Inovalis Free Cash Flow Yield vs Ev To Sales Analysis

INO-UN Stock

CAD 0.81 0.01 1.22%

Inovalis Real financial indicator trend analysis is infinitely more than just investigating Inovalis Real Estate recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inovalis Real Estate is a good investment. Please check the relationship between Inovalis Real Free Cash Flow Yield and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inovalis Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inovalis Real Estate Free Cash Flow Yield account and Ev To Sales. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Inovalis Real's Free Cash Flow Yield and Ev To Sales is -0.14. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Inovalis Real Estate, assuming nothing else is changed. The correlation between historical values of Inovalis Real's Free Cash Flow Yield and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Inovalis Real Estate are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Free Cash Flow Yield i.e., Inovalis Real's Free Cash Flow Yield and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.

Most indicators from Inovalis Real's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inovalis Real Estate 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 Inovalis Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

At present, Inovalis Real's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 292.3 M, whereas Tax Provision is projected to grow to (311.6 K).

	2021	2022	2023	2024 (projected)
Gross Profit	24.2M	21.6M	21.9M	23.9M
Total Revenue	34.5M	31.1M	33.6M	33.5M

Gross Profit Total Revenue

Inovalis Real fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Inventory	Other Liab	Net Tangible Assets
Total Assets		0.97	0.86	0.81	0.97	0.98	0.18	0.81	0.3	0.8	0.72	0.99	0.29	0.75	0.7	0.79	0.9	0.39	-0.44	0.97	0.83	0.67	0.87	-0.14	0.48	0.88
Short Long Term Debt Total	0.97		0.83	0.8	0.89	0.95	0.19	0.91	0.26	0.72	0.59	0.98	0.39	0.62	0.66	0.71	0.94	0.37	-0.36	0.99	0.73	0.68	0.79	-0.18	0.46	0.77
Other Current Liab	0.86	0.83		0.87	0.82	0.78	0.4	0.67	0.51	0.64	0.72	0.82	0.38	0.76	0.72	0.58	0.72	0.75	-0.68	0.86	0.92	0.73	0.68	-0.19	0.69	0.71
Total Current Liabilities	0.81	0.8	0.87		0.76	0.74	0.39	0.73	0.11	0.68	0.49	0.78	0.35	0.5	0.74	0.69	0.58	0.52	-0.32	0.81	0.73	0.96	0.74	-0.1	0.45	0.73
Total Stockholder Equity	0.97	0.89	0.82	0.76		0.97	0.11	0.68	0.26	0.83	0.79	0.96	0.19	0.8	0.68	0.87	0.82	0.32	-0.44	0.89	0.84	0.61	0.92	-0.11	0.41	0.94
Property Plant And Equipment Net	0.98	0.95	0.78	0.74	0.97		0.01	0.81	0.2	0.79	0.68	0.99	0.25	0.71	0.64	0.84	0.9	0.25	-0.35	0.94	0.75	0.61	0.9	-0.18	0.37	0.89
Current Deferred Revenue	0.18	0.19	0.4	0.39	0.11	0.01		0.14	0.51	0.06	0.2	0.14	0.34	0.17	0.39	-0.16	0.14	0.53	-0.49	0.26	0.35	0.33	-0.09	0.15	0.42	0.0
