AudioCodes Property Plant And Equipment Gross vs Cash Analysis
AUDC Stock | USD 8.36 0.15 1.83% |
AudioCodes financial indicator trend analysis is way more than just evaluating AudioCodes prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AudioCodes is a good investment. Please check the relationship between AudioCodes Property Plant And Equipment Gross and its Cash accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.
Property Plant And Equipment Gross vs Cash
Property Plant And Equipment Gross vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioCodes Property Plant And Equipment Gross account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between AudioCodes' Property Plant And Equipment Gross and Cash is 0.37. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Cash in the same time period over historical financial statements of AudioCodes, assuming nothing else is changed. The correlation between historical values of AudioCodes' Property Plant And Equipment Gross and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Gross of AudioCodes are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Property Plant And Equipment Gross i.e., AudioCodes' Property Plant And Equipment Gross and Cash go up and down completely randomly.
Correlation Coefficient | 0.37 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Property Plant And Equipment Gross
Cash
Cash refers to the most liquid asset of AudioCodes, which is listed under current asset account on AudioCodes balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AudioCodes customers. The amounts must be unrestricted with restricted cash listed in a different AudioCodes account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from AudioCodes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AudioCodes 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.At present, AudioCodes' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 35.67, whereas Selling General Administrative is forecasted to decline to about 12.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 621K | 2.9M | 1.6M | 1.1M | Depreciation And Amortization | 2.4M | 3.0M | 2.6M | 3.5M |
AudioCodes fundamental ratios Correlations
Click cells to compare fundamentals
AudioCodes Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AudioCodes fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 243.9M | 358.1M | 349.3M | 323.8M | 337.5M | 236.4M | |
Other Current Liab | 46.2M | 40.2M | 38.4M | 38.3M | 29.9M | 20.5M | |
Total Current Liabilities | 97.4M | 94.8M | 95.9M | 94.5M | 84.2M | 51.4M | |
Total Stockholder Equity | 92.5M | 209.9M | 205.5M | 189.8M | 188.1M | 136.9M | |
Property Plant And Equipment Net | 33.6M | 30.0M | 20.9M | 17.5M | 47.6M | 50.0M | |
Net Debt | (29.9M) | (11.1M) | (59.9M) | (10.8M) | 8.5M | 9.0M | |
Retained Earnings | (35.2M) | (16.4M) | 6.5M | 23.4M | 20.8M | 21.8M | |
Accounts Payable | 6.6M | 7.0M | 7.9M | 11.3M | 7.6M | 7.9M | |
Cash | 64.8M | 40.9M | 79.4M | 24.5M | 30.8M | 34.2M | |
Non Current Assets Total | 111.3M | 154.5M | 181.7M | 173.9M | 194.9M | 102.1M | |
Non Currrent Assets Other | 694K | 20.7M | 22.8M | 31.0M | 17.2M | 17.5M | |
Cash And Short Term Investments | 64.8M | 41.4M | 80.1M | 41.9M | 38.2M | 43.4M | |
Net Receivables | 33.1M | 34.5M | 49.0M | 56.4M | 51.1M | 30.0M | |
Common Stock Shares Outstanding | 30.8M | 32.9M | 33.8M | 32.5M | 31.6M | 29.6M | |
Short Term Investments | 6.4M | 449K | 669K | 17.4M | 7.7M | 7.3M | |
Liabilities And Stockholders Equity | 243.9M | 358.1M | 349.3M | 323.8M | 337.5M | 236.4M | |
Non Current Liabilities Total | 54.0M | 53.5M | 47.8M | 39.6M | 65.2M | 48.1M | |
Inventory | 28.3M | 29.2M | 24.0M | 36.4M | 44.0M | 46.2M | |
Other Stockholder Equity | 127.6M | 224.4M | 199.1M | 177.2M | 171.1M | 157.4M | |
Total Liab | 151.4M | 148.3M | 143.8M | 134.1M | 149.4M | 99.5M | |
Property Plant And Equipment Gross | 34.1M | 30.0M | 20.9M | 17.5M | 68.1M | 71.5M | |
Total Current Assets | 132.6M | 203.6M | 167.6M | 149.9M | 142.7M | 134.3M | |
Accumulated Other Comprehensive Income | (32.3M) | 1.8M | (223K) | (11.0M) | (3.9M) | (4.1M) | |
Other Current Assets | 6.4M | 13.7M | 9.2M | 5.2M | 9.4M | 16.9M | |
Common Stock | 94K | 105K | 107K | 109K | 110K | 90.4K | |
Other Liab | 40.9M | 34.1M | 36.4M | 34.1M | 39.2M | 41.1M | |
Other Assets | 40.4M | 32.7M | 31.5M | 40.1M | 46.1M | 48.4M | |
Property Plant Equipment | 34.1M | 30.0M | 20.9M | 17.5M | 20.1M | 21.1M | |
Short Long Term Debt Total | 34.9M | 29.8M | 19.5M | 13.7M | 39.3M | 32.8M | |
Intangible Assets | 901K | 569K | 2.4M | 1.6M | 1.0M | 970.0K | |
Current Deferred Revenue | 33.5M | 37.2M | 41.6M | 36.6M | 38.8M | 40.8M | |
Short Term Debt | 11.1M | 10.4M | 8.1M | 8.2M | 7.9M | 10.0M | |
Long Term Investments | 94K | 54.9M | 89.3M | 77.2M | 68.5M | 44.9M | |
Short Long Term Debt | 2.5M | 2.5M | 2.5M | 1.2M | 1.1M | 1.0M | |
Net Tangible Assets | 55.4M | 173.1M | 165.6M | 150.6M | 173.2M | 110.0M |
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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 AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Communications Equipment 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 AudioCodes. If investors know AudioCodes 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 AudioCodes 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 (0.35) | Dividend Share 0.18 | Earnings Share 0.4 | Revenue Per Share 8.046 | Quarterly Revenue Growth (0.02) |
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' 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 AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' 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 AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' 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.