Innovative Change To Inventory vs Other Non Cash Items Analysis

ISSC Stock  USD 7.47  0.25  3.24%   
Innovative Solutions financial indicator trend analysis is infinitely more than just investigating Innovative Solutions and recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innovative Solutions and is a good investment. Please check the relationship between Innovative Solutions Change To Inventory 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 Innovative Solutions and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Change To Inventory vs Other Non Cash Items

Change To Inventory vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innovative Solutions and Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Innovative Solutions' Change To Inventory and Other Non Cash Items is -0.19. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Innovative Solutions and, assuming nothing else is changed. The correlation between historical values of Innovative Solutions' Change To Inventory 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 Change To Inventory of Innovative Solutions and 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 Change To Inventory i.e., Innovative Solutions' Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Other Non Cash Items

Most indicators from Innovative Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innovative Solutions and 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 Innovative Solutions and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At present, Innovative Solutions' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 17.38, whereas Selling General Administrative is forecasted to decline to about 6.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit16.7M21.3M19.2M11.9M
Total Revenue27.7M34.8M31.3M22.8M

Innovative Solutions fundamental ratios Correlations

0.540.230.40.850.620.040.130.640.310.220.590.530.220.45-0.590.540.530.530.440.60.840.640.66-0.59-0.22
0.540.140.210.180.32-0.40.870.030.07-0.60.970.41-0.60.53-0.471.00.760.9-0.190.940.170.910.28-0.24-0.31
0.230.140.95-0.050.23-0.130.2-0.17-0.11-0.210.170.03-0.210.12-0.130.140.150.52-0.10.460.190.110.2-0.06-0.28
0.40.210.950.10.27-0.030.22-0.020.14-0.180.240.13-0.180.36-0.190.210.280.540.010.530.340.280.26-0.17-0.25
0.850.18-0.050.10.60.23-0.290.810.320.610.290.510.610.23-0.650.180.170.150.650.190.950.360.61-0.62-0.07
0.620.320.230.270.6-0.390.120.090.210.070.50.720.070.25-0.830.310.470.390.610.350.480.360.93-0.82-0.2
0.04-0.4-0.13-0.030.23-0.39-0.550.61-0.020.56-0.43-0.220.56-0.160.32-0.39-0.45-0.39-0.02-0.350.32-0.23-0.390.280.59
0.130.870.20.22-0.290.12-0.55-0.420.02-0.910.820.23-0.910.52-0.230.870.710.81-0.40.83-0.280.750.07-0.06-0.25
0.640.03-0.17-0.020.810.090.61-0.420.260.710.050.130.710.05-0.220.03-0.11-0.040.290.020.830.220.09-0.090.1
0.310.07-0.110.140.320.21-0.020.020.260.030.110.340.030.75-0.250.080.2-0.040.530.110.340.410.2-0.35-0.18
0.22-0.6-0.21-0.180.610.070.56-0.910.710.03-0.53-0.031.0-0.42-0.04-0.61-0.53-0.570.5-0.590.59-0.460.12-0.10.16
0.590.970.170.240.290.5-0.430.820.050.11-0.530.54-0.530.53-0.650.970.780.91-0.060.920.250.920.45-0.38-0.29
0.530.410.030.130.510.72-0.220.230.130.34-0.030.54-0.030.42-0.770.40.330.390.590.390.410.520.71-0.730.11
0.22-0.6-0.21-0.180.610.070.56-0.910.710.031.0-0.53-0.03-0.42-0.04-0.61-0.53-0.570.5-0.590.59-0.460.12-0.10.16
0.450.530.120.360.230.25-0.160.520.050.75-0.420.530.42-0.42-0.370.540.60.440.260.590.280.760.29-0.49-0.15
-0.59-0.47-0.13-0.19-0.65-0.830.32-0.23-0.22-0.25-0.04-0.65-0.77-0.04-0.37-0.46-0.46-0.52-0.51-0.47-0.58-0.58-0.80.780.24
0.541.00.140.210.180.31-0.390.870.030.08-0.610.970.4-0.610.54-0.460.760.9-0.20.940.160.920.27-0.23-0.3
0.530.760.150.280.170.47-0.450.71-0.110.2-0.530.780.33-0.530.6-0.460.760.690.010.730.130.750.54-0.5-0.35
0.530.90.520.540.150.39-0.390.81-0.04-0.04-0.570.910.39-0.570.44-0.520.90.69-0.210.970.230.810.34-0.23-0.36
0.44-0.19-0.10.010.650.61-0.02-0.40.290.530.5-0.060.590.50.26-0.51-0.20.01-0.21-0.160.550.010.67-0.75-0.14
0.60.940.460.530.190.35-0.350.830.020.11-0.590.920.39-0.590.59-0.470.940.730.97-0.160.270.890.31-0.26-0.35
0.840.170.190.340.950.480.32-0.280.830.340.590.250.410.590.28-0.580.160.130.230.550.270.370.5-0.51-0.13
0.640.910.110.280.360.36-0.230.750.220.41-0.460.920.52-0.460.76-0.580.920.750.810.010.890.370.34-0.37-0.23
0.660.280.20.260.610.93-0.390.070.090.20.120.450.710.120.29-0.80.270.540.340.670.310.50.34-0.92-0.23
-0.59-0.24-0.06-0.17-0.62-0.820.28-0.06-0.09-0.35-0.1-0.38-0.73-0.1-0.490.78-0.23-0.5-0.23-0.75-0.26-0.51-0.37-0.920.09
-0.22-0.31-0.28-0.25-0.07-0.20.59-0.250.1-0.180.16-0.290.110.16-0.150.24-0.3-0.35-0.36-0.14-0.35-0.13-0.23-0.230.09
Click cells to compare fundamentals

