Innodata Net Receivables vs Retained Earnings Analysis

INOD Stock  USD 52.99  2.04  4.00%   
Innodata financial indicator trend analysis is infinitely more than just investigating Innodata recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Innodata is a good investment. Please check the relationship between Innodata Net Receivables and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.

Net Receivables vs Retained Earnings

Net Receivables vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Innodata Net Receivables account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Innodata's Net Receivables and Retained Earnings is 0.5. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Innodata, assuming nothing else is changed. The correlation between historical values of Innodata's Net Receivables and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Innodata are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Net Receivables i.e., Innodata's Net Receivables and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Innodata's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Innodata 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 Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.At present, Innodata's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 34.65, whereas Tax Provision is projected to grow to (3.6 M).
 2023 2024 2025 2026 (projected)
Gross Profit31.9M66.9M77.0M80.8M
Total Revenue86.8M170.5M196.0M205.8M

Innodata fundamental ratios Correlations

-0.020.890.960.940.34-0.860.460.360.950.860.980.950.960.130.690.920.920.980.010.620.680.860.60.7-0.4
-0.020.010.02-0.130.730.3-0.240.0-0.130.33-0.13-0.16-0.14-0.480.120.040.16-0.150.330.520.170.050.480.390.19
0.890.010.890.810.27-0.770.280.080.860.830.90.840.810.210.560.90.860.850.040.620.740.890.510.62-0.48
0.960.020.890.810.33-0.760.20.490.860.920.920.850.920.20.710.980.980.91-0.050.730.830.90.620.72-0.5
0.94-0.130.810.810.27-0.910.730.170.950.670.950.970.920.050.580.750.740.970.070.360.410.70.490.58-0.27
0.340.730.270.330.27-0.050.110.160.190.550.250.20.29-0.270.450.280.410.250.120.560.190.40.550.530.19
-0.860.3-0.77-0.76-0.91-0.05-0.62-0.18-0.96-0.55-0.88-0.96-0.81-0.24-0.51-0.72-0.69-0.92-0.05-0.32-0.43-0.65-0.39-0.510.38
0.46-0.240.280.20.730.11-0.62-0.190.570.040.520.620.5-0.110.190.090.10.580.17-0.25-0.30.10.070.110.18
0.360.00.080.490.170.16-0.18-0.190.210.460.260.230.380.030.410.460.510.3-0.150.440.50.240.430.42-0.22
0.95-0.130.860.860.950.19-0.960.570.210.690.951.00.880.20.530.830.810.970.080.480.540.760.460.57-0.41
0.860.330.830.920.670.55-0.550.040.460.690.770.680.76-0.020.680.920.960.740.040.870.880.860.760.8-0.35
0.98-0.130.90.920.950.25-0.880.520.260.950.770.950.960.230.640.880.860.98-0.020.490.590.820.470.59-0.45
0.95-0.160.840.850.970.2-0.960.620.231.00.680.950.90.180.550.810.790.980.070.450.50.750.460.56-0.37
0.96-0.140.810.920.920.29-0.810.50.380.880.760.960.90.170.710.860.850.97-0.090.490.570.830.510.62-0.4
0.13-0.480.210.20.05-0.27-0.24-0.110.030.2-0.020.230.180.170.160.190.140.18-0.21-0.040.150.28-0.42-0.23-0.52
0.690.120.560.710.580.45-0.510.190.410.530.680.640.550.710.160.660.70.64-0.20.510.550.620.670.77-0.18
0.920.040.90.980.750.28-0.720.090.460.830.920.880.810.860.190.660.980.86-0.080.770.890.910.640.74-0.57
0.920.160.860.980.740.41-0.690.10.510.810.960.860.790.850.140.70.980.85-0.030.840.870.910.670.75-0.46
0.98-0.150.850.910.970.25-0.920.580.30.970.740.980.980.970.180.640.860.850.00.480.550.80.50.61-0.39
0.010.330.04-0.050.070.12-0.050.17-0.150.080.04-0.020.07-0.09-0.21-0.2-0.08-0.030.00.05-0.04-0.080.10.060.11
0.620.520.620.730.360.56-0.32-0.250.440.480.870.490.450.49-0.040.510.770.840.480.050.840.750.670.69-0.23
0.680.170.740.830.410.19-0.43-0.30.50.540.880.590.50.570.150.550.890.870.55-0.040.840.760.620.68-0.53
0.860.050.890.90.70.4-0.650.10.240.760.860.820.750.830.280.620.910.910.8-0.080.750.760.490.61-0.51
0.60.480.510.620.490.55-0.390.070.430.460.760.470.460.51-0.420.670.640.670.50.10.670.620.490.98-0.07
0.70.390.620.720.580.53-0.510.110.420.570.80.590.560.62-0.230.770.740.750.610.060.690.680.610.98-0.19
-0.40.19-0.48-0.5-0.270.190.380.18-0.22-0.41-0.35-0.45-0.37-0.4-0.52-0.18-0.57-0.46-0.390.11-0.23-0.53-0.51-0.07-0.19
Click cells to compare fundamentals

