Innoviz Cost Of Revenue vs Income Tax Expense Analysis

INVZW Stock

USD 0.21 0.02 8.09%

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 Cost Of Revenue and its Income Tax Expense 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 closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Innoviz Stock please use our How to Invest in Innoviz Technologies guide.

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Cost Of Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have totally related.

The correlation between Innoviz Technologies' Cost Of Revenue and Income Tax Expense is 0.99. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Income Tax Expense 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' Cost Of Revenue and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Innoviz Technologies are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Cost Of Revenue i.e., Innoviz Technologies' Cost Of Revenue and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Cost Of Revenue

Cost of Revenue is found on Innoviz Technologies income statement and represents the costs associated with goods and services Innoviz Technologies provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Income Tax Expense

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 closely tied with the direction of predictive economic indicators such as signals in nation.

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 climb to about 82.6 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

Total Operating Expenses Cost Of Revenue

Innoviz Technologies fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt
Common Stock Shares Outstanding		0.2	0.17	0.11	0.16	0.18	0.22	0.08	0.02	-0.1	0.01	0.09	0.16	0.06	0.03	0.21	0.02	0.15	-0.16	-0.06	-0.04	0.17	-0.19	0.18	0.21	-0.02
Total Assets	0.2		0.94	0.85	0.7	0.98	0.61	0.46	0.75	-0.75	-0.08	-0.77	0.89	-0.69	-0.51	0.97	0.32	0.98	-0.94	0.86	0.69	0.91	-0.96	0.98	0.63	0.61
Short Long Term Debt Total	0.17	0.94		0.94	0.89	0.97	0.81	0.65	0.87	-0.89	0.2	-0.85	0.99	-0.5	-0.61	0.83	0.49	0.9	-0.97	0.85	0.86	0.99	-0.99	0.97	0.84	0.81
Other Current Liab	0.11	0.85	0.94		0.9	0.92	0.76	0.75	0.94	-0.93	0.21	-0.95	0.92	-0.47	-0.76	0.73	0.68	0.84	-0.95	0.71	0.95	0.97	-0.95	0.92	0.84	0.93
Total Current Liabilities	0.16	0.7	0.89	0.9		0.81	0.96	0.88	0.92	-0.96	0.58	-0.78	0.93	-0.1	-0.76	0.52	0.75	0.62	-0.88	0.64	0.91	0.93	-0.86	0.8	0.99	0.92
Total Stockholder Equity	0.18	0.98	0.97	0.92	0.81		0.71	0.62	0.86	-0.86	0.09	-0.84	0.95	-0.59	-0.65	0.92	0.48	0.95	-0.99	0.86	0.79	0.96	-0.99	1.0	0.74	0.73
Property Plant And Equipment Net	0.22	0.61	0.81	0.76	0.96	0.71		0.84	0.81	-0.88	0.7	-0.58	0.88	0.09	-0.64	0.41	0.64	0.49	-0.78	0.59	0.77	0.84	-0.77	0.71	0.98	0.79
Current Deferred Revenue	0.08	0.46	0.65	0.75	0.88	0.62	0.84		0.9	-0.92	0.74	-0.67	0.73	0.16	-0.93	0.28	0.95	0.38	-0.73	0.43	0.81	0.72	-0.65	0.62	0.88	0.86
Net Debt	0.02	0.75	0.87	0.94	0.92	0.86	0.81	0.9		-0.99	0.45	-0.92	0.9	-0.27	-0.91	0.6	0.83	0.72	-0.92	0.71	0.95	0.91	-0.88	0.86	0.87	0.95
Retained Earnings	-0.1	-0.75	-0.89	-0.93	-0.96	-0.86	-0.88	-0.92	-0.99		-0.52	0.86	-0.93	0.19	0.89	-0.59	-0.82	-0.7	0.93	-0.7	-0.93	-0.93	0.89	-0.86	-0.92	-0.93
Accounts Payable	0.01	-0.08	0.2	0.21	0.58	0.09	0.7	0.74	0.45	-0.52		-0.11	0.35	0.71	-0.53	-0.28	0.64	-0.21	-0.23	0.09	0.38	0.26	-0.14	0.08	0.65	0.46
Cash	0.09	-0.77	-0.85	-0.95	-0.78	-0.84	-0.58	-0.67	-0.92	0.86	-0.11		-0.82	0.57	0.77	-0.67	-0.66	-0.81	0.87	-0.72	-0.95	-0.87	0.85	-0.84	-0.69	-0.91
