InterDigital Capital Stock vs Long Term Investments Analysis

IDCC Stock  USD 326.26  7.88  2.48%   
InterDigital financial indicator trend analysis is infinitely more than just investigating InterDigital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterDigital is a good investment. Please check the relationship between InterDigital Capital Stock and its Long Term Investments accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.

Capital Stock vs Long Term Investments

Capital Stock vs Long Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterDigital Capital Stock account and Long Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between InterDigital's Capital Stock and Long Term Investments is -0.32. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of InterDigital, assuming nothing else is changed. The correlation between historical values of InterDigital's Capital Stock and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of InterDigital are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Capital Stock i.e., InterDigital's Capital Stock and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Long Term Investments

Long Term Investments is an item on the asset side of InterDigital balance sheet that represents investments InterDigital intends to hold for over a year. InterDigital long term investments may include different instruments such as stocks, bonds, real estate and cash.
Most indicators from InterDigital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterDigital 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 InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.At present, InterDigital's Enterprise Value Over EBITDA is projected to slightly grow based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.84, whereas Selling General Administrative is forecasted to decline to about 45.8 M.
 2023 2024 2025 2026 (projected)
Gross Profit470.2M699.3M804.2M844.4M
Total Revenue549.6M868.5M998.8M1.0B

InterDigital fundamental ratios Correlations

0.830.740.740.930.070.150.930.780.940.420.970.350.410.260.27-0.830.950.690.980.530.840.620.120.840.65
0.830.80.740.63-0.30.320.820.770.860.130.810.140.340.290.22-0.880.90.770.770.490.710.340.170.70.41
0.740.80.860.55-0.260.550.750.480.730.180.680.090.050.270.08-0.820.820.770.70.70.520.54-0.10.620.51
0.740.740.860.6-0.240.560.790.420.740.380.620.06-0.210.190.21-0.780.790.840.710.870.420.69-0.110.60.44
0.930.630.550.60.19-0.040.920.730.890.390.870.390.320.230.35-0.730.760.580.90.420.860.570.120.810.53
0.07-0.3-0.26-0.240.19-0.15-0.13-0.13-0.040.710.150.370.29-0.08-0.120.33-0.04-0.460.13-0.050.140.090.230.050.39
0.150.320.550.56-0.04-0.150.2-0.290.190.350.09-0.38-0.340.01-0.21-0.340.30.40.120.51-0.090.24-0.39-0.040.42
0.930.820.750.790.92-0.130.20.750.960.240.850.140.170.350.28-0.920.850.810.870.550.820.570.00.760.46
0.780.770.480.420.73-0.13-0.290.750.79-0.010.80.350.540.280.26-0.710.730.550.740.150.80.240.210.740.17
0.940.860.730.740.89-0.040.190.960.790.30.880.160.30.350.24-0.910.870.70.860.460.910.440.080.770.51
0.420.130.180.380.390.710.350.24-0.010.30.410.310.07-0.130.01-0.070.40.070.460.460.180.50.070.310.62
0.970.810.680.620.870.150.090.850.80.880.410.390.580.180.19-0.750.940.580.970.40.830.520.140.820.7
0.350.140.090.060.390.37-0.380.140.350.160.310.390.33-0.350.640.110.28-0.020.430.170.210.250.480.570.15
0.410.340.05-0.210.320.29-0.340.170.540.30.070.580.330.12-0.06-0.160.43-0.090.46-0.350.52-0.050.320.380.44
0.260.290.270.190.23-0.080.010.350.280.35-0.130.18-0.350.12-0.09-0.440.250.20.190.220.40.210.170.080.0
0.270.220.080.210.35-0.12-0.210.280.260.240.010.190.64-0.06-0.09-0.10.170.150.270.290.220.150.550.51-0.11
-0.83-0.88-0.82-0.78-0.730.33-0.34-0.92-0.71-0.91-0.07-0.750.11-0.16-0.44-0.1-0.82-0.83-0.74-0.49-0.75-0.430.08-0.63-0.42
0.950.90.820.790.76-0.040.30.850.730.870.40.940.280.430.250.17-0.820.720.940.580.720.610.10.780.67
0.690.770.770.840.58-0.460.40.810.550.70.070.58-0.02-0.090.20.15-0.830.720.640.60.390.59-0.170.550.24
0.980.770.70.710.90.130.120.870.740.860.460.970.430.460.190.27-0.740.940.640.550.760.70.140.840.69
0.530.490.70.870.42-0.050.510.550.150.460.460.40.17-0.350.220.29-0.490.580.60.550.170.760.130.460.36
0.840.710.520.420.860.14-0.090.820.80.910.180.830.210.520.40.22-0.750.720.390.760.170.190.230.70.46
0.620.340.540.690.570.090.240.570.240.440.50.520.25-0.050.210.15-0.430.610.590.70.760.19-0.080.490.47
0.120.17-0.1-0.110.120.23-0.390.00.210.080.070.140.480.320.170.550.080.1-0.170.140.130.23-0.080.3-0.01
0.840.70.620.60.810.05-0.040.760.740.770.310.820.570.380.080.51-0.630.780.550.840.460.70.490.30.51
0.650.410.510.440.530.390.420.460.170.510.620.70.150.440.0-0.11-0.420.670.240.690.360.460.47-0.010.51
Click cells to compare fundamentals

