Innovex Ptb Ratio vs Free Cash Flow Yield Analysis

INVX Stock

14.88 0.41 2.83%

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, Ptb Ratio and its Free Cash Flow Yield 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.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovex International, Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Innovex International,'s Ptb Ratio and Free Cash Flow Yield is -0.33. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield 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 Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Innovex International, are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Innovex International,'s Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

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.At this time, Innovex International,'s Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 8.71 in 2025, whereas Tax Provision is likely to drop slightly above 7.4 M in 2025.

	2022	2024	2025 (projected)
Interest Expense	4.0M	4.6M	4.9M
Depreciation And Amortization	18.5M	35.0M	27.1M

Interest Expense Depreciation And Amortization

Innovex International, fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will
Total Assets		-0.78	0.56	0.58	1.0	0.97	-0.3	-0.9	0.96	0.1	0.91	0.94	0.87	-0.02	0.92	0.8	0.44	-0.73	0.86	0.82	-0.45	0.13	0.99	0.58	0.93	0.24
Short Long Term Debt Total	-0.78		-0.4	-0.4	-0.8	-0.84	0.02	0.77	-0.79	-0.08	-0.75	-0.74	-0.61	0.13	-0.77	-0.61	-0.28	0.92	-0.59	-0.61	0.42	0.15	-0.77	-0.19	-0.83	-0.06
Other Current Liab	0.56	-0.4		0.93	0.51	0.6	-0.12	-0.33	0.37	0.01	0.3	0.36	0.41	0.13	0.29	0.61	0.71	-0.49	0.83	0.61	0.13	0.6	0.61	0.56	0.62	0.43
Total Current Liabilities	0.58	-0.4	0.93		0.52	0.6	-0.05	-0.35	0.39	0.25	0.31	0.44	0.43	0.15	0.32	0.67	0.64	-0.41	0.76	0.49	0.13	0.73	0.61	0.46	0.64	0.37
Total Stockholder Equity	1.0	-0.8	0.51	0.52		0.97	-0.3	-0.93	0.98	0.05	0.93	0.94	0.87	0.0	0.94	0.77	0.43	-0.76	0.83	0.82	-0.49	0.04	0.99	0.57	0.92	0.24
Property Plant And Equipment Net	0.97	-0.84	0.6	0.6	0.97		-0.2	-0.87	0.93	0.08	0.87	0.93	0.88	-0.04	0.88	0.76	0.45	-0.77	0.85	0.79	-0.41	0.13	0.96	0.5	0.95	0.25
Current Deferred Revenue	-0.3	0.02	-0.12	-0.05	-0.3	-0.2		0.18	-0.33	-0.12	-0.18	-0.27	-0.12	-0.11	-0.19	-0.37	-0.06	0.08	-0.31	-0.19	0.31	0.02	-0.3	-0.63	-0.08	-0.16
Net Debt	-0.9	0.77	-0.33	-0.35	-0.93	-0.87	0.18		-0.92	0.16	-0.99	-0.87	-0.87	-0.17	-0.99	-0.54	-0.5	0.77	-0.67	-0.72	0.51	0.21	-0.89	-0.5	-0.9	-0.2
Retained Earnings	0.96	-0.79	0.37	0.39	0.98	0.93	-0.33	-0.92		0.1	0.93	0.94	0.85	0.0	0.94	0.75	0.31	-0.73	0.73	0.79	-0.64	-0.07	0.95	0.5	0.87	0.15
