Innoviz Retained Earnings vs Accounts Payable Analysis
Innoviz Technologies financial indicator trend analysis is infinitely more than just investigating Innoviz Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innoviz Technologies is a good investment. Please check the relationship between Innoviz Technologies Retained Earnings and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Retained Earnings vs Accounts Payable
Retained Earnings vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Innoviz Technologies' Retained Earnings and Accounts Payable is -0.52. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Innoviz Technologies, assuming nothing else is changed. The correlation between historical values of Innoviz Technologies' Retained Earnings and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Innoviz Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Retained Earnings i.e., Innoviz Technologies' Retained Earnings and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.52 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
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.Accounts Payable
An accounting item on the balance sheet that represents Innoviz Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Innoviz Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Innoviz Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innoviz Technologies 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Innoviz Technologies' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 82.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.3 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 152.6M | 124.6M | 121.0M | 108.1M | Cost Of Revenue | 10.5M | 14.8M | 32.5M | 34.1M |
Innoviz Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Innoviz Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Innoviz Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 4.3M | 19.0M | 102.9M | 135.2M | 147.5M | 98.8M |
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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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Tools for Innoviz Stock
When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' 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 Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.
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