Inovalis Historical Financial Ratios
INO-UN Stock | CAD 0.77 0.01 1.28% |
Inovalis Real is lately reporting on over 88 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.21 or Days Sales Outstanding of 76.51 will help investors to properly organize and evaluate Inovalis Real Estate financial condition quickly.
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About Inovalis Financial Ratios Analysis
Inovalis Real EstateFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Inovalis Real investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Inovalis financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Inovalis Real history.
Inovalis Real Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Inovalis Real Estate stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Inovalis Real sales, a figure that is much harder to manipulate than other Inovalis Real Estate multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Inovalis Real Estate dividend as a percentage of Inovalis Real stock price. Inovalis Real Estate dividend yield is a measure of Inovalis Real stock productivity, which can be interpreted as interest rate earned on an Inovalis Real investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities.Most ratios from Inovalis Real's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Inovalis Real Estate current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Inovalis Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. At present, Inovalis Real's Dividend Yield is projected to increase slightly based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 12.86, whereas Price To Sales Ratio is forecasted to decline to 1.57.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.12 | 0.18 | 0.24 | 0.26 | Price To Sales Ratio | 9.04 | 3.96 | 1.65 | 1.57 |
Inovalis Real fundamentals Correlations
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Inovalis Real Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inovalis Real fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 7.57 | 7.28 | 9.04 | 3.96 | 1.65 | 1.57 | |
Dividend Yield | 0.0643 | 0.0867 | 0.12 | 0.18 | 0.24 | 0.26 | |
Days Sales Outstanding | 334.58 | 90.74 | 132.82 | 131.54 | 117.66 | 76.51 | |
Book Value Per Share | 13.82 | 12.91 | 10.67 | 8.82 | 7.59 | 12.86 | |
Free Cash Flow Yield | 0.0293 | 0.0232 | (0.36) | 0.17 | 0.0717 | 0.0732 | |
Operating Cash Flow Per Share | 0.89 | 0.97 | (0.0913) | (0.24) | 0.66 | 0.12 | |
Ev To Sales | 14.21 | 13.11 | 12.83 | 10.31 | 7.82 | 13.55 | |
Free Cash Flow Per Share | 0.89 | 0.31 | 0.21 | (3.48) | 0.66 | 0.12 | |
Roic | 0.084 | 0.0136 | 0.011 | 0.0219 | 0.00773 | 0.007343 | |
Net Income Per Share | 1.51 | 0.62 | 0.94 | (1.13) | (0.91) | (0.87) | |
Payables Turnover | 1.71 | 2.1 | 1.51 | 1.35 | 2.32 | 2.28 | |
Cash Per Share | 3.47 | 2.76 | 2.36 | 1.45 | 0.39 | 0.37 | |
Pocfratio | 10.94 | (97.77) | (39.37) | 5.75 | 13.95 | 14.65 | |
Interest Coverage | 5.24 | 0.9 | 1.01 | 2.09 | 0.34 | 0.32 | |
Payout Ratio | 0.45 | 1.24 | 1.21 | (0.6) | (0.45) | (0.43) | |
Pfcf Ratio | 34.12 | 43.14 | (2.76) | 5.75 | 13.95 | 10.56 | |
Days Payables Outstanding | 213.67 | 173.84 | 241.96 | 269.89 | 157.0 | 147.5 | |
Roe | 0.11 | 0.0485 | 0.088 | (0.13) | (0.12) | (0.11) | |
Ev To Operating Cash Flow | 20.53 | (175.92) | (55.86) | 14.99 | 66.07 | 69.37 | |
Pe Ratio | 7.05 | 14.32 | 10.27 | (3.33) | (1.87) | (1.77) | |
Return On Tangible Assets | 0.0257 | 0.0128 | 0.0258 | (0.033) | (0.0613) | (0.0583) | |
Ev To Free Cash Flow | 64.01 | 77.63 | (3.92) | 14.99 | 66.07 | 69.37 | |
Net Debt To E B I T D A | 4.91 | 11.87 | 3.64 | 12.19 | (9.49) | (9.02) | |
Current Ratio | 1.15 | 2.11 | 1.65 | 0.89 | 0.34 | 0.32 | |
Tangible Book Value Per Share | 43.27 | 37.32 | 28.78 | 25.99 | 7.59 | 7.21 | |
Receivables Turnover | 1.09 | 4.02 | 2.75 | 2.77 | 3.1 | 2.95 | |
Graham Number | 16.66 | 21.64 | 13.43 | 14.96 | 12.45 | 19.26 | |
Shareholders Equity Per Share | 13.77 | 12.86 | 10.63 | 8.78 | 7.56 | 12.84 | |
Debt To Equity | 0.52 | 0.58 | 0.45 | 0.3 | 0.48 | 0.34 |
Pair Trading with Inovalis Real
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inovalis Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inovalis Real will appreciate offsetting losses from the drop in the long position's value.Moving against Inovalis Stock
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The ability to find closely correlated positions to Inovalis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inovalis Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inovalis Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inovalis Real Estate to buy it.
The correlation of Inovalis Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inovalis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inovalis Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inovalis Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Inovalis Stock
Inovalis Real EstateFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Inovalis Real investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Inovalis financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Inovalis Real history.