Innovative Current Deferred Revenue vs Short Long Term Debt Analysis

LUCY Stock  USD 7.32  0.09  1.24%   
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 Current Deferred Revenue and its Short Long Term Debt 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.

Current Deferred Revenue vs Short Long Term Debt

Current Deferred Revenue vs Short Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Eyewear Current Deferred Revenue account and Short Long Term Debt. At this time, the significance of the direction appears to have pay attention.
The correlation between Innovative Eyewear's Current Deferred Revenue and Short Long Term Debt is -0.73. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt 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 Current Deferred Revenue and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Innovative Eyewear are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Innovative Eyewear's Current Deferred Revenue and Short Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.73
Relationship DirectionNegative 
Relationship StrengthWeak

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.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.
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 5.31 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 Expenses3.4M5.5M6.7M3.6M
Cost Of Revenue542.4K716.1K1.3M1.3M

Innovative Eyewear fundamental ratios Correlations

-0.93-0.77-0.750.830.97-0.82-0.95-0.82-0.760.820.76-0.79-0.69-0.70.820.83-0.79-0.770.67-0.7-0.71
-0.930.550.49-0.6-0.920.590.990.610.54-0.6-0.540.570.470.48-0.6-0.60.530.51-0.50.470.49
-0.770.550.86-0.99-0.710.990.661.01.0-0.95-1.00.750.930.88-0.95-0.970.930.91-0.830.860.87
-0.750.490.86-0.88-0.760.870.580.860.85-0.96-0.850.970.790.64-0.96-0.950.880.83-0.610.650.65
0.83-0.6-0.99-0.880.76-1.0-0.69-0.99-0.990.960.98-0.79-0.91-0.890.960.98-0.96-0.940.83-0.89-0.89
0.97-0.92-0.71-0.760.76-0.74-0.96-0.75-0.70.810.71-0.83-0.67-0.520.810.8-0.74-0.690.5-0.53-0.53
-0.820.590.990.87-1.0-0.740.681.00.99-0.95-0.980.770.910.9-0.95-0.970.940.92-0.850.890.9
-0.950.990.660.58-0.69-0.960.680.710.65-0.7-0.660.650.60.52-0.7-0.70.630.6-0.520.510.53
-0.820.611.00.86-0.99-0.751.00.711.0-0.96-0.990.760.930.87-0.96-0.970.940.91-0.820.850.86
-0.760.541.00.85-0.99-0.70.990.651.0-0.95-1.00.740.930.88-0.95-0.970.930.91-0.820.860.87
0.82-0.6-0.95-0.960.960.81-0.95-0.7-0.96-0.950.95-0.91-0.9-0.741.01.0-0.94-0.890.7-0.73-0.74
0.76-0.54-1.0-0.850.980.71-0.98-0.66-0.99-1.00.95-0.74-0.96-0.840.950.96-0.94-0.910.77-0.82-0.83
-0.790.570.750.97-0.79-0.830.770.650.760.74-0.91-0.740.70.51-0.91-0.890.810.75-0.490.530.53
-0.690.470.930.79-0.91-0.670.910.60.930.93-0.9-0.960.70.73-0.9-0.910.950.92-0.580.750.72
-0.70.480.880.64-0.89-0.520.90.520.870.88-0.74-0.840.510.73-0.74-0.790.80.85-0.950.991.0
0.82-0.6-0.95-0.960.960.81-0.95-0.7-0.96-0.951.00.95-0.91-0.9-0.741.0-0.94-0.890.7-0.73-0.74
0.83-0.6-0.97-0.950.980.8-0.97-0.7-0.97-0.971.00.96-0.89-0.91-0.791.0-0.95-0.910.75-0.79-0.8
-0.790.530.930.88-0.96-0.740.940.630.940.93-0.94-0.940.810.950.8-0.94-0.950.99-0.660.840.81
-0.770.510.910.83-0.94-0.690.920.60.910.91-0.89-0.910.750.920.85-0.89-0.910.99-0.70.90.86
0.67-0.5-0.83-0.610.830.5-0.85-0.52-0.82-0.820.70.77-0.49-0.58-0.950.70.75-0.66-0.7-0.89-0.95
-0.70.470.860.65-0.89-0.530.890.510.850.86-0.73-0.820.530.750.99-0.73-0.790.840.9-0.890.99
-0.710.490.870.65-0.89-0.530.90.530.860.87-0.74-0.830.530.721.0-0.74-0.80.810.86-0.950.99
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Innovative Eyewear Account Relationship Matchups

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