Innova Total Stockholder Equity vs Net Invested Capital 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 Total Stockholder Equity and its Net Invested Capital 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.
Total Stockholder Equity vs Net Invested Capital
Total Stockholder Equity vs Net Invested Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innova Captab Limited Total Stockholder Equity account and Net Invested Capital. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Innova Captab's Total Stockholder Equity and Net Invested Capital is 0.94. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Invested Capital 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 Total Stockholder Equity and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Innova Captab Limited are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Stockholder Equity i.e., Innova Captab's Total Stockholder Equity and Net Invested Capital go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.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 |
Innova Captab fundamental ratios Correlations
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Innova Captab Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.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.