Invengo Non Current Assets Total vs Long Term Debt Analysis

002161 Stock   6.06  0.06  1.00%   
Invengo Information financial indicator trend analysis is infinitely more than just investigating Invengo Information recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Invengo Information is a good investment. Please check the relationship between Invengo Information Non Current Assets Total and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invengo Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Long Term Debt

Non Current Assets Total vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Invengo Information Non Current Assets Total account and Long Term Debt. At this time, the significance of the direction appears to have strong relationship.
The correlation between Invengo Information's Non Current Assets Total and Long Term Debt is 0.6. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Invengo Information Technology, assuming nothing else is changed. The correlation between historical values of Invengo Information's Non Current Assets Total and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Invengo Information Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Non Current Assets Total i.e., Invengo Information's Non Current Assets Total and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Long Term Debt

Long-term debt is a debt that Invengo Information has held for over one year. Long-term debt appears on Invengo Information Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Invengo Information Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most indicators from Invengo Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Invengo Information current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invengo Information Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 28, 2024, Selling General Administrative is expected to decline to about 30.8 M. In addition to that, Tax Provision is expected to decline to about 748.5 K
 2021 2022 2023 2024 (projected)
Interest Expense36.8M41.9M37.8M39.7M
Depreciation And Amortization62.8M42.3M40.6M34.1M

Invengo Information fundamental ratios Correlations

0.680.130.770.80.650.470.520.570.560.70.350.890.520.350.560.650.410.690.620.560.280.150.740.780.69
0.680.060.90.20.860.350.360.930.080.50.250.720.160.220.940.43-0.150.360.940.220.18-0.270.970.390.94
0.130.060.140.09-0.20.03-0.290.07-0.190.42-0.020.140.34-0.080.0-0.120.240.14-0.080.450.220.260.050.060.11
0.770.90.140.340.810.190.60.890.170.640.090.80.430.070.740.39-0.050.450.790.510.38-0.140.960.440.89
0.80.20.090.340.240.460.230.050.770.550.430.570.550.360.070.560.80.780.140.580.220.520.270.80.29
0.650.86-0.20.810.240.190.590.850.330.310.090.570.150.00.860.63-0.130.270.950.00.1-0.390.920.510.77
0.470.350.030.190.460.19-0.150.180.040.390.470.54-0.280.280.380.10.50.580.310.06-0.180.260.260.210.33
0.520.36-0.290.60.230.59-0.150.430.250.15-0.160.520.29-0.160.290.34-0.140.190.420.230.17-0.140.550.320.36
0.570.930.070.890.050.850.180.430.010.51-0.120.670.180.050.870.27-0.280.190.890.190.31-0.460.940.220.79
0.560.08-0.190.170.770.330.040.250.010.240.210.180.50.330.010.790.570.450.140.240.150.070.170.870.09
0.70.50.420.640.550.310.390.150.510.240.020.740.620.070.30.140.30.480.310.790.620.20.530.390.53
0.350.25-0.020.090.430.090.47-0.16-0.120.210.020.16-0.050.450.250.450.330.490.190.08-0.340.490.140.470.44
0.890.720.140.80.570.570.540.520.670.180.740.160.380.240.60.260.20.550.610.550.350.120.750.40.69
0.520.160.340.430.550.15-0.280.290.180.50.62-0.050.380.03-0.060.310.20.210.030.780.630.320.270.50.27
0.350.22-0.080.070.360.00.28-0.160.050.330.070.450.240.030.180.330.230.260.120.14-0.23-0.030.10.360.15
0.560.940.00.740.070.860.380.290.870.010.30.250.6-0.060.180.43-0.220.230.98-0.050.0-0.350.890.310.83
0.650.43-0.120.390.560.630.10.340.270.790.140.450.260.310.330.430.270.370.530.04-0.11-0.110.480.930.45
0.41-0.150.24-0.050.8-0.130.5-0.14-0.280.570.30.330.20.20.23-0.220.270.74-0.190.350.050.53-0.110.55-0.1
0.690.360.140.450.780.270.580.190.190.450.480.490.550.210.260.230.370.740.260.530.160.470.380.610.47
0.620.94-0.080.790.140.950.310.420.890.140.310.190.610.030.120.980.53-0.190.26-0.030.05-0.380.930.40.83
0.560.220.450.510.580.00.060.230.190.240.790.080.550.780.14-0.050.040.350.53-0.030.60.50.280.350.36
0.280.180.220.380.220.1-0.180.170.310.150.62-0.340.350.63-0.230.0-0.110.050.160.050.60.080.250.080.19
0.15-0.270.26-0.140.52-0.390.26-0.14-0.460.070.20.490.120.32-0.03-0.35-0.110.530.47-0.380.50.08-0.260.140.0
0.740.970.050.960.270.920.260.550.940.170.530.140.750.270.10.890.48-0.110.380.930.280.25-0.260.450.91
0.780.390.060.440.80.510.210.320.220.870.390.470.40.50.360.310.930.550.610.40.350.080.140.450.45
0.690.940.110.890.290.770.330.360.790.090.530.440.690.270.150.830.45-0.10.470.830.360.190.00.910.45
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Invengo Information Account Relationship Matchups

