Innova Other Stockholder Equity vs Cash Analysis

INNOVACAP   1,022  16.90  1.68%   
Innova Captab financial indicator trend analysis is infinitely more than just investigating Innova Captab Limited recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innova Captab Limited is a good investment. Please check the relationship between Innova Captab Other Stockholder Equity and its Cash accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innova Captab Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Other Stockholder Equity vs Cash

Other Stockholder Equity vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innova Captab Limited Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Innova Captab's Other Stockholder Equity and Cash is 0.54. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Innova Captab Limited, assuming nothing else is changed. The correlation between historical values of Innova Captab's Other Stockholder Equity 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 Other Stockholder Equity of Innova Captab Limited 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 Other Stockholder Equity i.e., Innova Captab's Other Stockholder Equity and Cash go up and down completely randomly.

Correlation Coefficient

0.54
Relationship DirectionPositive 
Relationship StrengthWeak

Other Stockholder Equity

Cash

Cash refers to the most liquid asset of Innova Captab Limited, which is listed under current asset account on Innova Captab Limited balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Innova Captab customers. The amounts must be unrestricted with restricted cash listed in a different Innova Captab 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 Innova Captab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innova Captab Limited 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 Innova Captab Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Innova Captab's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Interest Expense53.0M199.7M214.6M124.5M
Depreciation And Amortization75.0M110.8M159.6M109.6M

Innova Captab fundamental ratios Correlations

0.70.370.850.880.840.960.890.910.950.930.930.220.480.890.940.820.91-0.390.690.870.930.930.940.980.91
0.70.040.720.70.660.810.630.790.720.720.87-0.440.910.690.710.170.64-0.910.410.880.790.770.70.740.68
0.370.040.180.280.720.360.430.310.510.470.350.530.240.340.590.530.670.010.070.460.430.440.450.490.44
0.850.720.180.990.620.880.70.980.750.940.820.080.570.960.730.550.76-0.490.920.720.940.940.740.830.94
0.880.70.280.990.680.90.760.990.80.970.840.140.560.980.780.620.81-0.450.910.750.960.970.780.870.97
0.840.660.720.620.680.860.810.760.920.840.890.210.650.720.970.670.96-0.490.340.940.850.840.890.920.8
0.960.810.360.880.90.860.790.940.910.930.990.150.650.870.920.660.93-0.580.660.930.960.950.970.970.89
0.890.630.430.70.760.810.790.790.960.860.790.010.460.860.920.760.79-0.310.540.820.820.830.740.890.88
0.910.790.310.980.990.760.940.790.860.980.90.060.660.970.840.590.85-0.560.830.840.990.990.830.910.97
0.950.720.510.750.80.920.910.960.860.910.910.10.570.870.990.770.92-0.430.540.930.90.90.890.970.9
0.930.720.470.940.970.840.930.860.980.910.90.160.620.980.910.690.92-0.470.790.860.991.00.850.950.99
0.930.870.350.820.840.890.990.790.90.910.90.030.740.820.930.590.92-0.670.550.970.940.930.950.960.85
0.22-0.440.530.080.140.210.150.010.060.10.160.03-0.460.080.160.630.350.570.23-0.070.120.120.310.20.14
0.480.910.240.570.560.650.650.460.660.570.620.74-0.460.560.6-0.040.59-0.960.250.80.690.680.540.590.57
0.890.690.340.960.980.720.870.860.970.870.980.820.080.560.830.660.81-0.420.860.780.960.960.750.880.99
0.940.710.590.730.780.970.920.920.840.990.910.930.160.60.830.760.96-0.460.490.950.90.90.920.980.88
0.820.170.530.550.620.670.660.760.590.770.690.590.63-0.040.660.760.750.20.540.530.640.650.730.770.7
0.910.640.670.760.810.960.930.790.850.920.920.920.350.590.810.960.75-0.430.540.910.920.920.950.960.87
-0.39-0.910.01-0.49-0.45-0.49-0.58-0.31-0.56-0.43-0.47-0.670.57-0.96-0.42-0.460.2-0.43-0.16-0.71-0.57-0.55-0.46-0.47-0.42
0.690.410.070.920.910.340.660.540.830.540.790.550.230.250.860.490.540.54-0.160.410.760.770.520.620.82
0.870.880.460.720.750.940.930.820.840.930.860.97-0.070.80.780.950.530.91-0.710.410.90.890.90.930.82
0.930.790.430.940.960.850.960.820.990.90.990.940.120.690.960.90.640.92-0.570.760.91.00.880.950.97
0.930.770.440.940.970.840.950.830.990.91.00.930.120.680.960.90.650.92-0.550.770.891.00.870.950.98
0.940.70.450.740.780.890.970.740.830.890.850.950.310.540.750.920.730.95-0.460.520.90.880.870.960.79
0.980.740.490.830.870.920.970.890.910.970.950.960.20.590.880.980.770.96-0.470.620.930.950.950.960.92
0.910.680.440.940.970.80.890.880.970.90.990.850.140.570.990.880.70.87-0.420.820.820.970.980.790.92
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Innova Captab Account Relationship Matchups

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Other Information on Investing in Innova Stock

Balance Sheet is a snapshot of the financial position of Innova Captab Limited at a specified time, usually calculated after every quarter, six months, or one year. Innova Captab Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Innova Captab and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Innova currently owns. An asset can also be divided into two categories, current and non-current.