Innovate Total Current Assets vs Current Deferred Revenue Analysis
VATE Stock | USD 0.77 0.01 1.32% |
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 Total Current Assets and its Current Deferred Revenue 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.
Total Current Assets vs Current Deferred Revenue
Total Current Assets vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovate Corp Total Current Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innovate Corp's Total Current Assets and Current Deferred Revenue is -0.12. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Current Deferred Revenue 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 Total Current Assets and Current Deferred 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 Total Current Assets of Innovate Corp are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Total Current Assets i.e., Innovate Corp's Total Current Assets and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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 |
Also Currently Popular
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.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Innovate Stock analysis
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.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Stocks Directory Find actively traded stocks across global markets | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
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.