Innovid Income Before Tax vs Other Operating Expenses Analysis

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USD 3.01 1.39 85.80%

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 Income Before Tax and its Other Operating Expenses 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.

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovid Corp Income Before Tax account and Other Operating Expenses. At this time, the significance of the direction appears to have pay attention.

The correlation between Innovid Corp's Income Before Tax and Other Operating Expenses is -0.87. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Other Operating Expenses 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 Income Before Tax and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Innovid Corp are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Income Before Tax i.e., Innovid Corp's Income Before Tax and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

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Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Innovid Corp income statement and is an important metric when analyzing Innovid Corp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Innovid Corp. It is also known as Innovid Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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

Depreciation And Amortization Interest Income

Innovid Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Other Current Assets	Other Stockholder Equity
Total Assets		0.9	0.96	0.98	1.0	0.87	0.96	0.92	-0.42	-0.48	-0.96	0.71	0.68	0.87	0.89	0.87	0.71	0.94	0.86	-0.09	0.54	-0.95	0.96	0.85	0.85	1.0
Short Long Term Debt Total	0.9		0.95	0.87	0.86	0.62	0.86	0.94	-0.6	-0.13	-0.87	0.36	0.36	0.93	0.96	0.94	0.41	0.98	0.93	-0.07	0.6	-0.73	0.86	0.94	0.71	0.87
Other Current Liab	0.96	0.95		0.97	0.94	0.8	0.93	0.92	-0.41	-0.39	-0.94	0.56	0.6	0.86	0.9	0.91	0.63	0.99	0.85	-0.2	0.43	-0.86	0.93	0.87	0.83	0.95
Total Current Liabilities	0.98	0.87	0.97		0.98	0.9	0.96	0.89	-0.33	-0.55	-0.97	0.72	0.73	0.81	0.85	0.85	0.76	0.94	0.8	-0.18	0.38	-0.95	0.96	0.79	0.89	0.99
Total Stockholder Equity	1.0	0.86	0.94	0.98		0.89	0.95	0.9	-0.38	-0.53	-0.95	0.75	0.71	0.85	0.86	0.85	0.74	0.91	0.84	-0.07	0.53	-0.97	0.95	0.82	0.85	1.0
Other Liab	0.87	0.62	0.8	0.9	0.89		0.84	0.62	0.06	-0.85	-0.83	0.93	0.95	0.52	0.55	0.55	0.96	0.74	0.5	-0.4	0.25	-0.93	0.84	0.62	0.74	0.88
Net Tangible Assets	0.96	0.86	0.93	0.96	0.95	0.84		0.89	-0.48	-0.45	-1.0	0.7	0.66	0.83	0.87	0.83	0.69	0.93	0.82	-0.06	0.41	-0.94	1.0	0.79	0.85	0.96
Property Plant And Equipment Net	0.92	0.94	0.92	0.89	0.9	0.62	0.89		-0.69	-0.13	-0.9	0.39	0.35	0.98	0.99	0.99	0.39	0.93	0.98	0.19	0.56	-0.81	0.88	0.81	0.85	0.91
Current Deferred Revenue	-0.42	-0.6	-0.41	-0.33	-0.38	0.06	-0.48	-0.69		-0.54	0.48	0.19	0.33	-0.77	-0.75	-0.69	0.29	-0.51	-0.78	-0.65	-0.51	0.28	-0.48	-0.49	-0.4	-0.4
Net Debt	-0.48	-0.13	-0.39	-0.55	-0.53	-0.85	-0.45	-0.13	-0.54		0.44	-0.91	-0.96	0.0	-0.04	-0.05	-0.95	-0.29	0.01	0.56	0.08	0.65	-0.45	-0.19	-0.41	-0.51
Retained Earnings	-0.96	-0.87	-0.94	-0.97	-0.95	-0.83	-1.0	-0.9	0.48	0.44		-0.67	-0.65	-0.84	-0.88	-0.86	-0.68	-0.94	-0.83	0.07	-0.38	0.93	-1.0	-0.78	-0.88	-0.96
