Innova Investments vs Capital Expenditures Analysis

INNOVACAP

1,056 80.80 8.28%

Innova Captab financial indicator trend analysis is infinitely more than just investigating Innova Captab Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innova Captab Limited is a good investment. Please check the relationship between Innova Captab Investments and its Capital Expenditures accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innova Captab Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innova Captab Limited Investments account and Capital Expenditures. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Innova Captab's Investments and Capital Expenditures is -0.58. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Innova Captab Limited, assuming nothing else is changed. The correlation between historical values of Innova Captab's Investments and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Innova Captab Limited are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Investments i.e., Innova Captab's Investments and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

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Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Capital Expenditures

Capital Expenditures are funds used by Innova Captab Limited to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Innova Captab operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Innova Captab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innova Captab Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innova Captab Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At present, Innova Captab's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Interest Expense	53.0M	199.7M	214.6M	124.5M
Depreciation And Amortization	75.0M	110.8M	159.6M	109.6M

Interest Expense Depreciation And Amortization

Innova Captab fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		0.7	0.37	0.85	0.88	0.84	0.96	0.89	0.91	0.95	0.93	0.93	0.22	0.48	0.89	0.94	0.82	0.91	-0.39	0.69	0.87	0.93	0.93	0.94	0.98	0.91
Other Current Liab	0.7		0.04	0.72	0.7	0.66	0.81	0.63	0.79	0.72	0.72	0.87	-0.44	0.91	0.69	0.71	0.17	0.64	-0.91	0.41	0.88	0.79	0.77	0.7	0.74	0.68
Total Current Liabilities	0.37	0.04		0.18	0.28	0.72	0.36	0.43	0.31	0.51	0.47	0.35	0.53	0.24	0.34	0.59	0.53	0.67	0.01	0.07	0.46	0.43	0.44	0.45	0.49	0.44
Total Stockholder Equity	0.85	0.72	0.18		0.99	0.62	0.88	0.7	0.98	0.75	0.94	0.82	0.08	0.57	0.96	0.73	0.55	0.76	-0.49	0.92	0.72	0.94	0.94	0.74	0.83	0.94
Property Plant And Equipment Net	0.88	0.7	0.28	0.99		0.68	0.9	0.76	0.99	0.8	0.97	0.84	0.14	0.56	0.98	0.78	0.62	0.81	-0.45	0.91	0.75	0.96	0.97	0.78	0.87	0.97
Net Debt	0.84	0.66	0.72	0.62	0.68		0.86	0.81	0.76	0.92	0.84	0.89	0.21	0.65	0.72	0.97	0.67	0.96	-0.49	0.34	0.94	0.85	0.84	0.89	0.92	0.8
Accounts Payable	0.96	0.81	0.36	0.88	0.9	0.86		0.79	0.94	0.91	0.93	0.99	0.15	0.65	0.87	0.92	0.66	0.93	-0.58	0.66	0.93	0.96	0.95	0.97	0.97	0.89
Cash	0.89	0.63	0.43	0.7	0.76	0.81	0.79		0.79	0.96	0.86	0.79	0.01	0.46	0.86	0.92	0.76	0.79	-0.31	0.54	0.82	0.82	0.83	0.74	0.89	0.88
Non Current Assets Total	0.91	0.79	0.31	0.98	0.99	0.76	0.94	0.79		0.86	0.98	0.9	0.06	0.66	0.97	0.84	0.59	0.85	-0.56	0.83	0.84	0.99	0.99	0.83	0.91	0.97
Non Currrent Assets Other	0.95	0.72	0.51	0.75	0.8	0.92	0.91	0.96	0.86		0.91	0.91	0.1	0.57	0.87	0.99	0.77	0.92	-0.43	0.54	0.93	0.9	0.9	0.89	0.97	0.9
Long Term Debt	0.93	0.72	0.47	0.94	0.97	0.84	0.93	0.86	0.98	0.91		0.9	0.16	0.62	0.98	0.91	0.69	0.92	-0.47	0.79	0.86	0.99	1.0	0.85	0.95	0.99
Net Receivables	0.93	0.87	0.35	0.82	0.84	0.89	0.99	0.79	0.9	0.91	0.9		0.03	0.74	0.82	0.93	0.59	0.92	-0.67	0.55	0.97	0.94	0.93	0.95	0.96	0.85
Good Will	0.22	-0.44	0.53	0.08	0.14	0.21	0.15	0.01	0.06	0.1	0.16	0.03		-0.46	0.08	0.16	0.63	0.35	0.57	0.23	-0.07	0.12	0.12	0.31	0.2	0.14
Common Stock Shares Outstanding	0.48	0.91	0.24	0.57	0.56	0.65	0.65	0.46	0.66	0.57	0.62	0.74	-0.46		0.56	0.6	-0.04	0.59	-0.96	0.25	0.8	0.69	0.68	0.54	0.59	0.57
Short Term Investments	0.89	0.69	0.34	0.96	0.98	0.72	0.87	0.86	0.97	0.87	0.98	0.82	0.08	0.56		0.83	0.66	0.81	-0.42	0.86	0.78	0.96	0.96	0.75	0.88	0.99
Non Current Liabilities Total	0.94	0.71	0.59	0.73	0.78	0.97	0.92	0.92	0.84	0.99	0.91	0.93	0.16	0.6	0.83		0.76	0.96	-0.46	0.49	0.95	0.9	0.9	0.92	0.98	0.88
Capital Lease Obligations	0.82	0.17	0.53	0.55	0.62	0.67	0.66	0.76	0.59	0.77	0.69	0.59	0.63	-0.04	0.66	0.76		0.75	0.2	0.54	0.53	0.64	0.65	0.73	0.77	0.7
Inventory	0.91	0.64	0.67	0.76	0.81	0.96	0.93	0.79	0.85	0.92	0.92	0.92	0.35	0.59	0.81	0.96	0.75		-0.43	0.54	0.91	0.92	0.92	0.95	0.96	0.87
Other Current Assets	-0.39	-0.91	0.01	-0.49	-0.45	-0.49	-0.58	-0.31	-0.56	-0.43	-0.47	-0.67	0.57	-0.96	-0.42	-0.46	0.2	-0.43		-0.16	-0.71	-0.57	-0.55	-0.46	-0.47	-0.42
Other Stockholder Equity	0.69	0.41	0.07	0.92	0.91	0.34	0.66	0.54	0.83	0.54	0.79	0.55	0.23	0.25	0.86	0.49	0.54	0.54	-0.16		0.41	0.76	0.77	0.52	0.62	0.82
Total Liab	0.87	0.88	0.46	0.72	0.75	0.94	0.93	0.82	0.84	0.93	0.86	0.97	-0.07	0.8	0.78	0.95	0.53	0.91	-0.71	0.41		0.9	0.89	0.9	0.93	0.82
Net Invested Capital	0.93	0.79	0.43	0.94	0.96	0.85	0.96	0.82	0.99	0.9	0.99	0.94	0.12	0.69	0.96	0.9	0.64	0.92	-0.57	0.76	0.9		1.0	0.88	0.95	0.97
Property Plant And Equipment Gross	0.93	0.77	0.44	0.94	0.97	0.84	0.95	0.83	0.99	0.9	1.0	0.93	0.12	0.68	0.96	0.9	0.65	0.92	-0.55	0.77	0.89	1.0		0.87	0.95	0.98
Short Long Term Debt	0.94	0.7	0.45	0.74	0.78	0.89	0.97	0.74	0.83	0.89	0.85	0.95	0.31	0.54	0.75	0.92	0.73	0.95	-0.46	0.52	0.9	0.88	0.87		0.96	0.79
Total Current Assets	0.98	0.74	0.49	0.83	0.87	0.92	0.97	0.89	0.91	0.97	0.95	0.96	0.2	0.59	0.88	0.98	0.77	0.96	-0.47	0.62	0.93	0.95	0.95	0.96		0.92
Capital Stock	0.91	0.68	0.44	0.94	0.97	0.8	0.89	0.88	0.97	0.9	0.99	0.85	0.14	0.57	0.99	0.88	0.7	0.87	-0.42	0.82	0.82	0.97	0.98	0.79	0.92

