Innovex Current Deferred Revenue vs Revenue Per Share Analysis

INVX Stock   13.97  0.16  1.16%   
Innovex International, financial indicator trend analysis is infinitely more than just investigating Innovex International, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovex International, is a good investment. Please check the relationship between Innovex International, Current Deferred Revenue and its Revenue Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovex International,. 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.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Current Deferred Revenue vs Revenue Per Share

Current Deferred Revenue vs Revenue Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovex International, Current Deferred Revenue account and Revenue Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Innovex International,'s Current Deferred Revenue and Revenue Per Share is -0.34. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Revenue Per Share in the same time period over historical financial statements of Innovex International,, assuming nothing else is changed. The correlation between historical values of Innovex International,'s Current Deferred Revenue and Revenue Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Innovex International, are associated (or correlated) with its Revenue Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Revenue Per Share has no effect on the direction of Current Deferred Revenue i.e., Innovex International,'s Current Deferred Revenue and Revenue Per Share go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.
Most indicators from Innovex International,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovex International, 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 Innovex International,. 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.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.Tax Provision is expected to decline to about 7.4 M this year. Selling General Administrative is expected to decline to about 64.7 M this year
 2021 2022 2023 2024 (projected)
Interest Expense2.2M4.0M4.6M4.9M
Depreciation And Amortization17.7M18.5M30.5M27.1M

Innovex International, fundamental ratios Correlations

-0.780.580.581.00.97-0.3-0.930.960.070.920.950.880.020.930.820.53-0.740.870.84-0.450.121.00.610.930.27
-0.78-0.42-0.4-0.8-0.840.010.8-0.79-0.02-0.77-0.74-0.630.15-0.78-0.62-0.360.94-0.61-0.630.420.19-0.77-0.21-0.84-0.09
0.58-0.420.940.520.62-0.13-0.320.380.130.290.390.40.130.290.690.74-0.480.830.60.130.660.620.550.620.42
0.58-0.40.940.520.6-0.06-0.340.40.350.310.450.430.110.320.710.72-0.410.760.490.130.760.610.470.640.38
1.0-0.80.520.520.97-0.3-0.950.980.030.940.950.880.030.950.790.5-0.770.840.84-0.490.030.990.60.930.26
0.97-0.840.620.60.97-0.19-0.90.930.020.890.930.90.00.890.780.55-0.790.860.81-0.420.110.960.530.960.28
-0.30.01-0.13-0.06-0.3-0.190.19-0.33-0.09-0.19-0.26-0.13-0.12-0.19-0.36-0.110.09-0.32-0.20.310.04-0.3-0.67-0.09-0.19
-0.930.8-0.32-0.34-0.95-0.90.19-0.950.1-0.99-0.93-0.88-0.15-0.99-0.62-0.480.77-0.67-0.710.510.18-0.91-0.48-0.9-0.17
0.96-0.790.380.40.980.93-0.33-0.950.060.940.950.870.030.950.760.4-0.750.740.81-0.64-0.090.950.530.880.18
0.07-0.020.130.350.030.02-0.090.10.06-0.110.1-0.06-0.38-0.080.42-0.190.150.0-0.10.020.490.07-0.210.04-0.27
0.92-0.770.290.310.940.89-0.19-0.990.94-0.110.930.890.091.00.60.42-0.730.670.71-0.51-0.170.90.470.870.16
0.95-0.740.390.450.950.93-0.26-0.930.950.10.930.92-0.010.940.680.4-0.670.730.69-0.490.030.910.520.890.2
0.88-0.630.40.430.880.9-0.13-0.880.87-0.060.890.920.080.890.60.41-0.550.690.66-0.460.090.850.440.850.21
0.020.150.130.110.030.0-0.12-0.150.03-0.380.09-0.010.080.07-0.090.67-0.020.050.09-0.03-0.10.040.360.130.29
0.93-0.780.290.320.950.89-0.19-0.990.95-0.081.00.940.890.070.610.41-0.730.660.7-0.52-0.170.90.460.880.15
0.82-0.620.690.710.790.78-0.36-0.620.760.420.60.680.6-0.090.610.43-0.520.760.75-0.310.40.850.470.770.07
0.53-0.360.740.720.50.55-0.11-0.480.4-0.190.420.40.410.670.410.43-0.50.660.510.070.280.550.640.650.53
-0.740.94-0.48-0.41-0.77-0.790.090.77-0.750.15-0.73-0.67-0.55-0.02-0.73-0.52-0.5-0.67-0.680.440.24-0.75-0.4-0.77-0.29
0.87-0.610.830.760.840.86-0.32-0.670.740.00.670.730.690.050.660.760.66-0.670.84-0.210.370.890.760.790.56
0.84-0.630.60.490.840.81-0.2-0.710.81-0.10.710.690.660.090.70.750.51-0.680.84-0.490.060.870.60.740.31
-0.450.420.130.13-0.49-0.420.310.51-0.640.02-0.51-0.49-0.46-0.03-0.52-0.310.070.44-0.21-0.490.44-0.43-0.22-0.28-0.06
0.120.190.660.760.030.110.040.18-0.090.49-0.170.030.09-0.1-0.170.40.280.240.370.060.440.140.180.130.17
1.0-0.770.620.610.990.96-0.3-0.910.950.070.90.910.850.040.90.850.55-0.750.890.87-0.430.140.630.930.28
0.61-0.210.550.470.60.53-0.67-0.480.53-0.210.470.520.440.360.460.470.64-0.40.760.6-0.220.180.630.460.63
0.93-0.840.620.640.930.96-0.09-0.90.880.040.870.890.850.130.880.770.65-0.770.790.74-0.280.130.930.460.21
0.27-0.090.420.380.260.28-0.19-0.170.18-0.270.160.20.210.290.150.070.53-0.290.560.31-0.060.170.280.630.21
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Innovex International, Account Relationship Matchups

Innovex International, fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B284.9M436.3M1.0B1.1B
Other Current Liab42.2M35.5M18.4M23.4M42.1M45.8M
Total Current Liabilities96.9M85.5M69.6M85.0M117.7M87.0M
Total Stockholder Equity1.1B1.0B180.6M251.3M881.3M918.2M
Property Plant And Equipment Net263.6M242.0M37.5M69.9M235.1M237.2M
Current Deferred Revenue6.9M11.3M9.7M8.0M7.6M11.1M
Net Debt(397.4M)(344.7M)25.5M73.0M(189.1M)(198.5M)
Retained Earnings1.2B1.1B8.7M72.0M950.7M858.4M
Accounts Payable46.3M37.4M38.3M41.7M65.7M40.8M
Cash398.9M346.0M9.7M8.4M191.4M265.3M
Non Current Assets Total326.1M288.0M92.0M153.9M308.5M273.5M
Non Currrent Assets Other13.5M10.9M(9.5M)3.5M5.8M8.7M
Cash And Short Term Investments398.9M346.0M9.7M8.4M217.3M266.7M
Net Receivables248.2M256.5M82.7M126.2M284.0M216.8M
Common Stock Shares Outstanding36.2M35.3M35.3M34.2M34.5M30.4M
Liabilities And Stockholders Equity