Teradyne Net Tangible Assets vs Accumulated Depreciation Analysis

TER Stock  USD 114.13  5.22  4.79%   
Teradyne financial indicator trend analysis is much more than just breaking down Teradyne prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teradyne is a good investment. Please check the relationship between Teradyne Net Tangible Assets and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.

Net Tangible Assets vs Accumulated Depreciation

Net Tangible Assets vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teradyne Net Tangible Assets account and Accumulated Depreciation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Teradyne's Net Tangible Assets and Accumulated Depreciation is 0.41. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Teradyne, assuming nothing else is changed. The correlation between historical values of Teradyne's Net Tangible Assets and Accumulated Depreciation 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 Tangible Assets of Teradyne are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Net Tangible Assets i.e., Teradyne's Net Tangible Assets and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Teradyne fixed asset that has been charged to Teradyne expense since that asset was acquired and made available for Teradyne use. The accumulated depreciation account is Teradyne asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Teradyne.
Most indicators from Teradyne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teradyne 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.At this time, Teradyne's Selling General Administrative is relatively stable compared to the past year. As of 04/28/2024, Tax Provision is likely to grow to about 101.6 M, while Issuance Of Capital Stock is likely to drop slightly above 27.7 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.7B3.2B2.7B1.6B
Depreciation And Amortization126.8M145.1M110.7M96.3M

Teradyne fundamental ratios Correlations

0.40.510.910.930.75-0.520.390.670.790.260.790.810.290.540.710.620.950.830.960.220.60.850.530.560.24
0.40.210.20.22-0.010.23-0.430.120.35-0.310.620.190.270.74-0.140.10.530.570.370.34-0.030.250.510.450.52
0.510.210.660.380.46-0.570.090.680.340.180.320.65-0.040.350.470.840.430.580.52-0.330.20.68-0.01-0.06-0.29
0.910.20.660.810.85-0.720.370.830.620.460.620.940.040.460.860.750.820.830.920.040.720.90.230.27-0.07
0.930.220.380.810.72-0.50.660.490.860.180.630.680.370.220.680.550.870.580.840.230.510.750.580.630.23
0.75-0.010.460.850.72-0.790.480.760.540.680.310.89-0.080.20.920.560.640.590.74-0.250.830.820.10.18-0.29
-0.520.23-0.57-0.72-0.5-0.79-0.39-0.86-0.35-0.76-0.12-0.740.03-0.04-0.79-0.57-0.44-0.41-0.530.46-0.75-0.68-0.01-0.070.57
0.39-0.430.090.370.660.48-0.390.070.460.090.050.280.17-0.520.440.320.2-0.130.310.060.220.350.170.220.0
0.670.120.680.830.490.76-0.860.070.350.720.430.850.010.510.750.610.630.770.72-0.320.80.790.10.14-0.35
0.790.350.340.620.860.54-0.350.460.350.120.430.420.610.190.540.380.830.460.580.110.360.590.750.780.12
0.26-0.310.180.460.180.68-0.760.090.720.12-0.070.52-0.010.10.690.20.240.310.28-0.460.870.46-0.040.03-0.58
0.790.620.320.620.630.31-0.120.050.430.43-0.070.540.310.760.210.390.760.810.840.530.30.560.530.520.68
0.810.190.650.940.680.89-0.740.280.850.420.520.54-0.20.480.840.730.70.810.88-0.090.760.910.020.06-0.15
0.290.27-0.040.040.37-0.080.030.170.010.61-0.010.31-0.20.1-0.08-0.070.40.090.10.260.040.060.910.880.36
0.540.740.350.460.220.2-0.04-0.520.510.190.10.760.480.10.160.240.620.880.620.210.320.450.290.270.37
0.71-0.140.470.860.680.92-0.790.440.750.540.690.210.84-0.080.160.620.630.560.69-0.230.810.820.050.14-0.41
0.620.10.840.750.550.56-0.570.320.610.380.20.390.73-0.070.240.620.510.560.64-0.020.330.810.050.0-0.15
0.950.530.430.820.870.64-0.440.20.630.830.240.760.70.40.620.630.510.830.880.220.560.770.650.690.24
0.830.570.580.830.580.59-0.41-0.130.770.460.310.810.810.090.880.560.560.830.890.150.590.770.310.310.19
0.960.370.520.920.840.74-0.530.310.720.580.280.840.880.10.620.690.640.880.890.240.630.850.350.390.26
0.220.34-0.330.040.23-0.250.460.06-0.320.11-0.460.53-0.090.260.21-0.23-0.020.220.150.24-0.13-0.060.390.350.82
0.6-0.030.20.720.510.83-0.750.220.80.360.870.30.760.040.320.810.330.560.590.63-0.130.70.160.25-0.27
0.850.250.680.90.750.82-0.680.350.790.590.460.560.910.060.450.820.810.770.770.85-0.060.70.260.27-0.08
0.530.51-0.010.230.580.1-0.010.170.10.75-0.040.530.020.910.290.050.050.650.310.350.390.160.260.990.5
0.560.45-0.060.270.630.18-0.070.220.140.780.030.520.060.880.270.140.00.690.310.390.350.250.270.990.46
0.240.52-0.29-0.070.23-0.290.570.0-0.350.12-0.580.68-0.150.360.37-0.41-0.150.240.190.260.82-0.27-0.080.50.46
Click cells to compare fundamentals

