Innodata Income Tax Expense vs Free Cash Flow per Share Analysis

INOD Stock  USD 6.60  0.13  2.01%   
Innodata financial indicator trend analysis is infinitely more than just investigating Innodata recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innodata is a good investment. Please check the relationship between Innodata Income Tax Expense and its Free Cash Flow Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.

Income Tax Expense vs Free Cash Flow Per Share

Income Tax Expense vs Free Cash Flow per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innodata Income Tax Expense account and Free Cash Flow per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Innodata's Income Tax Expense and Free Cash Flow per Share is -0.22. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Free Cash Flow per Share in the same time period over historical financial statements of Innodata, assuming nothing else is changed. The correlation between historical values of Innodata's Income Tax Expense and Free Cash Flow per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Innodata are associated (or correlated) with its Free Cash Flow per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow per Share has no effect on the direction of Income Tax Expense i.e., Innodata's Income Tax Expense and Free Cash Flow per Share go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from Innodata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innodata 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 Innodata. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.At present, Innodata's Enterprise Value Multiple is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit25.7M27.5M31.9M17.1M
Total Revenue69.8M79.0M86.8M57.1M

Innodata fundamental ratios Correlations

0.630.030.580.750.56-0.480.360.430.630.690.110.690.76-0.850.520.570.520.860.280.370.10.220.820.830.57
0.63-0.090.440.290.65-0.050.020.450.320.790.210.240.19-0.720.420.560.520.290.660.570.240.110.680.70.28
0.03-0.090.66-0.26-0.060.21-0.67-0.18-0.180.21-0.95-0.210.060.020.160.550.64-0.1-0.10.530.780.860.430.36-0.21
0.580.440.660.060.440.11-0.480.490.050.74-0.510.060.41-0.520.520.840.970.270.140.820.790.70.840.830.2
0.750.29-0.260.060.23-0.760.820.090.790.110.350.880.66-0.720.24-0.04-0.040.930.27-0.2-0.37-0.110.360.410.53
0.560.65-0.060.440.230.040.030.220.140.680.120.160.28-0.460.380.350.540.270.090.620.010.380.440.470.66
-0.48-0.050.210.11-0.760.04-0.660.07-0.960.15-0.21-0.96-0.240.390.230.090.14-0.75-0.010.180.350.15-0.17-0.19-0.32
0.360.02-0.67-0.480.820.03-0.66-0.090.61-0.270.670.710.42-0.34-0.01-0.51-0.560.670.12-0.61-0.8-0.53-0.16-0.110.41
0.430.45-0.180.490.090.220.07-0.090.050.580.370.060.24-0.490.380.470.440.180.30.310.35-0.250.50.570.06
0.630.32-0.180.050.790.14-0.960.610.050.070.220.970.27-0.57-0.110.070.040.790.190.01-0.23-0.070.360.390.38
0.690.790.210.740.110.680.15-0.270.580.07-0.070.040.33-0.590.550.850.760.220.360.710.530.370.830.820.28
0.110.21-0.95-0.510.350.12-0.210.670.370.22-0.070.250.04-0.220.05-0.41-0.510.20.24-0.48-0.68-0.86-0.24-0.150.26
0.690.24-0.210.060.880.16-0.960.710.060.970.040.250.44-0.59-0.020.010.010.90.12-0.06-0.31-0.070.340.370.47
0.760.190.060.410.660.28-0.240.420.240.270.330.040.44-0.610.560.280.270.79-0.020.04-0.090.180.540.530.48
-0.85-0.720.02-0.52-0.72-0.460.39-0.34-0.49-0.57-0.59-0.22-0.59-0.61-0.5-0.47-0.46-0.73-0.48-0.32-0.13-0.09-0.8-0.86-0.42
0.520.420.160.520.240.380.23-0.010.38-0.110.550.05-0.020.56-0.50.450.420.320.380.240.20.150.530.540.35
0.570.560.550.84-0.040.350.09-0.510.470.070.85-0.410.010.28-0.470.450.840.170.20.740.760.520.90.850.04
0.520.520.640.97-0.040.540.14-0.560.440.040.76-0.510.010.27-0.460.420.840.170.110.930.790.740.80.790.21
0.860.29-0.10.270.930.27-0.750.670.180.790.220.20.90.79-0.730.320.170.170.120.0-0.240.040.520.540.57
0.280.66-0.10.140.270.09-0.010.120.30.190.360.240.12-0.02-0.480.380.20.110.120.050.16-0.160.320.36-0.03
0.370.570.530.82-0.20.620.18-0.610.310.010.71-0.48-0.060.04-0.320.240.740.930.00.050.70.710.650.640.19
0.10.240.780.79-0.370.010.35-0.80.35-0.230.53-0.68-0.31-0.09-0.130.20.760.79-0.240.160.70.60.580.55-0.34
0.220.110.860.7-0.110.380.15-0.53-0.25-0.070.37-0.86-0.070.18-0.090.150.520.740.04-0.160.710.60.460.40.13
0.820.680.430.840.360.44-0.17-0.160.50.360.83-0.240.340.54-0.80.530.90.80.520.320.650.580.460.990.23
0.830.70.360.830.410.47-0.19-0.110.570.390.82-0.150.370.53-0.860.540.850.790.540.360.640.550.40.990.27
0.570.28-0.210.20.530.66-0.320.410.060.380.280.260.470.48-0.420.350.040.210.57-0.030.19-0.340.130.230.27
Click cells to compare fundamentals