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Innova Captab Account Relationship Matchups

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

C	Citigroup
GM	General Motors
F	Ford Motor

Other Information on Investing in Innova Stock

Balance Sheet is a snapshot of the financial position of Innova Captab Limited at a specified time, usually calculated after every quarter, six months, or one year. Innova Captab Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innova Captab 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 Innova currently owns. An asset can also be divided into two categories, current and non-current.

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Innova Investments vs Capital Expenditures Analysis

Investments vs Capital Expenditures

Investments vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Investments

Capital Expenditures

Innova Captab fundamental ratios Correlations

Innova Captab Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Other Information on Investing in Innova Stock

COMMON DESTINATIONS

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COMPANY

Property Plant And Equipment Gross	+ 1.0	Long Term Debt
Property Plant And Equipment Gross	+ 1.0	Net Invested Capital
Property Plant And Equipment Net	+ 0.99	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Net Receivables	+ 0.99	Accounts Payable
Net Invested Capital	+ 0.99	Non Current Assets Total

Other Current Assets	- 0.96	Common Stock Shares Outstanding
Other Current Assets	- 0.91	Other Current Liab
Total Liab	- 0.71	Other Current Assets
Other Current Assets	- 0.67	Net Receivables
Other Current Assets	- 0.58	Accounts Payable
Net Invested Capital	- 0.57	Other Current Assets