Accounts Payable	0.71	0.36	0.56	0.72	0.75	0.93	0.7	0.39	0.19	-0.91	-0.67		0.95	0.31	0.32	0.28	0.97	0.49	0.3	-0.36	0.24	-0.85	0.7	0.45	0.54	0.72
Cash	0.68	0.36	0.6	0.73	0.71	0.95	0.66	0.35	0.33	-0.96	-0.65	0.95		0.23	0.27	0.27	1.0	0.52	0.21	-0.55	0.05	-0.8	0.66	0.41	0.56	0.69
Non Current Assets Total	0.87	0.93	0.86	0.81	0.85	0.52	0.83	0.98	-0.77	0.0	-0.84	0.31	0.23		0.99	0.97	0.28	0.89	1.0	0.27	0.68	-0.74	0.83	0.84	0.75	0.86
Non Currrent Assets Other	0.89	0.96	0.9	0.85	0.86	0.55	0.87	0.99	-0.75	-0.04	-0.88	0.32	0.27	0.99		0.98	0.32	0.93	0.99	0.2	0.59	-0.75	0.87	0.84	0.8	0.88
Other Assets	0.87	0.94	0.91	0.85	0.85	0.55	0.83	0.99	-0.69	-0.05	-0.86	0.28	0.27	0.97	0.98		0.31	0.92	0.96	0.19	0.5	-0.74	0.83	0.78	0.85	0.87
Cash And Short Term Investments	0.71	0.41	0.63	0.76	0.74	0.96	0.69	0.39	0.29	-0.95	-0.68	0.97	1.0	0.28	0.32	0.31		0.55	0.26	-0.53	0.11	-0.82	0.69	0.46	0.57	0.72
Net Receivables	0.94	0.98	0.99	0.94	0.91	0.74	0.93	0.93	-0.51	-0.29	-0.94	0.49	0.52	0.89	0.93	0.92	0.55		0.88	-0.16	0.46	-0.82	0.93	0.89	0.8	0.92
Good Will	0.86	0.93	0.85	0.8	0.84	0.5	0.82	0.98	-0.78	0.01	-0.83	0.3	0.21	1.0	0.99	0.96	0.26	0.88		0.28	0.69	-0.73	0.82	0.84	0.74	0.85
Common Stock Shares Outstanding	-0.09	-0.07	-0.2	-0.18	-0.07	-0.4	-0.06	0.19	-0.65	0.56	0.07	-0.36	-0.55	0.27	0.2	0.19	-0.53	-0.16	0.28		0.21	0.06	-0.07	-0.21	0.13	-0.07
Short Term Investments	0.54	0.6	0.43	0.38	0.53	0.25	0.41	0.56	-0.51	0.08	-0.38	0.24	0.05	0.68	0.59	0.5	0.11	0.46	0.69	0.21		-0.41	0.4	0.76	0.14	0.5
Non Current Liabilities Total	-0.95	-0.73	-0.86	-0.95	-0.97	-0.93	-0.94	-0.81	0.28	0.65	0.93	-0.85	-0.8	-0.74	-0.75	-0.74	-0.82	-0.82	-0.73	0.06	-0.41		-0.94	-0.69	-0.86	-0.97
Capital Surpluse	0.96	0.86	0.93	0.96	0.95	0.84	1.0	0.88	-0.48	-0.45	-1.0	0.7	0.66	0.83	0.87	0.83	0.69	0.93	0.82	-0.07	0.4	-0.94		0.79	0.85	0.96
Capital Lease Obligations	0.85	0.94	0.87	0.79	0.82	0.62	0.79	0.81	-0.49	-0.19	-0.78	0.45	0.41	0.84	0.84	0.78	0.46	0.89	0.84	-0.21	0.76	-0.69	0.79		0.49	0.81
Other Current Assets	0.85	0.71	0.83	0.89	0.85	0.74	0.85	0.85	-0.4	-0.41	-0.88	0.54	0.56	0.75	0.8	0.85	0.57	0.8	0.74	0.13	0.14	-0.86	0.85	0.49		0.88
Other Stockholder Equity	1.0	0.87	0.95	0.99	1.0	0.88	0.96	0.91	-0.4	-0.51	-0.96	0.72	0.69	0.86	0.88	0.87	0.72	0.92	0.85	-0.07	0.5	-0.97	0.96	0.81	0.88

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Innovid Income Before Tax vs Other Operating Expenses Analysis

Income Before Tax vs Other Operating Expenses

Income Before Tax vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Income Before Tax

Other Operating Expenses

Innovid Corp fundamental ratios Correlations

Innovid Corp Account Relationship Matchups

High Positive Relationship

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Thematic Opportunities

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Total Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Assets
Other Stockholder Equity	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Net Tangible Assets
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total

Capital Surpluse	- 1.0	Retained Earnings
Retained Earnings	- 1.0	Net Tangible Assets
Other Stockholder Equity	- 0.97	Non Current Liabilities Total
Non Current Liabilities Total	- 0.97	Total Stockholder Equity
Retained Earnings	- 0.97	Total Current Liabilities
Other Stockholder Equity	- 0.96	Retained Earnings