Innoviva Total Current Liabilities vs Short Long Term Debt Total Analysis

INVA Stock  USD 15.91  0.07  0.44%   
Innoviva financial indicator trend analysis is infinitely more than just investigating Innoviva recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innoviva is a good investment. Please check the relationship between Innoviva Total Current Liabilities and its Short Long Term Debt Total accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.

Total Current Liabilities vs Short Long Term Debt Total

Total Current Liabilities vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviva Total Current Liabilities account and Short Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Innoviva's Total Current Liabilities and Short Long Term Debt Total is -0.41. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Innoviva, assuming nothing else is changed. The correlation between historical values of Innoviva's Total Current Liabilities and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Innoviva are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Total Current Liabilities i.e., Innoviva's Total Current Liabilities and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Current Liabilities

Total Current Liabilities is an item on Innoviva balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Innoviva are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt Total

Most indicators from Innoviva's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innoviva 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 Innoviva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.At present, Innoviva's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 5.86, whereas Discontinued Operations is forecasted to decline to (89.7 M).

Innoviva fundamental ratios Correlations

0.840.710.39-0.39-0.190.180.12-0.150.030.34-0.36-0.05-0.120.290.680.97-0.180.090.270.68-0.050.860.020.37-0.36
0.840.860.46-0.59-0.37-0.37-0.410.00.230.340.080.12-0.620.420.580.78-0.57-0.440.330.51-0.380.81-0.450.330.08
0.710.860.46-0.82-0.77-0.36-0.37-0.220.080.440.20.0-0.540.260.470.72-0.44-0.42-0.060.49-0.710.64-0.220.240.2
0.390.460.460.04-0.33-0.21-0.09-0.27-0.49-0.09-0.3-0.3-0.27-0.480.490.43-0.24-0.09-0.210.74-0.220.33-0.150.82-0.3
-0.39-0.59-0.820.040.790.380.440.13-0.42-0.46-0.6-0.20.49-0.49-0.15-0.390.390.50.040.050.82-0.390.160.3-0.6
-0.19-0.37-0.77-0.330.790.330.280.390.04-0.32-0.40.110.350.08-0.19-0.260.20.340.43-0.180.92-0.14-0.04-0.04-0.4
0.18-0.37-0.36-0.210.380.330.97-0.3-0.28-0.03-0.72-0.280.92-0.240.140.230.760.97-0.10.180.6-0.030.87-0.03-0.72
0.12-0.41-0.37-0.090.440.280.97-0.41-0.41-0.19-0.75-0.420.94-0.440.190.180.810.99-0.180.220.56-0.130.910.07-0.75
-0.150.0-0.22-0.270.130.39-0.3-0.410.42-0.150.260.27-0.260.51-0.42-0.2-0.29-0.320.31-0.270.230.06-0.42-0.240.26
0.030.230.08-0.49-0.420.04-0.28-0.410.420.30.680.55-0.380.79-0.1-0.11-0.47-0.440.6-0.56-0.20.24-0.35-0.580.68
0.340.340.44-0.09-0.46-0.32-0.03-0.19-0.150.30.150.49-0.230.450.090.34-0.42-0.230.060.09-0.330.55-0.15-0.030.15
-0.360.080.2-0.3-0.6-0.4-0.72-0.750.260.680.150.44-0.640.45-0.31-0.41-0.57-0.780.15-0.67-0.67-0.12-0.49-0.551.0
-0.050.120.0-0.3-0.20.11-0.28-0.420.270.550.490.44-0.40.5-0.07-0.13-0.46-0.410.45-0.47-0.060.18-0.41-0.120.44
-0.12-0.62-0.54-0.270.490.350.920.94-0.26-0.38-0.23-0.64-0.4-0.4-0.16-0.030.850.95-0.330.040.59-0.30.88-0.11-0.64
0.290.420.26-0.48-0.490.08-0.24-0.440.510.790.450.450.5-0.4-0.130.21-0.5-0.450.44-0.29-0.070.46-0.43-0.510.45
0.680.580.470.49-0.15-0.190.140.19-0.42-0.10.09-0.31-0.07-0.16-0.130.59-0.090.150.420.51-0.070.490.090.51-0.31
0.970.780.720.43-0.39-0.260.230.18-0.2-0.110.34-0.41-0.13-0.030.210.59-0.10.150.050.73-0.070.830.110.39-0.41
-0.18-0.57-0.44-0.240.390.20.760.81-0.29-0.47-0.42-0.57-0.460.85-0.5-0.09-0.10.82-0.330.050.46-0.540.82-0.08-0.57
0.09-0.44-0.42-0.090.50.340.970.99-0.32-0.44-0.23-0.78-0.410.95-0.450.150.150.82-0.180.220.61-0.140.890.1-0.78
0.270.33-0.06-0.210.040.43-0.1-0.180.310.60.060.150.45-0.330.440.420.05-0.33-0.18-0.220.240.33-0.34-0.090.15
0.680.510.490.740.05-0.180.180.22-0.27-0.560.09-0.67-0.470.04-0.290.510.730.050.22-0.220.040.480.080.77-0.67
-0.05-0.38-0.71-0.220.820.920.60.560.23-0.2-0.33-0.67-0.060.59-0.07-0.07-0.070.460.610.240.04-0.130.250.07-0.67
0.860.810.640.33-0.39-0.14-0.03-0.130.060.240.55-0.120.18-0.30.460.490.83-0.54-0.140.330.48-0.13-0.220.27-0.12
0.02-0.45-0.22-0.150.16-0.040.870.91-0.42-0.35-0.15-0.49-0.410.88-0.430.090.110.820.89-0.340.080.25-0.22-0.11-0.49
0.370.330.240.820.3-0.04-0.030.07-0.24-0.58-0.03-0.55-0.12-0.11-0.510.510.39-0.080.1-0.090.770.070.27-0.11-0.55
-0.360.080.2-0.3-0.6-0.4-0.72-0.750.260.680.151.00.44-0.640.45-0.31-0.41-0.57-0.780.15-0.67-0.67-0.12-0.49-0.55
Click cells to compare fundamentals