Non Current Assets Total	0.16	0.89	0.99	0.92	0.93	0.95	0.88	0.73	0.9	-0.93	0.35	-0.82		-0.38	-0.67	0.76	0.56	0.83	-0.97	0.85	0.87	0.99	-0.97	0.95	0.89	0.83
Non Currrent Assets Other	0.06	-0.69	-0.5	-0.47	-0.1	-0.59	0.09	0.16	-0.27	0.19	0.71	0.57	-0.38		0.06	-0.79	0.16	-0.8	0.48	-0.59	-0.33	-0.45	0.55	-0.59	0.02	-0.21
Long Term Debt	0.03	-0.51	-0.61	-0.76	-0.76	-0.65	-0.64	-0.93	-0.91	0.89	-0.53	0.77	-0.67	0.06		-0.38	-0.95	-0.48	0.75	-0.48	-0.8	-0.68	0.65	-0.65	-0.71	-0.83
Cash And Short Term Investments	0.21	0.97	0.83	0.73	0.52	0.92	0.41	0.28	0.6	-0.59	-0.28	-0.67	0.76	-0.79	-0.38		0.16	0.98	-0.85	0.8	0.53	0.79	-0.88	0.92	0.44	0.44
Net Receivables	0.02	0.32	0.49	0.68	0.75	0.48	0.64	0.95	0.83	-0.82	0.64	-0.66	0.56	0.16	-0.95	0.16		0.28	-0.6	0.24	0.75	0.58	-0.51	0.48	0.74	0.83
Short Term Investments	0.15	0.98	0.9	0.84	0.62	0.95	0.49	0.38	0.72	-0.7	-0.21	-0.81	0.83	-0.8	-0.48	0.98	0.28		-0.9	0.83	0.68	0.87	-0.93	0.95	0.54	0.6
Non Current Liabilities Total	-0.16	-0.94	-0.97	-0.95	-0.88	-0.99	-0.78	-0.73	-0.92	0.93	-0.23	0.87	-0.97	0.48	0.75	-0.85	-0.6	-0.9		-0.84	-0.85	-0.98	0.99	-0.99	-0.82	-0.81
Inventory	-0.06	0.86	0.85	0.71	0.64	0.86	0.59	0.43	0.71	-0.7	0.09	-0.72	0.85	-0.59	-0.48	0.8	0.24	0.83	-0.84		0.67	0.81	-0.85	0.86	0.56	0.57
Other Current Assets	-0.04	0.69	0.86	0.95	0.91	0.79	0.77	0.81	0.95	-0.93	0.38	-0.95	0.87	-0.33	-0.8	0.53	0.75	0.68	-0.85	0.67		0.9	-0.84	0.79	0.86	0.99
Other Stockholder Equity	0.17	0.91	0.99	0.97	0.93	0.96	0.84	0.72	0.91	-0.93	0.26	-0.87	0.99	-0.45	-0.68	0.79	0.58	0.87	-0.98	0.81	0.9		-0.99	0.96	0.88	0.86
Total Liab	-0.19	-0.96	-0.99	-0.95	-0.86	-0.99	-0.77	-0.65	-0.88	0.89	-0.14	0.85	-0.97	0.55	0.65	-0.88	-0.51	-0.93	0.99	-0.85	-0.84	-0.99		-0.99	-0.8	-0.79
Net Invested Capital	0.18	0.98	0.97	0.92	0.8	1.0	0.71	0.62	0.86	-0.86	0.08	-0.84	0.95	-0.59	-0.65	0.92	0.48	0.95	-0.99	0.86	0.79	0.96	-0.99		0.74	0.73
Property Plant And Equipment Gross	0.21	0.63	0.84	0.84	0.99	0.74	0.98	0.88	0.87	-0.92	0.65	-0.69	0.89	0.02	-0.71	0.44	0.74	0.54	-0.82	0.56	0.86	0.88	-0.8	0.74		0.88
Short Long Term Debt	-0.02	0.61	0.81	0.93	0.92	0.73	0.79	0.86	0.95	-0.93	0.46	-0.91	0.83	-0.21	-0.83	0.44	0.83	0.6	-0.81	0.57	0.99	0.86	-0.79	0.73	0.88

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Innoviz Technologies Account Relationship Matchups

Innoviz Technologies fundamental ratios Accounts

		2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding		4.3M	19.0M	102.9M	135.2M	147.5M	98.8M

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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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Innoviz Cost Of Revenue vs Income Tax Expense Analysis

Cost Of Revenue vs Income Tax Expense

Cost Of Revenue vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Income Tax Expense

Innoviz Technologies fundamental ratios Correlations

Innoviz Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Innoviz Technologies fundamental ratios Accounts

Also Currently Popular

Additional Tools for Innoviz Stock Analysis

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Net Invested Capital	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 0.99	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Gross	+ 0.99	Total Current Liabilities
Other Stockholder Equity	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Net Invested Capital	- 0.99	Total Liab
Total Liab	- 0.99	Other Stockholder Equity
Net Invested Capital	- 0.99	Non Current Liabilities Total
Retained Earnings	- 0.99	Net Debt
Total Liab	- 0.99	Total Stockholder Equity
Non Current Liabilities Total	- 0.99	Total Stockholder Equity