Innovex International, Stock Return On Asset
| INVX Stock | 13.56 0.16 1.19% |
Innovex International, fundamentals help investors to digest information that contributes to Innovex International,'s financial success or failures. It also enables traders to predict the movement of Innovex Stock. The fundamental analysis module provides a way to measure Innovex International,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovex International, stock.
Return On Assets is likely to drop to 0.0006 in 2024. Innovex | Return On Asset |
Innovex International, Company Return On Asset Analysis
Innovex International,'s Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Innovex International, Return On Asset | 0.0562 |
Most of Innovex International,'s fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovex International, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Innovex Return On Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Innovex International, is extremely important. It helps to project a fair market value of Innovex Stock properly, considering its historical fundamentals such as Return On Asset. Since Innovex International,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovex International,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovex International,'s interrelated accounts and indicators.
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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Innovex Total Assets
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Based on the latest financial disclosure, Innovex International, has a Return On Asset of 0.0562. This is 40.5% higher than that of the Energy Equipment & Services sector and 102.25% lower than that of the Energy industry. The return on asset for all United States stocks is 140.14% lower than that of the firm.
Innovex Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovex International,'s direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovex International, could also be used in its relative valuation, which is a method of valuing Innovex International, by comparing valuation metrics of similar companies.Innovex International, is currently under evaluation in return on asset category among its peers.
Innovex Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0562 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 883.4 M | ||||
| Shares Outstanding | 66.64 M | ||||
| Shares Owned By Insiders | 2.16 % | ||||
| Shares Owned By Institutions | 89.47 % | ||||
| Number Of Shares Shorted | 1.49 M | ||||
| Price To Book | 1.01 X | ||||
| Price To Sales | 1.68 X | ||||
| Revenue | 424.06 M | ||||
| EBITDA | 43.94 M | ||||
| Net Income | 604 K | ||||
| Cash And Equivalents | 918 K | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 2.31 M | ||||
| Current Ratio | 0.17 X | ||||
| Book Value Per Share | 13.47 X | ||||
| Cash Flow From Operations | 7.73 M | ||||
| Short Ratio | 4.15 X | ||||
| Earnings Per Share | 1.05 X | ||||
| Target Price | 28.33 | ||||
| Beta | 0.84 | ||||
| Market Capitalization | 1.09 B | ||||
| Total Asset | 1.03 B | ||||
| Retained Earnings | 950.72 M | ||||
| Working Capital | 197.37 M | ||||
| Current Asset | 10.14 M | ||||
| Current Liabilities | 59.39 M | ||||
| Net Asset | 1.03 B |
About Innovex International, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovex International,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovex International, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovex International, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Innovex International,'s price analysis, check to measure Innovex International,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.