Identiv Other Operating Expenses vs Ebit Analysis
INVE Stock | USD 3.69 0.10 2.64% |
Identiv financial indicator trend analysis is infinitely more than just investigating Identiv recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Identiv is a good investment. Please check the relationship between Identiv Other Operating Expenses and its Ebit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.
Other Operating Expenses vs Ebit
Other Operating Expenses vs Ebit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Identiv Other Operating Expenses account and Ebit. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Identiv's Other Operating Expenses and Ebit is -0.15. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebit in the same time period over historical financial statements of Identiv, assuming nothing else is changed. The correlation between historical values of Identiv's Other Operating Expenses and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Identiv are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Other Operating Expenses i.e., Identiv's Other Operating Expenses and Ebit go up and down completely randomly.
Correlation Coefficient | -0.15 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Identiv. It is also known as Identiv overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Ebit
Most indicators from Identiv's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Identiv 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 Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.At present, Identiv's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 483K | 143K | 427K | 405.7K | Depreciation And Amortization | 2.0M | 2.3M | 2.7M | 3.1M |
Identiv fundamental ratios Correlations
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Identiv Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Identiv fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 74.3M | 78.7M | 96.7M | 102.8M | 109.7M | 76.6M | |
Short Long Term Debt Total | 4.8M | 3.6M | 2.2M | 4.6M | 15.4M | 9.0M | |
Other Current Liab | 21.7M | 7.3M | 5.7M | 4.2M | 4.5M | 8.7M | |
Total Current Liabilities | 34.5M | 41.6M | 20.8M | 23.4M | 30.8M | 28.1M | |
Total Stockholder Equity | 35.5M | 34.2M | 74.5M | 75.4M | 74.3M | 51.4M | |
Property Plant And Equipment Net | 6.7M | 6.2M | 6.2M | 11.1M | 14.5M | 15.3M | |
Net Debt | (4.6M) | (7.9M) | (26.3M) | (12.1M) | (7.9M) | (8.3M) | |
Retained Earnings | (405.5M) | (410.6M) | (409.0M) | (409.4M) | (414.9M) | (394.1M) | |
Accounts Payable | 8.8M | 11.0M | 10.5M | 14.8M | 12.3M | 8.3M | |
Cash | 9.4M | 11.4M | 28.6M | 16.7M | 23.3M | 18.8M | |
Non Current Assets Total | 28.1M | 25.2M | 23.9M | 27.7M | 30.2M | 30.1M | |
Non Currrent Assets Other | (3.7M) | (2.2M) | (2.1M) | (2.7M) | 886K | 1.3M | |
Cash And Short Term Investments | 9.4M | 11.4M | 28.6M | 16.7M | 23.3M | 21.5M | |
Net Receivables | 18.4M | 18.9M | 20.0M | 24.8M | 22.0M | 13.8M | |
Common Stock Shares Outstanding | 17.0M | 18.0M | 21.3M | 22.7M | 23.1M | 24.2M | |
Liabilities And Stockholders Equity | 74.3M | 78.7M | 96.7M | 102.8M | 109.7M | 76.6M | |
Inventory | 16.1M | 20.3M | 19.9M | 29.0M | 28.7M | 15.4M | |
Other Current Assets | 2.3M | 5.6M | 7.3M | 4.7M | 5.5M | 8.1M | |
Other Stockholder Equity | 438.9M | 442.2M | 481.5M | 483.6M | 487.8M | 328.6M | |
Total Liab | 38.9M | 44.5M | 22.2M | 27.4M | 35.5M | 34.6M | |
Total Current Assets | 46.2M | 53.4M | 72.7M | 75.1M | 79.5M | 54.7M | |
Short Term Debt | 1.8M | 21.4M | 2.5M | 2.4M | 11.7M | 6.1M | |
Property Plant And Equipment Gross | 6.7M | 6.2M | 6.2M | 11.1M | 28.2M | 29.6M | |
Accumulated Other Comprehensive Income | 2.0M | 2.6M | 1.9M | 1.1M | 1.3M | 900.1K | |
Intangible Assets | 10.1M | 7.6M | 6.4M | 5.3M | 4.3M | 4.0M | |
Non Current Liabilities Total | 4.4M | 2.9M | 1.3M | 4.0M | 4.7M | 7.7M | |
Other Assets | 774K | 4.6M | 1.1M | 772K | 1.0 | 0.95 | |
Common Stock Total Equity | 17K | 18K | 19K | 24K | 27.6K | 26.7K | |
Common Stock | 17K | 18K | 19K | 24K | 25K | 26.8K | |
Property Plant Equipment | 2.0M | 2.8M | 6.2M | 6.7M | 6.0M | 3.8M | |
Treasury Stock | (9.0M) | (9.9M) | (11.1M) | (12.2M) | (11.0M) | (10.4M) | |
Other Liab | 1.4M | 643K | 365K | 612K | 550.8K | 523.3K | |
Current Deferred Revenue | 2.2M | 2.0M | 2.2M | 2.1M | 2.3M | 1.8M | |
Good Will | 10.2M | 10.3M | 10.3M | 10.2M | 10.2M | 13.4M | |
Net Tangible Assets | 15.1M | 16.4M | 57.8M | 59.9M | 68.9M | 72.4M | |
Retained Earnings Total Equity | (405.5M) | (410.6M) | (409.0M) | (409.4M) | (368.4M) | (386.9M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Identiv is a strong investment it is important to analyze Identiv'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 Identiv's future performance. For an informed investment choice regarding Identiv 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 Identiv. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Electronic Equipment, Instruments & Components space 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 Identiv. If investors know Identiv 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 Identiv 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 (0.89) | Earnings Share (0.74) | Revenue Per Share 4.447 | Quarterly Revenue Growth (0.80) | Return On Assets (0.07) |
The market value of Identiv is measured differently than its book value, which is the value of Identiv that is recorded on the company's balance sheet. Investors also form their own opinion of Identiv's value that differs from its market value or its book value, called intrinsic value, which is Identiv'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 Identiv's market value can be influenced by many factors that don't directly affect Identiv'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 Identiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Identiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Identiv'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.