AudioCodes Property Plant And Equipment Net vs Cash And Short Term Investments Analysis
AUDC Stock | USD 9.99 0.01 0.10% |
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 Net and its Cash And Short Term Investments 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 tightly coupled 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 Net vs Cash And Short Term Investments
Property Plant And Equipment Net vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioCodes Property Plant And Equipment Net account and Cash And Short Term Investments. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AudioCodes' Property Plant And Equipment Net and Cash And Short Term Investments is 0.42. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Cash And Short Term Investments 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 Net and Cash And Short 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 Property Plant And Equipment Net of AudioCodes are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Property Plant And Equipment Net i.e., AudioCodes' Property Plant And Equipment Net and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.42 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of AudioCodes balance sheet. This account contains AudioCodes investments that will expire within one year. These investments include stocks and bonds that can be liquidated by AudioCodes fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 tightly coupled 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 23.05, 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
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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 | 43.1M | 58.2M | 66.4M | 51.1M | 31.2M | |
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 | 7.4M | 7.1M | |
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 | 89.9M | 5.3M | 5.2M | 9.4M | 8.9M | |
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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Is AudioCodes' 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 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 (0.50) | Earnings Share 0.36 | Revenue Per Share 7.899 | Quarterly Revenue Growth 0.015 | Return On Assets 0.0354 |
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.