| NOTV Stock | | | USD 3.78 0.04 1.07% |
Inotiv financial indicator trend analysis is infinitely more than just investigating Inotiv Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inotiv Inc is a good investment. Please check the relationship between Inotiv Common Stock Shares Outstanding and its Cash And Short Term Investments accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Inotiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Common Stock Shares Outstanding vs Cash And Short Term Investments
Common Stock Shares Outstanding vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Inotiv Inc Common Stock Shares Outstanding account and
Cash And Short Term Investments. At this time, the significance of the direction appears to have weak relationship.
The correlation between Inotiv's Common Stock Shares Outstanding and Cash And Short Term Investments is 0.31. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of Inotiv Inc, assuming nothing else is changed. The correlation between historical values of Inotiv's Common Stock Shares Outstanding and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Inotiv Inc are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Shares Outstanding i.e., Inotiv's Common Stock Shares Outstanding and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.31 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Inotiv Inc balance sheet. This account contains Inotiv investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Inotiv Inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from Inotiv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inotiv Inc 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 Inotiv Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
At this time, Inotiv's
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.28 in 2025, despite the fact that
Issuance Of Capital Stock is likely to grow to
(855.00).
Inotiv fundamental ratios Correlations
Click cells to compare fundamentals
Inotiv Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Inotiv fundamental ratios Accounts
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Additional Tools for Inotiv Stock Analysis
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