Innovative Debt Ratio from 2010 to 2024

LUCY Stock  USD 6.67  0.16  2.46%   
Innovative Eyewear Debt Ratio yearly trend continues to be fairly stable with very little volatility. Debt Ratio will likely drop to 0.01 in 2024. During the period from 2010 to 2024, Innovative Eyewear Debt Ratio regression line of annual values had r-squared of  0.60 and arithmetic mean of  2.11. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.015
Current Value
0.0143
Quarterly Volatility
1.25797104
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Innovative Eyewear over the last few years. It is Innovative Eyewear's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Eyewear's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Innovative Debt Ratio Regression Statistics

Arithmetic Mean2.11
Geometric Mean0.86
Coefficient Of Variation59.63
Mean Deviation1.07
Median2.84
Standard Deviation1.26
Sample Variance1.58
Range2.8281
R-Value(0.77)
Mean Square Error0.69
R-Squared0.60
Significance0.0007
Slope(0.22)
Total Sum of Squares22.15

Innovative Debt Ratio History

2024 0.0143
2023 0.015
2022 0.0131
2021 0.35

Other Fundumenentals of Innovative Eyewear

Innovative Eyewear Debt Ratio component correlations

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear's Debt Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.02  0.01 
Cash Flow To Debt Ratio(60.44)(57.41)

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Additional Tools for Innovative Stock Analysis

When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear'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 Innovative Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.