Invengo Information fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.6B2.8B2.7B2.8B2.7B1.7B
Short Long Term Debt Total288.7M550.2M906.8M923.0M756.7M794.5M
Other Current Liab27.5M1.6M5.3M80.5M5.3M5.1M
Total Current Liabilities424.9M883.5M747.3M758.9M763.2M801.3M
Total Stockholder Equity2.0B1.5B1.5B1.4B1.5B1.2B
Other Liab154.6M229.7M195.1M185.4M213.2M223.8M
Property Plant And Equipment Net137.4M133.1M247.8M294.3M360.9M187.4M
Current Deferred Revenue76.8M433.1M110.9M55.4M122.5M78.0M
Net Debt(17.5M)363.3M472.4M551.8M491.2M515.8M
Retained Earnings811.7M369.1M304.6M274.6M302.7M279.8M
Accounts Payable87.9M65.9M78.5M102.3M139.8M72.8M
Cash306.2M186.9M434.3M371.2M265.4M276.5M
Non Current Assets Total769.3M1.6B1.6B1.7B1.7B902.2M
Non Currrent Assets Other1.0B622.9M362.1M348.2M330.6M354.2M
Other Assets76.3M1.072.2M97.0M106.0M0.95
Long Term Debt56.0M167.2M351.5M392.0M255.5M268.3M
Cash And Short Term Investments1.3B697.1M734.3M665.2M540.1M405.4M
Net Receivables402.4M256.0M245.9M276.8M272.7M274.6M
Common Stock Shares Outstanding739.8M739.8M729.6M731.7M739.9M744.5M
Liabilities And Stockholders Equity2.6B2.8B2.7B2.8B2.7B1.7B
Non Current Liabilities Total210.6M396.9M549.2M587.7M468.1M491.5M
Inventory186.2M188.1M141.8M184.7M176.0M155.8M
Other Current Assets5.4M3.3M1.0M1.3M6.0M6.3M
Other Stockholder Equity504.7M295.1M305.1M299.1M289.2M331.1M
Total Liab635.5M1.3B1.3B1.3B1.2B1.3B
Total Current Assets1.9B1.1B1.1B1.1B994.8M837.3M
Short Term Debt232.7M383.0M552.7M520.7M495.5M520.3M
Intangible Assets116.1M690.6M630.7M614.0M592.6M622.2M
Property Plant Equipment137.4M133.1M247.8M294.3M338.4M187.8M
Short Term Investments964.5M510.1M299.9M294.0M274.7M292.2M
Net Tangible Assets1.9B677.3M684.6M701.7M631.5M935.1M
Deferred Long Term Liab14.5M15.5M16.4M16.5M19.0M14.7M
Short Long Term Debt232.7M342.9M456M375.8M462.0M392.2M
Non Current Liabilities Other2.4M52.5M56.0M28.6M32.8M31.3M
Net Invested Capital2.3B2.0B2.3B2.2B2.2B2.3B
Net Working Capital1.4B260.9M375.7M369.1M231.6M364.8M

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Other Information on Investing in Invengo Stock

Balance Sheet is a snapshot of the financial position of Invengo Information at a specified time, usually calculated after every quarter, six months, or one year. Invengo Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Invengo Information and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Invengo currently owns. An asset can also be divided into two categories, current and non-current.