Innovative Short Term Debt vs Selling General Administrative Analysis
LUCY Stock | USD 6.51 0.37 5.38% |
Innovative Eyewear financial indicator trend analysis is infinitely more than just investigating Innovative Eyewear recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovative Eyewear is a good investment. Please check the relationship between Innovative Eyewear Short Term Debt and its Selling General Administrative accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Eyewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.
Short Term Debt vs Selling General Administrative
Short Term Debt vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Eyewear Short Term Debt account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Innovative Eyewear's Short Term Debt and Selling General Administrative is -0.99. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Innovative Eyewear, assuming nothing else is changed. The correlation between historical values of Innovative Eyewear's Short Term Debt and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Innovative Eyewear are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Short Term Debt i.e., Innovative Eyewear's Short Term Debt and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Short Term Debt
Selling General Administrative
Most indicators from Innovative Eyewear's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovative Eyewear 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Eyewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.At this time, Innovative Eyewear's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 5.36 in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 2.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 3.4M | 5.5M | 6.5M | 3.6M | Cost Of Revenue | 542.4K | 716.1K | 1.3M | 1.3M |
Innovative Eyewear fundamental ratios Correlations
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Innovative Eyewear Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.