Innovid Cost Of Revenue vs Net Income Analysis
CTV Stock | USD 3.07 0.01 0.33% |
Innovid Corp financial indicator trend analysis is infinitely more than just investigating Innovid Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovid Corp is a good investment. Please check the relationship between Innovid Corp Cost Of Revenue and its Net Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovid Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.
Cost Of Revenue vs Net Income
Cost Of Revenue vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovid Corp Cost Of Revenue account and Net Income. At this time, the significance of the direction appears to have pay attention.
The correlation between Innovid Corp's Cost Of Revenue and Net Income is -0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Net Income in the same time period over historical financial statements of Innovid Corp, assuming nothing else is changed. The correlation between historical values of Innovid Corp's Cost Of Revenue and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Innovid Corp are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Cost Of Revenue i.e., Innovid Corp's Cost Of Revenue and Net Income go up and down completely randomly.
Correlation Coefficient | -0.87 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Innovid Corp income statement and represents the costs associated with goods and services Innovid Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Innovid Corp financial statement analysis. It represents the amount of money remaining after all of Innovid Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most indicators from Innovid Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovid Corp 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 Innovid Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.Tax Provision is likely to climb to about 4.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 661K | 5.6M | 13.0M | 13.6M | Interest Income | 4.4M | 13.3M | 15.4M | 16.1M |
Innovid Corp fundamental ratios Correlations
Click cells to compare fundamentals
Innovid Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Innovid Stock Analysis
When running Innovid Corp's price analysis, check to measure Innovid Corp'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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.