Innovex Revenue Per Share vs Capex To Revenue 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, Revenue Per Share and its Capex To Revenue 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.

Revenue Per Share vs Capex To Revenue

Revenue Per Share vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovex International, Revenue Per Share account and Capex To Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innovex International,'s Revenue Per Share and Capex To Revenue is -0.13. Overlapping area represents the amount of variation of Revenue Per Share that can explain the historical movement of Capex To Revenue 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 Revenue Per Share and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Revenue Per Share of Innovex International, are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Revenue Per Share i.e., Innovex International,'s Revenue Per Share and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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 Equity1.2B1.2B