Innovid Good Will vs Cash Analysis
CTV Stock | USD 3.05 0.04 1.33% |
Innovid Corp financial indicator trend analysis is infinitely more than just investigating Innovid Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovid Corp is a good investment. Please check the relationship between Innovid Corp Good Will and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovid Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.
Good Will vs Cash
Good Will vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovid Corp Good Will account and Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Innovid Corp's Good Will and Cash is 0.21. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Cash in the same time period over historical financial statements of Innovid Corp, assuming nothing else is changed. The correlation between historical values of Innovid Corp's Good Will and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Innovid Corp are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Good Will i.e., Innovid Corp's Good Will and Cash go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Cash
Cash refers to the most liquid asset of Innovid Corp, which is listed under current asset account on Innovid Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Innovid Corp customers. The amounts must be unrestricted with restricted cash listed in a different Innovid Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Innovid Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovid 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Innovid Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.Tax Provision is likely to climb to about 4.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 25.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 661K | 5.6M | 13.0M | 13.6M | Interest Income | 4.4M | 13.3M | 15.4M | 16.1M |
Innovid Corp fundamental ratios Correlations
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Innovid Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Innovid Stock Analysis
When running Innovid Corp's price analysis, check to measure Innovid 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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid 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 Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.