Innoviz Property Plant Equipment vs Accounts Payable 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 Property Plant Equipment and its Accounts Payable 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Innoviz Technologies' Property Plant Equipment and Accounts Payable is -0.51. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable 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' Property Plant Equipment and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Innoviz Technologies are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Property Plant Equipment i.e., Innoviz Technologies' Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Innoviz Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Innoviz Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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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