Accounts Payable	0.1	-0.08	0.01	0.25	0.05	0.08	-0.12	0.16	0.1		-0.14	0.21	-0.11	-0.31	-0.09	0.5	-0.43	0.19	-0.05	-0.17	0.02	0.52	0.07	-0.31	-0.01	-0.36
Cash	0.91	-0.75	0.3	0.31	0.93	0.87	-0.18	-0.99	0.93	-0.14		0.89	0.89	0.06	1.0	0.54	0.41	-0.74	0.67	0.71	-0.51	-0.19	0.9	0.48	0.87	0.17
Non Current Assets Total	0.94	-0.74	0.36	0.44	0.94	0.93	-0.27	-0.87	0.94	0.21	0.89		0.88	-0.06	0.91	0.7	0.26	-0.63	0.7	0.64	-0.48	0.08	0.9	0.45	0.86	0.14
Non Currrent Assets Other	0.87	-0.61	0.41	0.43	0.87	0.88	-0.12	-0.87	0.85	-0.11	0.89	0.88		0.05	0.89	0.54	0.41	-0.55	0.69	0.67	-0.46	0.07	0.85	0.45	0.85	0.23
Other Assets	-0.02	0.13	0.13	0.15	0.0	-0.04	-0.11	-0.17	0.0	-0.31	0.06	-0.06	0.05		0.04	-0.11	0.68	-0.03	0.01	0.05	-0.01	-0.15	0.0	0.32	0.17	0.28
Cash And Short Term Investments	0.92	-0.77	0.29	0.32	0.94	0.88	-0.19	-0.99	0.94	-0.09	1.0	0.91	0.89	0.04		0.57	0.38	-0.73	0.66	0.7	-0.52	-0.17	0.9	0.46	0.88	0.15
Net Receivables	0.8	-0.61	0.61	0.67	0.77	0.76	-0.37	-0.54	0.75	0.5	0.54	0.7	0.54	-0.11	0.57		0.22	-0.46	0.7	0.67	-0.3	0.45	0.82	0.36	0.72	-0.01
Common Stock Shares Outstanding	0.44	-0.28	0.71	0.64	0.43	0.45	-0.06	-0.5	0.31	-0.43	0.41	0.26	0.41	0.68	0.38	0.22		-0.5	0.62	0.51	0.06	0.12	0.48	0.66	0.6	0.57
Non Current Liabilities Total	-0.73	0.92	-0.49	-0.41	-0.76	-0.77	0.08	0.77	-0.73	0.19	-0.74	-0.63	-0.55	-0.03	-0.73	-0.46	-0.5		-0.67	-0.68	0.44	0.26	-0.74	-0.41	-0.77	-0.31
Inventory	0.86	-0.59	0.83	0.76	0.83	0.85	-0.31	-0.67	0.73	-0.05	0.67	0.7	0.69	0.01	0.66	0.7	0.62	-0.67		0.84	-0.21	0.34	0.88	0.76	0.79	0.56
Other Current Assets	0.82	-0.61	0.61	0.49	0.82	0.79	-0.19	-0.72	0.79	-0.17	0.71	0.64	0.67	0.05	0.7	0.67	0.51	-0.68	0.84		-0.49	0.02	0.85	0.61	0.74	0.33
Other Stockholder Equity	-0.45	0.42	0.13	0.13	-0.49	-0.41	0.31	0.51	-0.64	0.02	-0.51	-0.48	-0.46	-0.01	-0.52	-0.3	0.06	0.44	-0.21	-0.49		0.43	-0.43	-0.22	-0.28	-0.06
Total Liab	0.13	0.15	0.6	0.73	0.04	0.13	0.02	0.21	-0.07	0.52	-0.19	0.08	0.07	-0.15	-0.17	0.45	0.12	0.26	0.34	0.02	0.43		0.14	0.11	0.11	0.09
Total Current Assets	0.99	-0.77	0.61	0.61	0.99	0.96	-0.3	-0.89	0.95	0.07	0.9	0.9	0.85	0.0	0.9	0.82	0.48	-0.74	0.88	0.85	-0.43	0.14		0.6	0.92	0.27
Short Term Debt	0.58	-0.19	0.56	0.46	0.57	0.5	-0.63	-0.5	0.5	-0.31	0.48	0.45	0.45	0.32	0.46	0.36	0.66	-0.41	0.76	0.61	-0.22	0.11	0.6		0.46	0.65
Common Stock	0.93	-0.83	0.62	0.64	0.92	0.95	-0.08	-0.9	0.87	-0.01	0.87	0.86	0.85	0.17	0.88	0.72	0.6	-0.77	0.79	0.74	-0.28	0.11	0.92	0.46		0.22
Good Will	0.24	-0.06	0.43	0.37	0.24	0.25	-0.16	-0.2	0.15	-0.36	0.17	0.14	0.23	0.28	0.15	-0.01	0.57	-0.31	0.56	0.33	-0.06	0.09	0.27	0.65	0.22

