$897.8M	$1.10B	$858.0M	$1.06B	$924.0M	$863.0M	$692.0M
Cash & equivalents	$195.0M	$319.0M	$316.0M	$778.2M	$1.10B	$858.0M	$1.06B	$924.0M	$863.0M	$692.0M
Short-term investments	$0	$1.0M	$94.0M	$119.6M	—	—	—	—	—	—
Receivables	$255.0M	$254.0M	$254.0M	$220.0M	$202.0M	$219.0M	$204.0M	$278.0M	$257.0M	$205.0M
Inventory	$153.0M	$178.0M	$135.0M	$114.6M	$95.0M	$93.0M	$73.0M	$78.0M	$52.0M	$41.0M
Other current assets	$49.0M	$87.0M	$467.0M	$33.4M	$45.0M	$17.0M	$23.0M	$49.0M	$53.0M	$52.0M
Total current assets	$652.0M	$839.0M	$1.27B	$1.27B	$1.44B	$1.19B	$1.36B	$1.33B	$1.22B	$990.0M
Property, plant & equipment (net)	$170.0M	$139.0M	$124.0M	$85.5M	$95.0M	$103.0M	$107.0M	$57.0M	$54.0M	$27.0M
Goodwill & intangible assets	$4.0M	$7.0M	$18.0M	$70.0M	$82.0M	$62.0M	$72.0M	$0	$0	$0
Long-term investments	$28.0M	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$350.0M	$334.0M	$357.0M	$357.3M	$211.0M	$179.0M	$113.0M	$161.0M	$165.0M	$192.0M
Total assets	$1.20B	$1.32B	$1.76B	$1.78B	$1.83B	$1.53B	$1.65B	$1.55B	$1.44B	$1.21B
Liabilities
Accounts payable	$48.0M	$63.0M	$39.0M	$33.0M	$26.0M	$416.0M	$499.0M	$47.0M	$40.0M	$33.0M
Short-term debt	$39.0M	$28.0M	$12.0M	$11.0M	$11.0M	$12.0M	$9.0M	$4.0M	$5.0M	$101.0M
Deferred revenue	—	—	−$1.8M	$9.0M	$7.0M	$15.0M	$39.0M	$24.0M	$41.0M	$52.0M
Total current liabilities	$914.0M	$939.0M	$1.29B	$1.02B	$804.0M	$599.0M	$742.0M	$818.0M	$854.0M	$1.03B
Long-term debt	$290.0M	$315.0M	$236.0M	$237.0M	$239.0M	$230.0M	$233.0M	$0	$0	$0
Lease obligations	$32.0M	$42.0M	$43.0M	$37.0M	$44.0M	$51.0M	$56.0M	—	—	—
Other long-term liabilities	$98.0M	$413.0M	$430.0M	$465.8M	$586.0M	$620.0M	$468.0M	$663.0M	$793.0M	$474.0M
Total liabilities	$1.30B	$1.67B	$1.96B	$1.73B	$1.63B	$1.45B	$1.44B	$1.48B	$1.65B	$1.50B
Shareholders' equity
Common stock & paid-in capital	$62.0M	$62.0M	$68.0M	$68.4M	$70.0M	$73.0M	$73.0M	$73.0M	$72.0M	$72.0M
Retained earnings (deficit)	−$243.0M	−$454.0M	−$295.0M	$1.31B	$1.44B	$1.31B	$1.45B	$1.31B	$1.03B	$950.0M
Accumulated other comprehensive income	−$30.0M	−$46.0M	−$1.35B	−$1.34B	−$1.31B	−$1.31B	−$1.32B	−$1.33B	−$1.31B	−$1.32B
Total shareholders' equity	−$98.0M	−$348.0M	−$191.0M	$51.3M	$203.0M	$82.0M	$209.0M	$66.0M	−$203.0M	−$295.0M
Key figures
Total debt	$351.0M	$375.0M	$283.0M	$277.0M	$286.0M	$285.0M	$293.0M	$241.0M	$482.0M	$535.0M
Net cash (debt)	−$156.0M	−$55.0M	$127.0M	$620.8M	$816.0M	$573.0M	$767.0M	$683.0M	$381.0M	$157.0M
Working capital	−$262.0M	−$100.0M	−$24.0M	$241.3M	$640.0M	$588.0M	$618.0M	$511.0M	$371.0M	−$40.0M
Tangible book value	−$102.0M	−$355.0M	−$209.0M	−$18.7M	$121.0M	$20.0M	$137.0M	$66.0M	−$203.0M	−$295.0M
Book value per share	−$0.77	−$2.62	−$1.35	$0.37	$1.32	$0.56	$1.38	$0.44	−$1.36	−$1.98
Shares outstanding	128.0M	133.0M	141.8M	139.0M	154.2M	146.6M	151.1M	150.2M	149.7M	148.6M
Current ratio	0.71	0.89	0.98	1.24	1.80	1.98	1.83	1.62	1.43	0.96
Quick ratio	0.49	0.61	0.51	1.09	1.62	1.80	1.70	1.47	1.31	0.87
Debt / equity	—	—	—	5.40	1.41	3.48	1.40	3.65	—	—
Equity / assets	−8.1%	−26.4%	−10.8%	2.9%	11.1%	5.4%	12.7%	4.3%	−14.1%	−24.4%

