Innodata Story

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INOD -- USA Stock  

USD 7.19  0.21  3.01%

Innodata Earnings Before Interest Taxes and Depreciation Amortization EBITDA are projected to decrease significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 2.22 Million. The current year Average Equity is expected to grow to about 32.3 M, whereas Invested Capital is forecasted to decline to about 22.5 M. As some conservative investors are getting more into technology space, Innodata could be a your radar. I will take a closer look at this stock and the latest sentiment generated by shareholders. In this post, I will also go over a few different drivers affecting Innodata's products and services, and explain how it may impact Innodata shareholders.
Published over a month ago
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Innodata (NASDAQ:INOD) continues to surge
We provide advice to complement the regular expert consensus on Innodata. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.

How important is Innodata's Liquidity

Innodata financial leverage refers to using borrowed capital as a funding source to finance Innodata ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Innodata financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Innodata's total debt and its cash.

How Innodata utilizes its cash?

To perform a cash flow analysis of Innodata, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Innodata is receiving and how much cash it distributes out in a given period. The Innodata cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Innodata Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at 5.66 Million

What did Innodata file with SEC?

The SEC filings are financial statements or other formal documents of Innodata that are regularly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database.
Please check here for more information.
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Innodata shareholders may or may not be submitted as SEC does not always require it.
25th of March 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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15th of March 2021
Financial Statements and Exhibits. Other Events
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Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to Innodata shareholders may or may not be submitted as SEC does not always require it.

A Deeper look at Innodata

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Innodata has an asset utilization ratio of 112.46 percent. This indicates that the company is making $1.12 for each dollar of assets. An increasing asset utilization means that Innodata is more efficient with each dollar of assets it utilizes for everyday operations.

Can Innodata build up on the latest surge?

The treynor ratio is down to 0.14 as of today. Innodata exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Innodata individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Innodata future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innodata's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innodata's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Perspective on Innodata

Although some companies under the information technology services industry are still a bit expensive, Innodata may offer a potential longer-term growth to shareholders. The bottom line, as of the 11th of March 2021, we believe that at this point, Innodata is relatively risky with very low chance of financial distress within the next 2 years. From a slightly different point of view, the entity appears to be overvalued. Our current 30 days 'Buy-Sell' recommendation on the firm is Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Innodata. Please refer to our Terms of Use for any information regarding our disclosure principles.

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