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Innovex International, Account Relationship Matchups

Innovex International, fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.2B	284.9M	436.3M	1.0B	1.2B	1.1B
Short Long Term Debt Total	1.3M	35.2M	81.4M	2.3M	2.7M	2.5M
Other Current Liab	35.5M	18.4M	23.4M	42.1M	37.9M	45.8M
Total Current Liabilities	85.5M	69.6M	85.0M	117.7M	105.9M	87.0M
Total Stockholder Equity	1.0B	180.6M	251.3M	881.3M	1.0B	918.2M
Property Plant And Equipment Net	242.0M	37.5M	69.9M	235.1M	270.3M	237.2M
Current Deferred Revenue	11.3M	9.7M	8.0M	7.6M	6.8M	11.1M
Net Debt	(344.7M)	25.5M	73.0M	(189.1M)	(170.2M)	(178.7M)
Retained Earnings	1.1B	8.7M	72.0M	950.7M	1.1B	858.4M
Accounts Payable	37.4M	38.3M	41.7M	65.7M	75.6M	40.8M
Cash	346.0M	9.7M	8.4M	191.4M	220.1M	265.3M
Non Current Assets Total	288.0M	92.0M	153.9M	308.5M	354.7M	273.5M
Non Currrent Assets Other	10.9M	(9.5M)	3.5M	5.8M	6.7M	8.7M
Cash And Short Term Investments	346.0M	9.7M	8.4M	217.3M	249.9M	266.7M
Net Receivables	256.5M	82.7M	126.2M	284.0M	326.6M	216.8M
Common Stock Shares Outstanding	35.3M	35.3M	34.2M	34.5M	31.0M	30.4M
Liabilities And Stockholders Equity	1.2B	284.9M	436.3M	1.0B	1.2B	1.1B
Non Current Liabilities Total	24.1M	34.8M	100.0M	29.2M	33.6M	19.5M
Inventory	212.5M	92.3M	136.7M	194.6M	223.8M	261.4M
Other Current Assets	48.2M	8.2M	11.1M	23.8M	27.4M	38.8M
Other Stockholder Equity	65.6M	169.2M	178.8M	100.3M	90.3M	92.0M
Total Liab	109.6M	104.3M	185.0M	146.9M	169.0M	139.1M
Total Current Assets	863.2M	192.9M	282.4M	719.7M	827.7M	783.7M
Accumulated Other Comprehensive Income	(149.7M)	2.5M	318K	(170.1M)	(153.1M)	(145.4M)
Short Term Debt	1.3M	5.8M	14.7M	2.3M	2.7M	2.5M
Common Stock	363K	151K	154K	343K	308.7K	274.0K
Intangible Assets	29.3M	35.9M	49.8M	41.8M	48.1M	40.1M

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Innovex Ptb Ratio vs Free Cash Flow Yield Analysis

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Ptb Ratio

Free Cash Flow Yield

Innovex International, fundamental ratios Correlations

Innovex International, Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Innovex International, fundamental ratios Accounts

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Additional Tools for Innovex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Stockholder Equity
Retained Earnings	+ 0.98	Total Stockholder Equity
Property Plant And Equipment Net	+ 0.97	Total Assets

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.93	Total Stockholder Equity
Retained Earnings	- 0.92	Net Debt
Common Stock	- 0.9	Net Debt
Net Debt	- 0.9	Total Assets