Innovative Solutions Account Relationship Matchups

Innovative Solutions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets41.5M27.1M34.7M63.0M56.7M44.5M
Other Current Liab12.0M1.0M1.9M3.4M4.0M3.3M
Total Current Liabilities13.6M2.5M3.9M6.4M7.4M5.5M
Total Stockholder Equity27.8M24.6M30.7M38.6M34.8M38.4M
Property Plant And Equipment Net8.2M8.1M6.3M7.9M9.1M8.5M
Current Deferred Revenue313.4K417.5K259.2K143.4K129.0K122.6K
Net Debt(12.6M)(8.2M)(17.2M)16.4M18.9M19.8M
Retained Earnings(2.3M)(5.9M)(359.0K)5.7M5.1M4.8M
Accounts Payable790.9K623.6K708.8K1.3M1.5M1.4M
Cash12.6M8.3M17.3M3.1M2.8M2.6M
Non Current Assets Total8.4M9.4M6.5M28.3M32.5M34.2M
Non Currrent Assets Other136.7K188.3K104.0K176.7K203.2K213.3K
Cash And Short Term Investments12.6M8.3M17.3M3.1M2.8M2.6M
Net Receivables4.4M4.0M4.5M10.2M9.2M9.7M
Common Stock Shares Outstanding17.1M17.2M17.3M17.4M15.7M14.2M
Liabilities And Stockholders Equity41.5M27.1M34.7M63.0M56.7M44.5M
Non Current Liabilities Total129.7K28.7K15.1K17.9M16.1M16.9M
Inventory4.3M4.5M5.3M6.1M7.1M5.4M
Other Current Assets11.9M833.1K1.1M15.2M17.5M18.4M
Other Stockholder Equity30.1M30.4M31.1M32.9M29.7M29.7M
Total Liab13.8M2.5M4.0M24.3M21.9M23.0M
Total Current Assets33.1M17.7M28.2M34.7M31.2M37.3M
Common Stock19.3K19.3K19.4K19.5K22.5K18.8K
Other Liab129.6K129.7K129.7K28.7K25.8K24.5K
Other Assets104.8K91.6K1.3M121.8K109.6K104.1K
Common Stock Total Equity18.9K19.0K19.3K19.4K22.3K19.1K
Property Plant And Equipment Gross8.2M21.4M18.3M19.8M22.8M23.9M
Property Plant Equipment8.4M8.2M8.1M6.3M5.7M6.4M
Intangible Assets112.9K62.5K60.3K16.2M18.6M19.5M
Net Tangible Assets36.2M27.8M24.6M30.7M27.7M29.3M
Retained Earnings Total Equity3.7M5.6M(2.3M)(359.0K)(323.1K)(307.0K)
Capital Surpluse51.8M52.0M51.5M52.5M60.3M55.7M

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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 Innovative Solutions and offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innovative Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Innovative Solutions And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innovative Solutions And Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Solutions and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Aerospace & Defense 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 Innovative Solutions. If investors know Innovative 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 Innovative Solutions 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
0.111
Earnings Share
0.38
Revenue Per Share
2.569
Quarterly Revenue Growth
0.478
Return On Assets
0.0931
The market value of Innovative Solutions and is measured differently than its book value, which is the value of Innovative that is recorded on the company's balance sheet. Investors also form their own opinion of Innovative Solutions' value that differs from its market value or its book value, called intrinsic value, which is Innovative Solutions' 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 Innovative Solutions' market value can be influenced by many factors that don't directly affect Innovative Solutions' 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 Innovative Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovative Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovative Solutions' 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.