Innovex Total Liab vs Capital Stock 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, Total Liab and its Capital Stock 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.

Total Liab vs Capital Stock

Total Liab vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovex International, Total Liab account and Capital Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Innovex International,'s Total Liab and Capital Stock is 0.17. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Stock 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 Total Liab and Capital Stock 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 Liab of Innovex International, are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Total Liab i.e., Innovex International,'s Total Liab and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
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
Click cells to compare fundamentals

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 Equity1.2B1.2B284.9M436.3M1.0B1.1B