Innovex Common Stock Shares Outstanding vs Property Plant And Equipment Net Analysis

INVX Stock   17.36  0.46  2.72%   
Innovex International, financial indicator trend analysis is infinitely more than just investigating Innovex International, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovex International, is a good investment. Please check the relationship between Innovex International, Common Stock Shares Outstanding and its Property Plant And Equipment Net accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovex International,. 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.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Common Stock Shares Outstanding vs Property Plant And Equipment Net

Common Stock Shares Outstanding vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovex International, Common Stock Shares Outstanding account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have very week relationship.
The correlation between Innovex International,'s Common Stock Shares Outstanding and Property Plant And Equipment Net is 0.27. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Innovex International,, assuming nothing else is changed. The correlation between historical values of Innovex International,'s Common Stock Shares Outstanding and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Innovex International, are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Common Stock Shares Outstanding i.e., Innovex International,'s Common Stock Shares Outstanding and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.27
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from Innovex International,'s fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovex International, 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 Innovex International,. 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.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.Tax Provision is likely to drop to about 7.4 M in 2024. Selling General Administrative is likely to drop to about 64.7 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense2.2M4.0M4.6M2.5M
Depreciation And Amortization17.7M18.5M30.5M19.8M

Innovex International, fundamental ratios Correlations

-0.760.860.171.00.980.71-0.940.91-0.230.970.950.890.980.940.45-0.730.990.95-0.98-0.571.0-0.75-0.780.99-0.45
-0.76-0.78-0.25-0.79-0.84-0.490.88-0.90.02-0.78-0.79-0.6-0.79-0.81-0.030.9-0.66-0.720.810.69-0.770.990.72-0.790.47
0.86-0.780.640.850.930.26-0.80.90.270.750.970.810.780.980.07-0.590.830.68-0.79-0.240.83-0.72-0.420.85-0.02
0.17-0.250.640.140.31-0.56-0.070.30.89-0.020.450.230.020.47-0.390.030.15-0.12-0.040.470.12-0.140.390.170.73
1.0-0.790.850.140.980.73-0.960.92-0.260.980.940.880.990.930.44-0.760.980.96-0.99-0.611.0-0.78-0.811.0-0.5
0.98-0.840.930.310.980.59-0.950.97-0.10.940.990.90.960.980.27-0.720.950.9-0.96-0.50.97-0.81-0.70.97-0.36
0.71-0.490.26-0.560.730.59-0.740.54-0.810.830.460.540.80.440.69-0.690.710.87-0.8-0.850.74-0.56-0.950.72-0.91
-0.940.88-0.8-0.07-0.96-0.95-0.74-0.970.33-0.97-0.9-0.87-0.98-0.89-0.250.8-0.89-0.950.970.68-0.950.880.84-0.940.6
0.91-0.90.90.30.920.970.54-0.97-0.110.90.950.890.910.950.06-0.720.860.86-0.91-0.50.91-0.87-0.680.9-0.4
-0.230.020.270.89-0.26-0.1-0.810.33-0.11-0.420.04-0.23-0.370.07-0.450.21-0.26-0.520.340.58-0.280.110.64-0.210.86
0.97-0.780.75-0.020.980.940.83-0.970.9-0.420.880.871.00.870.45-0.770.950.99-0.99-0.690.98-0.79-0.880.97-0.64
0.95-0.790.970.450.940.990.46-0.90.950.040.880.910.91.00.19-0.630.920.83-0.9-0.360.93-0.75-0.580.93-0.21
0.89-0.60.810.230.880.90.54-0.870.89-0.230.870.910.870.880.16-0.410.910.87-0.85-0.270.89-0.56-0.550.84-0.3
0.98-0.790.780.020.990.960.8-0.980.91-0.371.00.90.870.890.44-0.780.960.99-1.0-0.680.99-0.8-0.870.98-0.6
0.94-0.810.980.470.930.980.44-0.890.950.070.871.00.880.890.18-0.660.910.81-0.9-0.380.93-0.77-0.580.93-0.2
0.45-0.030.07-0.390.440.270.69-0.250.06-0.450.450.190.160.440.18-0.390.50.48-0.46-0.520.46-0.1-0.560.48-0.44
-0.730.9-0.590.03-0.76-0.72-0.690.8-0.720.21-0.77-0.63-0.41-0.78-0.66-0.39-0.64-0.720.810.9-0.740.940.87-0.790.65
0.99-0.660.830.150.980.950.71-0.890.86-0.260.950.920.910.960.910.5-0.640.94-0.96-0.50.99-0.65-0.730.98-0.41
0.95-0.720.68-0.120.960.90.87-0.950.86-0.520.990.830.870.990.810.48-0.720.94-0.98-0.690.97-0.73-0.890.94-0.68
-0.980.81-0.79-0.04-0.99-0.96-0.80.97-0.910.34-0.99-0.9-0.85-1.0-0.9-0.460.81-0.96-0.980.7-0.990.820.87-0.990.59
-0.570.69-0.240.47-0.61-0.5-0.850.68-0.50.58-0.69-0.36-0.27-0.68-0.38-0.520.9-0.5-0.690.7-0.60.770.94-0.620.9
1.0-0.770.830.121.00.970.74-0.950.91-0.280.980.930.890.990.930.46-0.740.990.97-0.99-0.6-0.76-0.810.99-0.5
-0.750.99-0.72-0.14-0.78-0.81-0.560.88-0.870.11-0.79-0.75-0.56-0.8-0.77-0.10.94-0.65-0.730.820.77-0.760.78-0.790.56
-0.780.72-0.420.39-0.81-0.7-0.950.84-0.680.64-0.88-0.58-0.55-0.87-0.58-0.560.87-0.73-0.890.870.94-0.810.78-0.80.89
0.99-0.790.850.171.00.970.72-0.940.9-0.210.970.930.840.980.930.48-0.790.980.94-0.99-0.620.99-0.79-0.8-0.47
-0.450.47-0.020.73-0.5-0.36-0.910.6-0.40.86-0.64-0.21-0.3-0.6-0.2-0.440.65-0.41-0.680.590.9-0.50.560.89-0.47
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Innovex International, Account Relationship Matchups

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