Innodata Account Relationship Matchups

Innodata fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets49.7M57.3M59.2M48.0M59.4M41.8M
Short Long Term Debt Total7.8M7.3M6.3M4.7M5.5M3.3M
Other Current Liab912K1.7M1.3M5.8M16.0M16.8M
Total Current Liabilities15.2M18.3M21.3M20.8M22.9M24.1M
Total Stockholder Equity26.3M29.6M29.9M18.8M25.7M27.5M
Property Plant And Equipment Net14.1M13.8M8.6M6.8M7.3M7.0M
Net Debt(3.0M)(10.3M)(12.6M)(5.1M)(8.3M)(8.7M)
Retained Earnings5.0M4.8M3.2M(8.8M)(9.7M)(9.2M)
Accounts Payable4.8M4.9M9.4M9.9M2.7M3.4M
Cash10.9M17.6M18.9M9.8M13.8M13.7M
Non Current Assets Total25.7M25.4M25.3M24.4M27.4M14.3M
Non Currrent Assets Other2.1M2.6M2.2M1.5M(11.3M)(10.7M)
Cash And Short Term Investments10.9M17.6M18.9M10.3M13.8M14.4M
Net Receivables9.7M10.0M11.4M9.5M14.3M9.7M
Common Stock Shares Outstanding25.8M25.6M26.6M27.3M28.1M27.8M
Liabilities And Stockholders Equity49.7M57.3M59.2M48.0M59.4M41.8M
Other Current Assets3.4M4.2M3.7M3.9M4.0M3.2M
Other Stockholder Equity22.0M25.5M28.7M29.4M36.7M21.8M
Total Liab26.9M31.0M32.8M30.0M34.4M36.2M
Total Current Assets24.0M31.9M34.0M23.7M32.1M27.5M
Short Term Debt1.1M990K1.0M693K782K789.3K
Non Current Liabilities Total11.6M12.7M11.5M9.2M11.5M12.1M
Intangible Assets5.5M4.7M10.3M12.5M13.8M14.4M
Property Plant And Equipment Gross14.1M13.8M8.6M6.8M24.9M26.2M
Accumulated Other Comprehensive Income(920K)(938K)(2.2M)(2.1M)(1.6M)(1.7M)
Other Assets4.0M11.4M4.2M3.0M3.4M4.2M
Property Plant Equipment7.1M13.8M8.6M2.5M2.9M2.7M
Good Will2.1M2.2M2.1M2.0M2.1M1.4M
Current Deferred Revenue8.4M10.7M9.6M4.4M3.5M5.2M
Long Term Debt4.5M6.3M6.2M5.1M5.8M3.4M
Other Liab4.8M6.1M6.2M5.1M5.9M4.1M
Net Tangible Assets22.0M22.8M17.4M3.5M3.1M3.0M
Warrants(3.4M)(3.4M)(3.5M)(727K)(654.3K)(687.0K)
Retained Earnings Total Equity5.0M4.8M3.2M(8.8M)(7.9M)(7.5M)
Long Term Debt Total4.5M6.3M6.2M5.1M5.8M4.9M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Innodata is a strong investment it is important to analyze Innodata's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innodata's future performance. For an informed investment choice regarding Innodata Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Innodata Stock analysis

When running Innodata's price analysis, check to measure Innodata's 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 Innodata is operating at the current time. Most of Innodata's value examination focuses on studying past and present price action to predict the probability of Innodata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innodata's price. Additionally, you may evaluate how the addition of Innodata to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Bonds Directory
Find actively traded corporate debentures issued by US companies
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Innodata's industry 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 Innodata. If investors know Innodata 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 Innodata 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
176.778
Earnings Share
(0.03)
Revenue Per Share
3.085
Quarterly Revenue Growth
0.348
Return On Assets
0.0037
The market value of Innodata is measured differently than its book value, which is the value of Innodata that is recorded on the company's balance sheet. Investors also form their own opinion of Innodata's value that differs from its market value or its book value, called intrinsic value, which is Innodata's 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 Innodata's market value can be influenced by many factors that don't directly affect Innodata's 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 Innodata's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innodata is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innodata's 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.