Innoviz Other Assets vs Property Plant Equipment 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 Other Assets and its Property Plant Equipment 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.

Other Assets vs Property Plant Equipment

Other Assets vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Other Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Innoviz Technologies' Other Assets and Property Plant Equipment is 0.9. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Property Plant Equipment 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' Other Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of Innoviz Technologies are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Other Assets i.e., Innoviz Technologies' Other Assets and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Assets

Property Plant Equipment

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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Additional Tools for Innoviz Stock Analysis

When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.