Innova Total Liab vs Capital Lease Obligations 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 Total Liab and its Capital Lease Obligations 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.
Total Liab vs Capital Lease Obligations
Total Liab vs Capital Lease Obligations Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innova Captab Limited Total Liab account and Capital Lease Obligations. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Innova Captab's Total Liab and Capital Lease Obligations is 0.53. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Capital Lease Obligations 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 Total Liab and Capital Lease Obligations is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Innova Captab Limited are associated (or correlated) with its Capital Lease Obligations. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Lease Obligations has no effect on the direction of Total Liab i.e., Innova Captab's Total Liab and Capital Lease Obligations go up and down completely randomly.
Correlation Coefficient | 0.53 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Capital Lease Obligations
Innova Captab Limited capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Innova Captab asset purchases. For example, Innova Captab can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Innova Captab control over an asset for a big portion of its life. The total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee.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 Expense | 53.0M | 199.7M | 214.6M | 124.5M | Depreciation And Amortization | 75.0M | 110.8M | 159.6M | 109.6M |
Innova Captab fundamental ratios Correlations
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Innova Captab Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.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.