Innovate Property Plant And Equipment Net vs Retained Earnings Analysis
VATE Stock | USD 0.61 0.05 8.93% |
Innovate Corp financial indicator trend analysis is infinitely more than just investigating Innovate Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovate Corp is a good investment. Please check the relationship between Innovate Corp Property Plant And Equipment Net and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.
Property Plant And Equipment Net vs Retained Earnings
Property Plant And Equipment Net vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovate Corp Property Plant And Equipment Net account and Retained Earnings. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innovate Corp's Property Plant And Equipment Net and Retained Earnings is -0.15. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Innovate Corp, assuming nothing else is changed. The correlation between historical values of Innovate Corp's Property Plant And Equipment Net and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Innovate Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Property Plant And Equipment Net i.e., Innovate Corp's Property Plant And Equipment Net and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Innovate Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovate Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.At present, Innovate Corp's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 826.3 M, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.2B | 1.6B | 1.4B | 1.1B | Interest Expense | 59.1M | 52M | 68.2M | 42.0M |
Innovate Corp fundamental ratios Correlations
Click cells to compare fundamentals
Innovate Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Innovate Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.0B | 6.7B | 1.1B | 1.2B | 1.0B | 1.7B | |
Short Long Term Debt Total | 773.6M | 561.5M | 626.3M | 714.4M | 771.9M | 578.1M | |
Other Current Liab | 153.9M | 74.7M | 111.7M | 85.5M | 73.4M | 69.7M | |
Total Current Liabilities | 524M | 251M | 439.5M | 417.2M | 413.8M | 314.2M | |
Total Stockholder Equity | 349.8M | 559.8M | (65.5M) | (103.7M) | (149.1M) | (141.6M) | |
Property Plant And Equipment Net | 223.7M | 113.9M | 169.9M | 165M | 212.6M | 168.5M | |
Current Deferred Revenue | 171.6M | (53.7M) | 79.1M | 98.6M | 153.5M | 161.2M | |
Net Debt | 544.8M | 329.2M | 580.8M | 634M | 690.2M | 438.3M | |
Retained Earnings | (96.7M) | (188.7M) | (416.2M) | (452.1M) | (487.3M) | (511.7M) | |
Accounts Payable | 134.6M | 176.3M | 179.2M | 202.5M | 142.9M | 104.7M | |
Cash | 228.8M | 232.3M | 45.5M | 80.4M | 81.7M | 94.4M | |
Non Current Assets Total | 909.2M | 710.8M | 638M | 615.3M | 525.7M | 540.6M | |
Non Currrent Assets Other | 188M | 172.4M | 73.3M | 71.9M | 2.7M | 2.6M | |
Cash And Short Term Investments | 4.3B | 4.7B | 45.5M | 80.4M | 81.7M | 77.6M | |
Net Receivables | 1.5B | 1.2B | 365.7M | 420M | 399.1M | 401.5M | |
Common Stock Shares Outstanding | 45.2M | 50.7M | 77.7M | 78.1M | 78.7M | 63.9M | |
Short Term Investments | 1.3B | 3.4B | 4.0B | 4.5B | 5.1B | 5.4B | |
Liabilities And Stockholders Equity | 7.0B | 6.7B | 1.1B | 1.2B | 1.0B | 1.7B | |
Non Current Liabilities Total | 6.0B | 5.9B | 629.2M | 764.1M | 766.1M | 1.4B | |
Other Current Assets | 300.7M | 116.5M | 10.9M | 16.8M | 14.7M | 14.0M | |
Other Stockholder Equity | 267.5M | 341.1M | 325.4M | 324.8M | 322.8M | 278.4M | |
Total Liab | 6.5B | 6.1B | 1.1B | 1.2B | 1.2B | 1.7B | |
Total Current Assets | 6.0B | 6.0B | 442.6M | 536.4M | 517.9M | 492.0M | |
Accumulated Other Comprehensive Income | 168.7M | 396.9M | 6.4M | 5.9M | (1.1M) | (1.2M) | |
Short Term Debt | 63.9M | 53.7M | 69.5M | 30.6M | 44M | 41.8M | |
Intangible Assets | 221.7M | 174.6M | 208.4M | 190.1M | 178.9M | 137.0M | |
Inventory | 22.6M | 9.9M | 17M | 18.9M | 22.4M | 16.8M | |
Good Will | 112.5M | 111M | 127.4M | 127.1M | 146.2M | 87.3M | |
Other Liab | 5.2B | 5.2B | 13.9M | 26.5M | 23.9M | 22.7M | |
Net Tangible Assets | 28.8M | 274.2M | (420.1M) | (438.5M) | (394.7M) | (374.9M) | |
Other Assets | 74.1M | 65.5M | 18M | 19.1M | 17.2M | 16.3M | |
Long Term Debt | 740.8M | 507M | 556.8M | 683.8M | 679.3M | 690.8M | |
Capital Lease Obligations | 34.6M | 800K | 58.5M | 53.8M | 62.1M | 46.9M | |
Net Invested Capital | 1.2B | 1.1B | 542M | 593.1M | 544.3M | 613.0M | |
Long Term Investments | 177.5M | 134.5M | 56M | 48.2M | 1.8M | 1.7M | |
Property Plant And Equipment Gross | 405.8M | 113.9M | 334.6M | 349.3M | 350.3M | 263.4M | |
Non Current Liabilities Other | 427M | 315.8M | 4.8M | 17.4M | 34.1M | 32.4M | |
Net Working Capital | 5.4B | 5.7B | 3.1M | 120.7M | 104.7M | 99.5M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Innovate Corp is a strong investment it is important to analyze Innovate Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovate Corp's future performance. For an informed investment choice regarding Innovate Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Innovate Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Innovate Stock refer to our How to Trade Innovate Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running Innovate Corp's price analysis, check to measure Innovate Corp'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 Innovate Corp is operating at the current time. Most of Innovate Corp's value examination focuses on studying past and present price action to predict the probability of Innovate Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovate Corp's price. Additionally, you may evaluate how the addition of Innovate Corp to your portfolios can decrease your overall portfolio volatility.
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Is Innovate Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovate Corp. If investors know Innovate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovate Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.57) | Revenue Per Share 18.128 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0226 | Return On Equity (0.19) |
The market value of Innovate Corp is measured differently than its book value, which is the value of Innovate that is recorded on the company's balance sheet. Investors also form their own opinion of Innovate Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovate Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovate Corp's market value can be influenced by many factors that don't directly affect Innovate Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovate Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovate Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovate Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.