Innoviz Cash And Short Term Investments vs Inventory Analysis
| INVZ Stock | USD 1.18 0.04 3.28% |
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 Cash And Short Term Investments and its Inventory 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 tightly coupled 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.
Cash And Short Term Investments vs Inventory
Cash And Short Term Investments vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Cash And Short Term Investments account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Innoviz Technologies' Cash And Short Term Investments and Inventory is 0.79. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Inventory 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' Cash And Short Term Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Innoviz Technologies are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Cash And Short Term Investments i.e., Innoviz Technologies' Cash And Short Term Investments and Inventory go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Innoviz Technologies balance sheet. This account contains Innoviz Technologies investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Innoviz Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Inventory
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 tightly coupled 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) | Total Operating Expenses | 152.6M | 124.6M | 121.0M | 108.1M | Cost Of Revenue | 10.5M | 14.8M | 32.5M | 34.1M |
Innoviz Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Innoviz Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Innoviz Technologies fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Current Liab | 6.8M | 8.1M | 50K | 16.3M | 18.2M | 19.1M | |
| Total Current Liabilities | 14.7M | 17.8M | 21.7M | 32.4M | 37.2M | 26.7M | |
| Net Tangible Assets | (145.7M) | (223.7M) | 298.8M | 192.0M | 220.8M | 231.9M | |
| Retained Earnings | (149.9M) | (231.4M) | (385.0M) | (511.8M) | (635.3M) | (603.5M) | |
| Accounts Payable | 7.1M | 7.8M | 5.8M | 8.4M | 8.0M | 6.2M | |
| Net Receivables | 1.0M | 2.5M | 513K | 1.8M | 7.4M | 7.8M | |
| Common Stock Shares Outstanding | 4.3M | 19.0M | 102.9M | 135.2M | 147.5M | 98.8M | |
| Inventory | 1.3M | 2.2M | 4.3M | 4.2M | 1.9M | 2.8M | |
| Other Current Assets | 1.2M | 2.7M | 1.1M | 3.2M | 5.8M | 3.1M | |
| Total Current Assets | 111.8M | 57.9M | 274.4M | 187.6M | 160.5M | 149.4M | |
| Property Plant Equipment | 11.3M | 13.2M | 14.5M | 57.4M | 66.0M | 69.3M |
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 Innoviz Technologies 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, Innoviz Technologies' short interest history, or implied volatility extrapolated from Innoviz Technologies options trading.
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Try AI Portfolio ArchitectCheck 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 tightly coupled 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.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' 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 Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Innoviz Technologies' 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 Innoviz Technologies. If investors know Innoviz 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 Innoviz Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.76) | Revenue Per Share 0.174 | Quarterly Revenue Growth 5.987 | Return On Assets (0.39) | Return On Equity (0.81) |
The market value of Innoviz Technologies is measured differently than its book value, which is the value of Innoviz that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviz Technologies' value that differs from its market value or its book value, called intrinsic value, which is Innoviz Technologies' 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 Innoviz Technologies' market value can be influenced by many factors that don't directly affect Innoviz Technologies' 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 Innoviz Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviz Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviz Technologies' 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.