Teradyne Account Relationship Matchups

Teradyne fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.7B3.8B3.5B3.5B1.9B
Short Long Term Debt Total460.0M472.8M184.6M132.9M82.6M78.5M
Other Current Liab288.1M378.6M458.6M389.5M7.4M7.0M
Total Current Liabilities539.0M700.9M797.1M746.3M660.0M353.1M
Total Stockholder Equity1.5B2.2B2.6B2.5B2.5B1.3B
Property Plant And Equipment Net377.8M449.4M456.0M492.4M518.9M378.5M
Net Debt(313.9M)(441.4M)(937.6M)(721.9M)(675.0M)(641.2M)
Retained Earnings(241.9M)387.4M736.6M725.7M706.5M358.8M
Cash773.9M914.1M1.1B854.8M757.6M795.4M
Non Current Assets Total1.1B1.2B1.2B1.2B1.3B823.9M
Non Currrent Assets Other41.4M26.9M39.2M40.7M50.1M70.2M
Cash And Short Term Investments911.2M1.4B1.4B894.4M819.7M568.6M
Net Receivables362.4M497.5M550.7M491.1M422.1M235.9M
Common Stock Shares Outstanding179.5M183.0M183.6M169.7M164.3M220.4M
Liabilities And Stockholders Equity2.8B3.7B3.8B3.5B3.5B1.9B
Non Current Liabilities Total765.5M744.5M441.9M303.7M301.0M269.8M
Inventory196.7M222.2M243.3M325.0M310.0M185.0M
Other Current Assets188.6M259.3M415.7M547.4M38.0M36.1M
Other Stockholder Equity1.7B1.8B1.8B1.8B1.8B1.1B
Total Liab1.3B1.4B1.2B1.0B960.9M622.9M
Total Current Assets1.7B2.4B2.6B2.3B2.2B1.1B
Short Term Debt19.5M53.9M39.2M68.7M17.5M16.6M
Accounts Payable126.6M133.7M153.1M139.7M180.1M189.1M
Current Deferred Revenue104.9M134.7M146.2M148.3M99.8M82.5M
Common Stock20.8M20.8M20.3M19.5M19.1M22.1M
Common Stock Total Equity20.8M20.8M20.3M19.5M22.4M22.8M
Short Term Investments137.3M522.3M244.2M39.6M62.2M59.0M
Property Plant And Equipment Gross377.8M394.8M456.0M492.4M1.4B1.5B
Accumulated Other Comprehensive Income(18.9M)33.5M(5.9M)(49.9M)(27.0M)(28.3M)
Other Assets104.0M114.8M139.9M183.5M211.0M221.5M
Long Term Debt380.0M394.7M376.8M89.2M80.3M76.3M
Property Plant Equipment320.2M394.8M456.0M418.7M376.8M314.1M
Other Liab327.3M325.6M296.4M239.5M275.4M200.2M
Good Will416.4M453.9M426.0M403.2M415.7M290.6M
Intangible Assets125.5M100.9M75.6M53.5M35.4M33.6M
Net Tangible Assets938.2M1.7B2.1B2.0B2.3B1.5B
Retained Earnings Total Equity(241.9M)387.4M736.6M725.7M834.6M876.3M
Capital Surpluse1.7B1.8B1.8B1.8B2.0B1.7B

Teradyne Investors Sentiment

The influence of Teradyne's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Teradyne. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Teradyne's public news can be used to forecast risks associated with an investment in Teradyne. The trend in average sentiment can be used to explain how an investor holding Teradyne can time the market purely based on public headlines and social activities around Teradyne. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Teradyne's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Teradyne's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Teradyne's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Teradyne.

Teradyne Implied Volatility

    
  36.34  
Teradyne's implied volatility exposes the market's sentiment of Teradyne stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Teradyne's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Teradyne stock will not fluctuate a lot when Teradyne's options are near their expiration.
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 Teradyne 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, Teradyne's short interest history, or implied volatility extrapolated from Teradyne options trading.

Currently Active Assets on Macroaxis

When determining whether Teradyne is a strong investment it is important to analyze Teradyne'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 Teradyne's future performance. For an informed investment choice regarding Teradyne Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.
Note that the Teradyne information on this page should be used as a complementary analysis to other Teradyne's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Teradyne's price analysis, check to measure Teradyne'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 Teradyne is operating at the current time. Most of Teradyne's value examination focuses on studying past and present price action to predict the probability of Teradyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teradyne's price. Additionally, you may evaluate how the addition of Teradyne to your portfolios can decrease your overall portfolio volatility.
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Is Teradyne'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 Teradyne. If investors know Teradyne 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 Teradyne 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
(0.20)
Dividend Share
0.45
Earnings Share
2.62
Revenue Per Share
17.309
Quarterly Revenue Growth
(0.03)
The market value of Teradyne is measured differently than its book value, which is the value of Teradyne that is recorded on the company's balance sheet. Investors also form their own opinion of Teradyne's value that differs from its market value or its book value, called intrinsic value, which is Teradyne'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 Teradyne's market value can be influenced by many factors that don't directly affect Teradyne'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 Teradyne's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teradyne is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teradyne'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.