Innodata Free Cash Flow vs Other Non Cash Items Analysis
INOD Stock | USD 37.71 0.57 1.49% |
Innodata financial indicator trend analysis is infinitely more than just investigating Innodata recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innodata is a good investment. Please check the relationship between Innodata Free Cash Flow and its Other Non Cash Items accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
Free Cash Flow vs Other Non Cash Items
Free Cash Flow vs Other Non Cash Items Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innodata Free Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innodata's Free Cash Flow and Other Non Cash Items is -0.11. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Innodata, assuming nothing else is changed. The correlation between historical values of Innodata's Free Cash Flow and Other Non Cash Items 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 of Innodata are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Free Cash Flow i.e., Innodata's Free Cash Flow and Other Non Cash Items go up and down completely randomly.
Correlation Coefficient | -0.11 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Other Non Cash Items
Most indicators from Innodata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innodata 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 Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.At present, Innodata's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 46.03, whereas Selling General Administrative is forecasted to decline to about 16.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 25.7M | 27.5M | 31.3M | 17.0M | Total Revenue | 69.8M | 79.0M | 86.8M | 57.1M |
Innodata fundamental ratios Correlations
Click cells to compare fundamentals
Innodata Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Innodata fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 49.7M | 57.3M | 59.2M | 48.0M | 59.4M | 41.8M | |
Short Long Term Debt Total | 7.8M | 7.3M | 7.3M | 5.8M | 5.5M | 3.3M | |
Other Current Liab | 912K | 10.9M | 1.3M | 5.8M | 12.1M | 12.7M | |
Total Current Liabilities | 15.2M | 18.3M | 21.3M | 20.8M | 22.9M | 24.1M | |
Total Stockholder Equity | 26.3M | 29.6M | 29.9M | 18.8M | 25.7M | 27.5M | |
Property Plant And Equipment Net | 14.1M | 13.8M | 8.6M | 6.8M | 7.3M | 7.0M | |
Net Debt | (3.0M) | (10.3M) | (12.6M) | (5.1M) | (8.3M) | (8.7M) | |
Retained Earnings | 5.0M | 4.8M | 3.2M | (8.8M) | (9.7M) | (9.2M) | |
Accounts Payable | 4.8M | 1.4M | 9.4M | 9.9M | 2.7M | 3.3M | |
Cash | 10.9M | 17.6M | 18.9M | 9.8M | 13.8M | 13.7M | |
Non Current Assets Total | 25.7M | 25.4M | 25.3M | 24.4M | 27.4M | 14.3M | |
Non Currrent Assets Other | 2.1M | 2.6M | 2.2M | 1.5M | 2.4M | 2.1M | |
Cash And Short Term Investments | 10.9M | 17.6M | 18.9M | 10.3M | 13.8M | 14.4M | |
Net Receivables | 9.7M | 10.0M | 11.4M | 9.5M | 14.3M | 9.7M | |
Common Stock Shares Outstanding | 25.8M | 25.6M | 26.6M | 27.3M | 28.1M | 27.8M | |
Liabilities And Stockholders Equity | 49.7M | 57.3M | 59.2M | 48.0M | 59.4M | 41.8M | |
Other Current Assets | 3.4M | 4.2M | 3.7M | 3.9M | 4.0M | 3.2M | |
Other Stockholder Equity | 22.0M | 25.5M | 28.7M | 29.4M | 36.7M | 21.8M | |
Total Liab | 26.9M | 31.0M | 32.8M | 30.0M | 34.4M | 36.2M | |
Total Current Assets | 24.0M | 31.9M | 34.0M | 23.7M | 32.1M | 27.5M | |
Short Term Debt | 1.1M | 990K | 1.0M | 693K | 759K | 788.3K | |
Non Current Liabilities Total | 11.6M | 12.7M | 11.5M | 9.2M | 11.5M | 12.1M | |
Intangible Assets | 5.5M | 4.7M | 10.3M | 12.5M | 13.8M | 14.4M | |
Property Plant And Equipment Gross | 14.1M | 13.8M | 8.6M | 6.8M | 24.9M | 26.2M | |
Accumulated Other Comprehensive Income | (920K) | (938K) | (2.2M) | (2.1M) | (1.6M) | (1.7M) | |
Other Assets | 4.0M | 11.4M | 4.2M | 3.0M | 3.4M | 4.2M | |
Property Plant Equipment | 7.1M | 13.8M | 8.6M | 2.5M | 2.9M | 2.7M | |
Good Will | 2.1M | 2.2M | 2.1M | 2.0M | 2.1M | 1.4M | |
Current Deferred Revenue | 8.4M | 10.7M | 9.6M | 4.4M | 3.5M | 5.2M | |
Long Term Debt | 4.5M | 6.3M | 6.2M | 5.1M | 5.8M | 3.4M | |
Other Liab | 4.8M | 6.1M | 6.2M | 5.1M | 5.9M | 4.1M | |
Net Tangible Assets | 22.0M | 22.8M | 17.4M | 3.5M | 3.1M | 3.0M | |
Warrants | (3.4M) | (3.4M) | (3.5M) | (727K) | (654.3K) | (687.0K) | |
Retained Earnings Total Equity | 5.0M | 4.8M | 3.2M | (8.8M) | (7.9M) | (7.5M) | |
Long Term Debt Total | 4.5M | 6.3M | 6.2M | 5.1M | 5.8M | 4.9M |
Also Currently Popular
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.When determining whether Innodata is a strong investment it is important to analyze Innodata's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innodata's future performance. For an informed investment choice regarding Innodata Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innodata. If investors know Innodata will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innodata listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 50 | Earnings Share 0.11 | Revenue Per Share 4.764 | Quarterly Revenue Growth 1.356 | Return On Assets 0.1351 |
The market value of Innodata is measured differently than its book value, which is the value of Innodata that is recorded on the company's balance sheet. Investors also form their own opinion of Innodata's value that differs from its market value or its book value, called intrinsic value, which is Innodata's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innodata's market value can be influenced by many factors that don't directly affect Innodata's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innodata's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innodata is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innodata's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.