IPW
iPower Inc. (IPW) SWOT Analysis Analysis (2026)
No material changes this month.
Overall Score
Strengths
Current ratio of 2.10 and quick ratio of 1.72 indicate adequate short-term liquidity.
Gross profit margin of 39.95% remains solid for the business model.
Debt-to-equity of 0.45 suggests leverage is manageable.
Enterprise value to sales of 0.21 implies a very low valuation multiple.
Weaknesses
TTM operating margin of -25.81% and net margin of -23.43% remain deeply negative.
Return on equity of -44.74% and return on invested capital of -32.87% show poor capital efficiency.
Interest coverage of -11.99x indicates earnings are not covering interest expense.
Income quality remains extremely weak, with TTM income quality at -53,799.64.
Opportunities
The extremely low EV/sales multiple could offer upside if profitability improves.
Strong liquidity provides flexibility to stabilize operations or invest in turnaround initiatives.
High gross margin leaves room for operating leverage if SG&A is reduced.
Threats
Persistent negative profitability increases the risk of further dilution or balance-sheet stress.
Cash conversion cycle of 66.98 days and DSO of 75.52 days suggest working-capital drag.
Negative solvency ratio of -0.42 highlights ongoing financial fragility.
No recent news was provided, so near-term catalysts or risks are not visible from this update.
Sources
- Company filings (10-K, 10-Q, investor presentations)
- Financial and market data providers
- Public news and industry information
🔒 Go Beyond This Framework
This is one of 10 institutional-grade frameworks Invetso runs on iPower Inc.. Unlock the complete analysis — SWOT, Economic Moat, Porter’s Five Forces, Management, PESTLE and the Invetso Quality Score.