InterDigital Account Relationship Matchups

InterDigital fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets1.6B1.9B1.8B1.8B2.1B2.2B
Short Long Term Debt Total444.4M627.0M625.2M490.9M564.6M592.8M
Other Current Liab68.9M72.3M140.9M75.9M87.2M91.6M
Total Current Liabilities371.6M271.3M881.1M725.8M834.7M876.4M
Total Stockholder Equity745.2M724.9M581.5M857.2M985.8M1.0B
Property Plant And Equipment Net31.2M29.4M27.3M33.8M38.8M72.8M
Net Debt(261.9M)(66.5M)188.1M(36.4M)(32.8M)(34.4M)
Retained Earnings1.4B1.5B1.5B1.8B2.0B2.1B
Cash706.3M693.5M437.1M527.4M606.5M636.8M
Non Current Assets Total577.9M555.4M603.2M604.7M695.4M730.2M
Non Currrent Assets Other1.5M35.7M79.6M91.9M105.7M111.0M
Cash And Short Term Investments941.6M1.2B1.0B958.2M1.1B1.2B
Common Stock Shares Outstanding31.3M30.5M28.1M29.7M34.2M41.4M
Liabilities And Stockholders Equity1.6B1.9B1.8B1.8B2.1B2.2B
Non Current Liabilities Total503.7M898.2M308.1M252.5M290.4M242.8M
Other Current Assets20.4M25.6M24.1M67.6M77.8M81.7M
Other Stockholder Equity(696.0M)(767.0M)(880.6M)(918.9M)(827.0M)(785.6M)
Total Liab875.2M1.2B1.2B978.3M1.1B1.2B
Property Plant And Equipment Gross50.2M51.3M51.6M59.0M67.8M71.2M
Total Current Assets1.1B1.3B1.2B1.2B1.4B1.5B
Accumulated Other Comprehensive Income(571K)(916K)(647K)(458K)(526.7K)(553.0K)
Short Term Debt3.8M3.2M578.8M459.7M528.7M555.1M
Intangible Assets363.6M354.0M313.0M308.6M354.9M372.7M
Net Receivables88.2M117.3M137.1M205.0M235.7M247.5M
Accounts Payable7.2M10.0M7.8M12.2M14.0M11.8M
Common Stock Total Equity712K714K717K719K826.9K720.3K
Short Term Investments235.3M508.3M569.3M430.8M495.5M291.7M
Common Stock717K719K694K705K810.8K724.1K
Other Liab145.5M156.0M19.5M271.3M311.9M207.9M
Other Assets88.1M572.8M285.1M288.0M331.1M347.7M
Long Term Debt422.7M607.1M29.0M15.4M17.8M16.9M
Treasury Stock(1.4B)(1.4B)(1.4B)(1.5B)(1.3B)(1.3B)
Property Plant Equipment10.2M16.6M13.4M11.3M10.2M10.1M
Current Deferred Revenue291.7M189.1M153.6M178.0M204.7M144.1M
Net Tangible Assets325.2M355.0M381.7M370.9M426.5M393.5M
Noncontrolling Interest In Consolidated Entity24.7M23.2M7.7M5.6M6.5M10.9M
Retained Earnings Total Equity1.4B1.4B1.4B1.5B1.7B1.1B

Also Currently Popular

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 InterDigital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InterDigital's 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 Interdigital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Interdigital Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 InterDigital. If investors know InterDigital 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 InterDigital 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
0.693
Dividend Share
2.35
Earnings Share
14.91
Revenue Per Share
36.098
Quarterly Revenue Growth
0.28
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital'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 InterDigital's market value can be influenced by many factors that don't directly affect InterDigital'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 InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital'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.