Innventure, Total Current Assets vs Net Working Capital Analysis
INV Stock | 13.66 0.29 2.17% |
Innventure, financial indicator trend analysis is infinitely more than just investigating Innventure, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innventure, is a good investment. Please check the relationship between Innventure, Total Current Assets and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innventure,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Innventure, Stock please use our How to Invest in Innventure, guide.
Total Current Assets vs Net Working Capital
Total Current Assets vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innventure, Total Current Assets account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Innventure,'s Total Current Assets and Net Working Capital is 0.89. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Innventure,, assuming nothing else is changed. The correlation between historical values of Innventure,'s Total Current Assets and Net Working Capital 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 Innventure, are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Total Current Assets i.e., Innventure,'s Total Current Assets and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
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.Net Working Capital
Most indicators from Innventure,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innventure, 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innventure,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Innventure, Stock please use our How to Invest in Innventure, guide.Selling General Administrative is likely to drop to about 13.2 M in 2024. Issuance Of Capital Stock is likely to drop to about 13.2 M in 2024
Innventure, fundamental ratios Correlations
Click cells to compare fundamentals
Innventure, Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Innventure, Stock Analysis
When running Innventure,'s price analysis, check to measure Innventure,'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 Innventure, is operating at the current time. Most of Innventure,'s value examination focuses on studying past and present price action to predict the probability of Innventure,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innventure,'s price. Additionally, you may evaluate how the addition of Innventure, to your portfolios can decrease your overall portfolio volatility.