Net Debt	0.81	0.91	0.67	0.73	0.68	0.81	0.14		0.15	0.51	0.23	0.86	0.6	0.29	0.42	0.54	0.85	0.3	-0.21	0.9	0.44	0.68	0.59	-0.29	0.37	0.54
Retained Earnings	0.3	0.26	0.51	0.11	0.26	0.2	0.51	0.15		0.06	0.46	0.26	0.41	0.52	0.15	-0.13	0.39	0.74	-0.91	0.32	0.52	-0.09	-0.05	-0.19	0.62	0.02
Accounts Payable	0.8	0.72	0.64	0.68	0.83	0.79	0.06	0.51	0.06		0.72	0.76	-0.06	0.73	0.76	0.86	0.6	0.26	-0.18	0.7	0.74	0.59	0.89	-0.15	0.01	0.76
Cash	0.72	0.59	0.72	0.49	0.79	0.68	0.2	0.23	0.46	0.72		0.65	-0.19	0.97	0.74	0.6	0.58	0.4	-0.58	0.61	0.92	0.3	0.71	0.1	0.45	0.74
Non Current Assets Total	0.99	0.98	0.82	0.78	0.96	0.99	0.14	0.86	0.26	0.76	0.65		0.35	0.67	0.64	0.8	0.92	0.32	-0.39	0.97	0.75	0.66	0.86	-0.15	0.45	0.85
Non Currrent Assets Other	0.29	0.39	0.38	0.35	0.19	0.25	0.34	0.6	0.41	-0.06	-0.19	0.35		-0.06	-0.16	0.02	0.34	0.46	-0.47	0.39	0.07	0.34	0.02	-0.51	0.27	0.01
Cash And Short Term Investments	0.75	0.62	0.76	0.5	0.8	0.71	0.17	0.29	0.52	0.73	0.97	0.67	-0.06		0.72	0.6	0.62	0.47	-0.65	0.64	0.93	0.3	0.71	-0.14	0.39	0.73
Net Receivables	0.7	0.66	0.72	0.74	0.68	0.64	0.39	0.42	0.15	0.76	0.74	0.64	-0.16	0.72		0.57	0.54	0.34	-0.29	0.68	0.79	0.65	0.67	0.04	0.29	0.68
Common Stock Shares Outstanding	0.79	0.71	0.58	0.69	0.87	0.84	-0.16	0.54	-0.13	0.86	0.6	0.8	0.02	0.6	0.57		0.54	0.04	-0.08	0.66	0.61	0.66	0.98	-0.06	0.06	0.9
Non Current Liabilities Total	0.9	0.94	0.72	0.58	0.82	0.9	0.14	0.85	0.39	0.6	0.58	0.92	0.34	0.62	0.54	0.54		0.31	-0.4	0.95	0.65	0.42	0.64	-0.17	0.48	0.65
Other Current Assets	0.39	0.37	0.75	0.52	0.32	0.25	0.53	0.3	0.74	0.26	0.4	0.32	0.46	0.47	0.34	0.04	0.31		-0.76	0.43	0.66	0.39	0.12	-0.32	0.61	0.11
Other Stockholder Equity	-0.44	-0.36	-0.68	-0.32	-0.44	-0.35	-0.49	-0.21	-0.91	-0.18	-0.58	-0.39	-0.47	-0.65	-0.29	-0.08	-0.4	-0.76		-0.41	-0.66	-0.13	-0.17	0.26	-0.62	-0.27
Total Liab	0.97	0.99	0.86	0.81	0.89	0.94	0.26	0.9	0.32	0.7	0.61	0.97	0.39	0.64	0.68	0.66	0.95	0.43	-0.41		0.76	0.68	0.75	-0.17	0.52	0.75
Total Current Assets	0.83	0.73	0.92	0.73	0.84	0.75	0.35	0.44	0.52	0.74	0.92	0.75	0.07	0.93	0.79	0.61	0.65	0.66	-0.66	0.76		0.56	0.73	-0.08	0.58	0.75
Short Term Debt	0.67	0.68	0.73	0.96	0.61	0.61	0.33	0.68	-0.09	0.59	0.3	0.66	0.34	0.3	0.65	0.66	0.42	0.39	-0.13	0.68	0.56		0.68	-0.06	0.32	0.63
Common Stock	0.87	0.79	0.68	0.74	0.92	0.9	-0.09	0.59	-0.05	0.89	0.71	0.86	0.02	0.71	0.67	0.98	0.64	0.12	-0.17	0.75	0.73	0.68		-0.08	0.16	0.95
Inventory	-0.14	-0.18	-0.19	-0.1	-0.11	-0.18	0.15	-0.29	-0.19	-0.15	0.1	-0.15	-0.51	-0.14	0.04	-0.06	-0.17	-0.32	0.26	-0.17	-0.08	-0.06	-0.08		0.24	0.01
Other Liab	0.48	0.46	0.69	0.45	0.41	0.37	0.42	0.37	0.62	0.01	0.45	0.45	0.27	0.39	0.29	0.06	0.48	0.61	-0.62	0.52	0.58	0.32	0.16	0.24		0.34
Net Tangible Assets	0.88	0.77	0.71	0.73	0.94	0.89	0.0	0.54	0.02	0.76	0.74	0.85	0.01	0.73	0.68	0.9	0.65	0.11	-0.27	0.75	0.75	0.63	0.95	0.01	0.34

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Inovalis Real Account Relationship Matchups

