Innodata Stock Current Ratio
| INOD Stock | USD 6.72 0.24 3.70% |
Innodata fundamentals help investors to digest information that contributes to Innodata's financial success or failures. It also enables traders to predict the movement of Innodata Stock. The fundamental analysis module provides a way to measure Innodata's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innodata stock.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 1.40 | 1.33 |
Innodata | Current Ratio |
Innodata Company Current Ratio Analysis
Innodata's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Innodata Current Ratio | 1.29 X |
Most of Innodata's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innodata is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Innodata Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Innodata is extremely important. It helps to project a fair market value of Innodata Stock properly, considering its historical fundamentals such as Current Ratio. Since Innodata's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innodata's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innodata's interrelated accounts and indicators.
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Innodata Current Ratio Historical Pattern
Today, most investors in Innodata Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Innodata's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Innodata current ratio as a starting point in their analysis.
Innodata Current Ratio |
| Timeline |
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
Innodata Price To Sales Ratio
Price To Sales Ratio |
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In accordance with the recently published financial statements, Innodata has a Current Ratio of 1.29 times. This is 54.42% lower than that of the IT Services sector and 33.85% lower than that of the Information Technology industry. The current ratio for all United States stocks is 40.28% higher than that of the company.
Innodata Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innodata's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innodata could also be used in its relative valuation, which is a method of valuing Innodata by comparing valuation metrics of similar companies.Innodata is currently under evaluation in current ratio category among related companies.
Innodata Fundamentals
| Return On Equity | -0.0413 | |||
| Return On Asset | 0.0037 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 184.17 M | |||
| Shares Outstanding | 28.75 M | |||
| Shares Owned By Insiders | 6.90 % | |||
| Shares Owned By Institutions | 35.93 % | |||
| Number Of Shares Shorted | 3.07 M | |||
| Price To Earning | 159.50 X | |||
| Price To Book | 7.09 X | |||
| Price To Sales | 2.10 X | |||
| Revenue | 86.78 M | |||
| Gross Profit | 29.31 M | |||
| EBITDA | 5.66 M | |||
| Net Income | (908 K) | |||
| Cash And Equivalents | 10.48 M | |||
| Cash Per Share | 0.38 X | |||
| Total Debt | 5.48 M | |||
| Debt To Equity | 0.24 % | |||
| Current Ratio | 1.29 X | |||
| Book Value Per Share | 0.89 X | |||
| Cash Flow From Operations | 5.9 M | |||
| Short Ratio | 12.73 X | |||
| Earnings Per Share | (0.03) X | |||
| Target Price | 5.0 | |||
| Number Of Employees | 4.3 K | |||
| Beta | 1.99 | |||
| Market Capitalization | 193.22 M | |||
| Total Asset | 59.43 M | |||
| Retained Earnings | (9.68 M) | |||
| Working Capital | 9.14 M | |||
| Current Asset | 37.34 M | |||
| Current Liabilities | 12.38 M | |||
| Net Asset | 59.43 M |
About Innodata Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innodata's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innodata using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innodata based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Innodata 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, Innodata's short interest history, or implied volatility extrapolated from Innodata options trading.
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Try AI Portfolio ArchitectCheck out Innodata Piotroski F Score and Innodata Altman Z Score analysis. For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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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.
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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.