Innoviz Net Receivables vs Current Deferred Revenue Analysis

INVZ Stock  USD 0.53  0.01  1.92%   
Innoviz Technologies financial indicator trend analysis is infinitely more than just investigating Innoviz Technologies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innoviz Technologies is a good investment. Please check the relationship between Innoviz Technologies Net Receivables and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviz Technologies. 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 Innoviz Stock please use our How to Invest in Innoviz Technologies guide.

Net Receivables vs Current Deferred Revenue

Net Receivables vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Innoviz Technologies' Net Receivables and Current Deferred Revenue is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Innoviz Technologies, assuming nothing else is changed. The correlation between historical values of Innoviz Technologies' Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Innoviz Technologies are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Innoviz Technologies' Net Receivables and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Innoviz Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innoviz Technologies 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 Innoviz Technologies. 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 Innoviz Stock please use our How to Invest in Innoviz Technologies guide.At this time, Innoviz Technologies' Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 82.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 15.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense4.4M6.8M7.8M8.2M
Depreciation And Amortization4.0M7.5M9.2M4.7M

Innoviz Technologies fundamental ratios Correlations

0.560.410.78-0.92-0.810.930.72-0.210.790.680.920.770.780.90.850.740.710.91-0.930.89-0.45-0.710.650.77-0.88
0.56-0.410.71-0.74-0.070.70.630.590.390.830.420.810.550.730.640.890.770.72-0.530.780.08-0.580.390.46-0.71
0.41-0.410.18-0.08-0.660.18-0.14-0.540.48-0.040.56-0.220.390.260.3-0.26-0.290.11-0.440.15-0.850.070.480.52-0.21
0.780.710.18-0.84-0.620.90.580.320.770.70.850.750.960.930.980.70.650.85-0.810.92-0.53-0.690.90.93-0.98
-0.92-0.74-0.08-0.840.7-0.98-0.870.01-0.73-0.75-0.81-0.95-0.75-0.89-0.86-0.87-0.91-0.990.88-0.930.220.88-0.59-0.70.93
-0.81-0.07-0.66-0.620.7-0.75-0.570.52-0.72-0.29-0.85-0.51-0.67-0.63-0.7-0.31-0.46-0.710.8-0.610.60.65-0.64-0.710.7
0.930.70.180.9-0.98-0.750.810.030.80.750.870.90.840.920.920.810.840.99-0.920.94-0.37-0.860.70.8-0.97
0.720.63-0.140.58-0.87-0.570.81-0.090.340.690.490.890.390.570.550.690.960.88-0.730.630.08-0.960.230.36-0.67
-0.210.59-0.540.320.010.520.03-0.09-0.10.4-0.160.10.20.170.180.220.080.020.090.160.060.030.210.15-0.16
0.790.390.480.77-0.73-0.720.80.34-0.10.430.90.570.860.860.860.60.420.71-0.740.86-0.6-0.460.790.83-0.83
0.680.83-0.040.7-0.75-0.290.750.690.40.430.50.680.570.730.650.670.70.8-0.80.72-0.24-0.660.430.56-0.71
0.920.420.560.85-0.81-0.850.870.49-0.160.90.50.630.920.920.930.610.50.8-0.850.88-0.67-0.560.860.92-0.91
0.770.81-0.220.75-0.95-0.510.90.890.10.570.680.630.60.770.740.910.970.92-0.70.850.06-0.890.430.51-0.83
0.780.550.390.96-0.75-0.670.840.390.20.860.570.920.60.940.980.610.460.75-0.770.89-0.69-0.510.970.98-0.94
0.90.730.260.93-0.89-0.630.920.570.170.860.730.920.770.940.970.810.650.87-0.850.99-0.5-0.610.830.9-0.97
0.850.640.30.98-0.86-0.70.920.550.180.860.650.930.740.980.970.710.620.86-0.840.95-0.59-0.650.920.95-0.99
0.740.89-0.260.7-0.87-0.310.810.690.220.60.670.610.910.610.810.710.840.81-0.580.880.09-0.640.410.49-0.78
0.710.77-0.290.65-0.91-0.460.840.960.080.420.70.50.970.460.650.620.840.9-0.670.730.16-0.930.280.38-0.73
0.910.720.110.85-0.99-0.710.990.880.020.710.80.80.920.750.870.860.810.9-0.920.9-0.27-0.910.60.72-0.92
-0.93-0.53-0.44-0.810.880.8-0.92-0.730.09-0.74-0.8-0.85-0.7-0.77-0.85-0.84-0.58-0.67-0.92-0.820.570.77-0.67-0.810.87
0.890.780.150.92-0.93-0.610.940.630.160.860.720.880.850.890.990.950.880.730.9-0.82-0.38-0.670.760.83-0.97
-0.450.08-0.85-0.530.220.6-0.370.080.06-0.6-0.24-0.670.06-0.69-0.5-0.590.090.16-0.270.57-0.380.06-0.79-0.80.48
-0.71-0.580.07-0.690.880.65-0.86-0.960.03-0.46-0.66-0.56-0.89-0.51-0.61-0.65-0.64-0.93-0.910.77-0.670.06-0.38-0.480.75
0.650.390.480.9-0.59-0.640.70.230.210.790.430.860.430.970.830.920.410.280.6-0.670.76-0.79-0.380.98-0.85
0.770.460.520.93-0.7-0.710.80.360.150.830.560.920.510.980.90.950.490.380.72-0.810.83-0.8-0.480.98-0.9
-0.88-0.71-0.21-0.980.930.7-0.97-0.67-0.16-0.83-0.71-0.91-0.83-0.94-0.97-0.99-0.78-0.73-0.920.87-0.970.480.75-0.85-0.9
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Innoviz Technologies Account Relationship Matchups

Innoviz Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab6.8M8.1M15.7M12.5M18.2M11.3M
Total Current Liabilities14.7M17.8M21.7M32.4M37.2M26.7M
Net Tangible Assets(145.7M)(223.7M)298.8M192.0M220.8M231.9M
Retained Earnings(149.9M)(231.4M)(385.0M)(511.8M)(635.3M)(603.5M)
Accounts Payable7.1M7.8M5.8M8.4M8.0M6.2M
Net Receivables1.0M2.5M513K1.8M7.4M7.8M
Common Stock Shares Outstanding4.3M19.0M102.9M135.2M147.5M98.8M
Inventory1.3M2.2M4.3M4.2M1.9M2.8M
Other Current Assets1.2M3.3M3.9M3.5M5.8M3.8M
Total Current Assets111.8M57.9M274.4M187.6M160.5M149.4M
Property Plant Equipment11.3M13.2M14.5M57.4M66.0M69.3M

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