Innodata Account Relationship Matchups

Innodata fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets59.2M48.0M59.4M113.4M130.5M137.0M
Short Long Term Debt Total7.3M5.8M5.5M4.7M5.4M3.6M
Other Current Liab1.3M5.8M12.1M20.4M23.4M24.6M
Total Current Liabilities21.3M20.8M22.9M39.5M45.4M47.7M
Total Stockholder Equity29.9M18.8M25.7M63.5M73.0M76.6M
Property Plant And Equipment Net8.6M6.8M7.3M8.3M9.6M6.8M
Net Debt(12.6M)(5.1M)(8.3M)(42.2M)(38.0M)(36.1M)
Retained Earnings3.2M(8.8M)(9.7M)19.0M21.8M22.9M
Accounts Payable9.4M9.9M2.7M4.6M5.2M5.5M
Cash18.9M9.8M13.8M46.9M53.9M56.6M
Non Current Assets Total25.3M24.4M27.4M32.4M37.3M39.2M
Non Currrent Assets Other2.2M1.5M2.4M8.8M10.1M10.6M
Cash And Short Term Investments18.9M10.3M13.8M46.9M53.9M56.6M
Net Receivables11.4M9.5M14.3M28.0M32.2M33.8M
Common Stock Shares Outstanding26.6M27.3M28.1M32.2M37.0M28.0M
Liabilities And Stockholders Equity59.2M48.0M59.4M113.4M130.5M137.0M
Other Current Assets3.7M3.9M4.0M6.1M7.0M3.6M
Other Stockholder Equity28.7M29.4M36.7M46.6M53.6M56.3M
Total Liab32.8M30.0M34.4M50.1M57.6M60.4M
Total Current Assets34.0M23.7M32.1M81M93.2M97.8M
Short Term Debt1.0M693K782K877K1.0M871.1K
Non Current Liabilities Total11.5M9.2M11.5M10.6M12.1M12.7M
Intangible Assets10.3M12.5M13.8M13.4M15.4M16.1M
Property Plant And Equipment Gross8.6M6.8M24.9M24.9M28.6M30.1M
Accumulated Other Comprehensive Income(2.2M)(2.1M)(1.6M)(2.5M)(2.8M)(3.0M)
Common Stock303K306K320K345K396.8K283.4K
Other Assets11.4M4.2M3.0M1.01.151.09
Property Plant Equipment7.1M13.8M8.6M2.5M2.9M2.7M
Good Will2.1M2.0M2.1M2.0M2.3M1.5M
Current Deferred Revenue9.6M4.4M3.5M8.0M9.2M7.2M
Long Term Debt4.5M6.3M6.2M5.1M5.8M3.4M
Other Liab4.8M6.1M6.2M5.1M5.9M4.1M
Net Tangible Assets22.0M22.8M17.4M3.5M3.1M3.0M
Warrants(3.4M)(3.4M)(3.5M)(727K)(654.3K)(687.0K)
Retained Earnings Total Equity5.0M4.8M3.2M(8.8M)(7.9M)(7.5M)
Long Term Debt Total4.5M6.3M6.2M5.1M5.8M4.9M

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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 Innodata is a strong investment it is important to analyze Innodata'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 Innodata's future performance. For an informed investment choice regarding Innodata 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 Innodata. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Data Processing & Outsourced Services 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 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
(0.53)
Earnings Share
1.01
Revenue Per Share
7.625
Quarterly Revenue Growth
0.198
Return On Assets
0.2084
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.