Innoviz Total Revenue vs Income Before Tax 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 Total Revenue and its Income Before Tax 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.

Total Revenue vs Income Before Tax

Total Revenue vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innoviz Technologies Total Revenue account and Income Before Tax. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Innoviz Technologies' Total Revenue and Income Before Tax is -0.67. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Before Tax 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' Total Revenue and Income Before Tax 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 Revenue of Innoviz Technologies are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Revenue i.e., Innoviz Technologies' Total Revenue and Income Before Tax go up and down completely randomly.

Correlation Coefficient

-0.67
Relationship DirectionNegative 
Relationship StrengthWeak

Total Revenue

Total revenue comprises all receipts Innoviz Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Innoviz Technologies income statement and is an important metric when analyzing Innoviz Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
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 Expenses152.6M124.6M121.0M108.1M
Cost Of Revenue10.5M14.8M32.5M34.1M

Innoviz Technologies fundamental ratios Correlations

0.20.170.110.160.180.220.080.02-0.10.010.090.160.060.030.210.020.15-0.16-0.06-0.040.17-0.190.180.21-0.02
0.20.940.850.70.980.610.460.75-0.75-0.08-0.770.89-0.69-0.510.970.320.98-0.940.860.690.91-0.960.980.630.61
0.170.940.940.890.970.810.650.87-0.890.2-0.850.99-0.5-0.610.830.490.9-0.970.850.860.99-0.990.970.840.81
0.110.850.940.90.920.760.750.94-0.930.21-0.950.92-0.47-0.760.730.680.84-0.950.710.950.97-0.950.920.840.93
0.160.70.890.90.810.960.880.92-0.960.58-0.780.93-0.1-0.760.520.750.62-0.880.640.910.93-0.860.80.990.92
0.180.980.970.920.810.710.620.86-0.860.09-0.840.95-0.59-0.650.920.480.95-0.990.860.790.96-0.991.00.740.73
0.220.610.810.760.960.710.840.81-0.880.7-0.580.880.09-0.640.410.640.49-0.780.590.770.84-0.770.710.980.79
0.080.460.650.750.880.620.840.9-0.920.74-0.670.730.16-0.930.280.950.38-0.730.430.810.72-0.650.620.880.86
0.020.750.870.940.920.860.810.9-0.990.45-0.920.9-0.27-0.910.60.830.72-0.920.710.950.91-0.880.860.870.95
-0.1-0.75-0.89-0.93-0.96-0.86-0.88-0.92-0.99-0.520.86-0.930.190.89-0.59-0.82-0.70.93-0.7-0.93-0.930.89-0.86-0.92-0.93
0.01-0.080.20.210.580.090.70.740.45-0.52-0.110.350.71-0.53-0.280.64-0.21-0.230.090.380.26-0.140.080.650.46
0.09-0.77-0.85-0.95-0.78-0.84-0.58-0.67-0.920.86-0.11-0.820.570.77-0.67-0.66-0.810.87-0.72-0.95-0.870.85-0.84-0.69-0.91
0.160.890.990.920.930.950.880.730.9-0.930.35-0.82-0.38-0.670.760.560.83-0.970.850.870.99-0.970.950.890.83
0.06-0.69-0.5-0.47-0.1-0.590.090.16-0.270.190.710.57-0.380.06-0.790.16-0.80.48-0.59-0.33-0.450.55-0.590.02-0.21
0.03-0.51-0.61-0.76-0.76-0.65-0.64-0.93-0.910.89-0.530.77-0.670.06-0.38-0.95-0.480.75-0.48-0.8-0.680.65-0.65-0.71-0.83
0.210.970.830.730.520.920.410.280.6-0.59-0.28-0.670.76-0.79-0.380.160.98-0.850.80.530.79-0.880.920.440.44
0.020.320.490.680.750.480.640.950.83-0.820.64-0.660.560.16-0.950.160.28-0.60.240.750.58-0.510.480.740.83
0.150.980.90.840.620.950.490.380.72-0.7-0.21-0.810.83-0.8-0.480.980.28-0.90.830.680.87-0.930.950.540.6
-0.16-0.94-0.97-0.95-0.88-0.99-0.78-0.73-0.920.93-0.230.87-0.970.480.75-0.85-0.6-0.9-0.84-0.85-0.980.99-0.99-0.82-0.81
-0.060.860.850.710.640.860.590.430.71-0.70.09-0.720.85-0.59-0.480.80.240.83-0.840.670.81-0.850.860.560.57
-0.040.690.860.950.910.790.770.810.95-0.930.38-0.950.87-0.33-0.80.530.750.68-0.850.670.9-0.840.790.860.99
0.170.910.990.970.930.960.840.720.91-0.930.26-0.870.99-0.45-0.680.790.580.87-0.980.810.9-0.990.960.880.86
-0.19-0.96-0.99-0.95-0.86-0.99-0.77-0.65-0.880.89-0.140.85-0.970.550.65-0.88-0.51-0.930.99-0.85-0.84-0.99-0.99-0.8-0.79
0.180.980.970.920.81.00.710.620.86-0.860.08-0.840.95-0.59-0.650.920.480.95-0.990.860.790.96-0.990.740.73
0.210.630.840.840.990.740.980.880.87-0.920.65-0.690.890.02-0.710.440.740.54-0.820.560.860.88-0.80.740.88
-0.020.610.810.930.920.730.790.860.95-0.930.46-0.910.83-0.21-0.830.440.830.6-0.810.570.990.86-0.790.730.88
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Innoviz Technologies Account Relationship Matchups

Innoviz Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.3M19.0M102.9M135.2M147.5M98.8M

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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.