Indivior PLC quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$222.0M	$175.0M	$195.0M	$445.0M	$510.0M	$373.0M	$320.0M	$318.0M	$379.1M	$329.8M	$410.0M	$722.0M
Cash & equivalents	$222.0M	$175.0M	$195.0M	$445.0M	$510.0M	$372.0M	$319.0M	$288.0M	$302.0M	$247.8M	$316.0M	$610.0M
Short-term investments	—	—	$0	$0	—	$1.0M	$1.0M	$30.0M	$77.0M	$81.9M	$94.0M	$112.0M
Receivables	$287.0M	$285.0M	$255.0M	$272.0M	$240.0M	$243.0M	$254.0M	$251.0M	$259.0M	$249.0M	$254.0M	$261.0M
Inventory	$150.0M	$152.0M	$153.0M	$157.0M	$149.0M	$163.0M	$178.0M	$178.0M	$171.0M	$162.9M	$135.0M	$142.0M
Other current assets	$66.0M	$55.0M	$49.0M	$48.0M	$52.0M	$104.0M	$87.0M	$52.0M	$55.0M	$53.8M	$467.0M	$95.0M
Total current assets	$725.0M	$667.0M	$652.0M	$922.0M	$951.0M	$883.0M	$839.0M	$799.0M	$864.1M	$795.4M	$1.27B	$1.22B
Property, plant & equipment (net)	$183.0M	$179.0M	$170.0M	$154.0M	$152.0M	$141.0M	$139.0M	$116.0M	$107.0M	$111.9M	$124.0M	$85.0M
Goodwill & intangible assets	$2.0M	$4.0M	$4.0M	$2.0M	$7.0M	$7.0M	$7.0M	$190.0M	$218.0M	$230.0M	$18.0M	$218.0M
Long-term investments	$27.0M	$27.0M	$28.0M	$28.0M	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$296.0M	$320.0M	$350.0M	$310.0M	$342.0M	$344.0M	$334.0M	$359.0M	$346.1M	$314.6M	$357.0M	$329.0M
Total assets	$1.23B	$1.20B	$1.20B	$1.42B	$1.45B	$1.38B	$1.32B	$1.46B	$1.54B	$1.45B	$1.76B	$1.85B
Liabilities
Accounts payable	$30.0M	$35.0M	$48.0M	$41.0M	$50.0M	$183.0M	$63.0M	$50.0M	$46.0M	$40.0M	$39.0M	$71.0M
Short-term debt	$9.0M	$9.0M	$39.0M	$28.0M	$29.0M	$29.0M	$28.0M	$14.0M	$13.0M	$12.0M	$12.0M	$11.0M
Deferred revenue	—	—	—	—	—	—	—	$9.0M	$8.0M	$7.0M	$18.0M	$5.0M
Total current liabilities	$868.0M	$779.0M	$914.0M	$965.0M	$1.06B	$1.00B	$939.0M	$962.0M	$1.01B	$860.4M	$1.29B	$1.24B
Long-term debt	$487.0M	$486.0M	$290.0M	$304.0M	$308.0M	$311.0M	$315.0M	$235.0M	$235.0M	$235.0M	$236.0M	$236.0M
Lease obligations	$22.0M	$23.0M	$32.0M	$34.0M	$40.0M	$41.0M	$42.0M	$46.0M	$43.0M	$41.0M	$43.0M	$38.0M
Other long-term liabilities	$86.0M	$76.0M	$98.0M	$354.0M	$346.0M	$345.0M	$413.0M	$434.0M	$409.1M	$346.6M	$430.0M	$401.0M
Total liabilities	$1.44B	$1.34B	$1.30B	$1.62B	$1.71B	$1.66B	$1.67B	$1.63B	$1.66B	$1.44B	$1.96B	$1.88B
Shareholders' equity
Common stock & paid-in capital	—	—	$62.0M	$62.0M	$62.0M	$62.0M	$62.0M	$65.0M	$67.0M	$67.9M	$68.0M	$69.0M
Retained earnings (deficit)	−$334.0M	−$280.0M	−$243.0M	−$346.0M	−$388.0M	−$406.0M	−$454.0M	$1.07B	$1.12B	$1.26B	−$295.0M	$1.23B
Accumulated other comprehensive income	−$28.0M	−$29.0M	−$30.0M	−$32.0M	−$33.0M	−$35.0M	−$46.0M	−$1.31B	−$1.32B	−$1.32B	−$1.35B	−$1.34B
Total shareholders' equity	−$208.0M	−$144.0M	−$98.0M	−$207.0M	−$258.0M	−$286.0M	−$348.0M	−$167.0M	−$121.0M	$10.0M	−$191.0M	−$24.0M
Key figures
Total debt	$509.0M	$509.0M	$351.0M	$356.0M	$366.0M	$370.0M	$375.0M	$284.0M	$281.0M	$278.8M	$283.0M	$277.0M
Net cash (debt)	−$287.0M	−$334.0M	−$156.0M	$89.0M	$144.0M	$3.0M	−$55.0M	$34.0M	$98.0M	$51.0M	$127.0M	$445.0M
Working capital	−$143.0M	−$112.0M	−$262.0M	−$43.0M	−$105.0M	−$122.0M	−$100.0M	−$163.0M	−$148.0M	−$65.0M	−$24.0M	−$19.0M
Tangible book value	−$210.0M	−$148.0M	−$102.0M	−$209.0M	−$265.0M	−$293.0M	−$355.0M	−$357.0M	−$339.0M	−$220.0M	−$209.0M	−$242.0M
Book value per share	−$1.61	−$1.12	−$0.78	−$1.60	−$2.09	−$2.31	−$2.72	−$1.25	−$0.90	$0.07	−$1.35	−$0.17
Shares outstanding	129.0M	129.0M	125.0M	129.0M	123.7M	123.7M	128.1M	133.6M	134.8M	138.7M	141.9M	137.7M
Current ratio	0.84	0.86	0.71	0.96	0.90	0.88	0.89	0.83	0.85	0.92	0.98	0.98
Quick ratio	0.59	0.59	0.49	0.74	0.71	0.61	0.61	0.59	0.63	0.67	0.51	0.79
Debt / equity	—	—	—	—	—	—	—	—	—	27.90	—	—
Equity / assets	−16.9%	−12.0%	−8.1%	−14.6%	−17.8%	−20.8%	−26.4%	−11.4%	−7.9%	0.7%	−10.8%	−1.3%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.