Innoviva Account Relationship Matchups

Innoviva fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets724.8M999.6M926.4M1.2B1.2B1.3B
Total Stockholder Equity313.5M539.9M414.7M565.8M675.0M708.7M
Retained Earnings(946.4M)(722.0M)(456.1M)(204.9M)(25.2M)(26.4M)
Other Assets293.6M657.5M425.2M198.5M228.2M131.6M
Common Stock Shares Outstanding113.4M113.6M94.3M34.3M36.1M34.3M
Liabilities And Stockholders Equity724.8M999.6M926.4M1.2B1.2B1.3B
Other Stockholder Equity1.3B1.3B870.2M770.0M699.5M1.0B
Total Liab382.7M391.7M400.5M665.7M568.6M442.4M
Short Long Term Debt Total377.1M385.5M394.7M637.9M449.1M331.0M
Other Current Liab5.4M6.0M5.8M(63.8M)28.9M30.4M
Total Current Liabilities5.4M6.1M5.8M38.8M38.1M25.0M
Other Liab586K219K106K84.2M75.8M49.3M
Property Plant And Equipment Net33K28K12K3.4M3.0M2.9M
Net Debt99.0M139.0M193.1M346.8M255.6M192.9M
Accounts Payable10K66K27K2.9M6.7M7.1M
Cash278.1M246.5M201.5M291.0M193.5M138.1M
Non Current Assets Total293.6M657.5M612.7M788.0M899.3M944.3M
Non Currrent Assets Other139.4M214K108K101.9M87.1M68.4M
Long Term Debt377.1M385.5M394.7M540.4M446.2M321.7M
Cash And Short Term Investments350.8M246.5M201.5M291.0M193.5M235.5M
Net Receivables79.4M93.9M110.7M64.1M84.1M88.3M
Common Stock Total Equity1.0M1.0M1.0M696K800.4K857.6K
Short Term Investments72.7M438.3M483.8M403.0M463.5M486.6M
Non Current Liabilities Total377.3M385.6M394.7M626.9M530.4M426.9M
Other Current Assets80.4M95.6M112.1M32.5M25.9M28.2M
Property Plant And Equipment Gross33K28K12K3.4M3.0M2.9M
Total Current Assets431.2M342.1M313.7M443.5M344.2M281.5M
Common Stock1.0M1.0M696K692K633K845.9K
Property Plant Equipment33K28K12K3.4M3.1M2.9M
Inventory(79.4M)(93.9M)(110.7M)55.9M40.7M42.8M
Net Tangible Assets313.5M539.9M414.7M286.2M329.1M345.5M
Noncontrolling Interest In Consolidated Entity152K5.5M67.9M111.2M127.9M134.3M
Retained Earnings Total Equity(1.5B)(1.1B)(722.0M)(456.1M)(524.6M)(550.8M)
Long Term Debt Total574.4M382.9M377.1M385.5M443.3M463.7M
Capital Surpluse1.3B1.3B1.3B1.3B1.1B1.1B
Deferred Long Term Liab139.1M125.3M111.4M97.6M112.2M122.3M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Innoviva in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Innoviva's short interest history, or implied volatility extrapolated from Innoviva options trading.

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When determining whether Innoviva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Innoviva's 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 Innoviva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Innoviva Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviva. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Innoviva's price analysis, check to measure Innoviva'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 Innoviva is operating at the current time. Most of Innoviva's value examination focuses on studying past and present price action to predict the probability of Innoviva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviva's price. Additionally, you may evaluate how the addition of Innoviva to your portfolios can decrease your overall portfolio volatility.
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Is Innoviva'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 Innoviva. If investors know Innoviva 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 Innoviva 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
0.104
Earnings Share
2.24
Revenue Per Share
4.847
Quarterly Revenue Growth
0.015
Return On Assets
0.0714
The market value of Innoviva is measured differently than its book value, which is the value of Innoviva that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviva's value that differs from its market value or its book value, called intrinsic value, which is Innoviva'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 Innoviva's market value can be influenced by many factors that don't directly affect Innoviva'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 Innoviva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviva'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.