Inovalis Real fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	710.2M	712.1M	587.2M	561.1M	484.1M	582.1M
Short Long Term Debt Total	308.6M	288.7M	207.1M	243.1M	219.4M	255.1M
Other Current Liab	36.9M	24.1M	16.8M	17.8M	8.0M	7.6M
Total Current Liabilities	109.5M	42.6M	54.9M	70.1M	71.0M	60.4M
Total Stockholder Equity	331.9M	375.2M	344.8M	287.0M	246.4M	285.5M
Property Plant And Equipment Net	478.7M	541.2M	427.6M	437.4M	413.0M	448.2M
Current Deferred Revenue	5.5M	521K	4.0M	793K	1.2M	2.2M
Net Debt	225.2M	208.3M	130.5M	197.9M	206.8M	216.5M
Retained Earnings	57.8M	53.4M	47.0M	(12.3M)	(53.2M)	(50.6M)
Accounts Payable	6.4M	4.4M	6.8M	7.0M	4.5M	4.8M
Cash	83.4M	80.4M	76.6M	45.2M	12.7M	12.1M
Non Current Assets Total	584.2M	622.1M	496.9M	498.7M	459.9M	523.3M
Non Currrent Assets Other	4.7M	4.9M	5.0M	5.2M	(527K)	(500.7K)
Cash And Short Term Investments	83.4M	80.4M	76.6M	45.2M	12.7M	12.1M
Net Receivables	31.1M	8.9M	12.5M	11.2M	10.8M	10.0M
Common Stock Shares Outstanding	24.1M	29.2M	32.4M	32.7M	32.7M	26.1M
Liabilities And Stockholders Equity	710.2M	712.1M	587.2M	561.1M	484.1M	582.1M
Non Current Liabilities Total	267.6M	292.8M	186.3M	202.8M	165.7M	235.5M
Other Current Assets	40.9M	6.1M	12.2M	14.8M	(23.5M)	(22.3M)
Other Stockholder Equity	(57.8M)	(53.4M)	(47.0M)	12.3M	53.2M	55.9M
Total Liab	377.1M	335.4M	241.2M	272.9M	236.7M	295.9M
Total Current Assets	126.0M	90.0M	90.3M	62.4M	24.2M	22.9M
Accumulated Other Comprehensive Income	14.6M	34.9M	9.1M	9.4M	11.5M	18.9M
Short Term Debt	60.7M	13.6M	27.3M	44.5M	57.4M	35.2M
Common Stock	259.5M	287.0M	288.8M	289.9M	288.2M	237.4M
Other Liab	14.2M	15.4M	6.1M	4.2M	4.8M	4.6M
Net Tangible Assets	331.9M	375.2M	344.8M	287.0M	330.0M	319.2M
Other Assets	27.7M	4.7M	4.9M	5.0M	4.5M	4.2M
Long Term Debt	130.6M	153.2M	73.4M	96.5M	65.9M	79.0M
Long Term Investments	100.8M	76.0M	64.3M	56.0M	42.0M	53.4M
Short Long Term Debt	52.1M	4.8M	19.6M	38.0M	50.6M	30.7M
Property Plant Equipment	478.7M	541.2M	427.6M	437.4M	503.0M	483.4M
Capital Lease Obligations	125.9M	130.7M	114.1M	108.5M	103.0M	99.6M
Non Current Liabilities Other	4.6M	1.5M	1.2M	2.1M	2.2M	3.5M
Net Invested Capital	514.7M	533.2M	437.9M	421.5M	362.9M	355.1M
Net Working Capital	16.5M	47.4M	35.4M	(7.7M)	(46.8M)	(44.5M)
Capital Stock	259.5M	287.0M	288.8M	289.9M	288.2M	297.1M

Pair Trading with Inovalis Real

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inovalis Real position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inovalis Real will appreciate offsetting losses from the drop in the long position's value.

Moving together with Inovalis Stock

0.78

CMC

Cielo Waste Solutions

Pair Corr

Moving against Inovalis Stock

0.82	LQWD	LQwD FinTech Corp	Pair Corr
0.79	MATE	Blockmate Ventures Earnings Call This Week	Pair Corr
0.53	ERC	Eros Resources Corp	Pair Corr

The ability to find closely correlated positions to Inovalis Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inovalis Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inovalis Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inovalis Real Estate to buy it.

The correlation of Inovalis Real is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inovalis Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inovalis Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Inovalis Real can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Inovalis Stock

Balance Sheet is a snapshot of the financial position of Inovalis Real Estate at a specified time, usually calculated after every quarter, six months, or one year. Inovalis Real Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Inovalis Real 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 Inovalis currently owns. An asset can also be divided into two categories, current and non-current.

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Inovalis Free Cash Flow Yield vs Ev To Sales Analysis

Free Cash Flow Yield vs Ev To Sales

Free Cash Flow Yield vs Ev To Sales Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Ev To Sales

Inovalis Real fundamental ratios Correlations

Inovalis Real Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Inovalis Real fundamental ratios Accounts

Pair Trading with Inovalis Real

Moving together with Inovalis Stock

Moving against Inovalis Stock

Other Information on Investing in Inovalis Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.98	Short Long Term Debt Total
Common Stock	+ 0.98	Common Stock Shares Outstanding

Other Stockholder Equity	- 0.91	Retained Earnings
Other Stockholder Equity	- 0.76	Other Current Assets
Other Stockholder Equity	- 0.68	Other Current Liab
Total Current Assets	- 0.66	Other Stockholder Equity
Other Stockholder Equity	- 0.65	Cash And Short Term Investments
Other Liab	- 0.62	Other Stockholder Equity