INDV financial position

At the end of fiscal 2025 (December 31, 2025), Indivior had total assets of $1.2 billion (down 8.7% from a year earlier), total liabilities of $1.3 billion and shareholders' equity of -$98.0 million. It held $195.0 million in cash and short-term investments against $351.0 million of debt, net debt of $156.0 million. Its current ratio was 0.71. In the latest quarter (ended June 30, 2026) total assets were $1.2 billion and equity -$208.0 million.

Related: INDV income statement, INDV cash flow statement, INDV key metrics. See the INDV stock overview for the latest quote and news.

INDV balance sheet FAQ

What are Indivior's total assets?

Indivior reported total assets of $1.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.3 billion a year earlier.

How much debt does Indivior have?

Indivior had $351.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.

How much cash does Indivior have?

Indivior held $195.0 million in cash and short-term investments at the end of fiscal 2025; with $351.0 million of debt that is net debt of $156.0 million.

What is Indivior's book value?

Indivior's shareholders' equity (book value) was -$98.0 million at the end of fiscal 2025, or −$0.77 per share.

What is Indivior's current ratio?

Indivior had current assets of $652.0 million and current liabilities of $914.0 million, a current ratio of 0.71 (current liabilities exceed current assets).

How much goodwill does Indivior have?

Indivior carried $4.0 million of goodwill and intangible assets, 0.3% of total assets, at the end of fiscal 2025.