AudioCodes Total Assets from 2010 to 2024
| AUDC Stock | USD 10.43 0.02 0.19% |
Total Assets | First Reported 1999-06-30 | Previous Quarter 329.5 M | Current Value 337.5 M | Quarterly Volatility 80.3 M |
Check AudioCodes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AudioCodes main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 M, Interest Expense of 1.1 M or Selling General Administrative of 12.4 M, as well as many exotic indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0322 or PTB Ratio of 1.87. AudioCodes financial statements analysis is a perfect complement when working with AudioCodes Valuation or Volatility modules.
AudioCodes | Total Assets |
Latest AudioCodes' Total Assets Growth Pattern
Below is the plot of the Total Assets of AudioCodes over the last few years. Total assets refers to the total amount of AudioCodes assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AudioCodes books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. AudioCodes' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AudioCodes' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 337.52 M | 10 Years Trend |
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Total Assets |
| Timeline |
AudioCodes Total Assets Regression Statistics
| Arithmetic Mean | 220,958,548 | |
| Geometric Mean | 182,298,577 | |
| Coefficient Of Variation | 41.61 | |
| Mean Deviation | 69,764,258 | |
| Median | 192,677,000 | |
| Standard Deviation | 91,945,485 | |
| Sample Variance | 8454T | |
| Range | 349.4M | |
| R-Value | 0.79 | |
| Mean Square Error | 3483T | |
| R-Squared | 0.62 | |
| Significance | 0.0005 | |
| Slope | 16,155,163 | |
| Total Sum of Squares | 118355.6T |
AudioCodes Total Assets History
Other Fundumenentals of AudioCodes
AudioCodes Total Assets component correlations
Click cells to compare fundamentals
About AudioCodes Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AudioCodes income statement, its balance sheet, and the statement of cash flows. AudioCodes investors use historical funamental indicators, such as AudioCodes's Total Assets, to determine how well the company is positioned to perform in the future. Although AudioCodes investors may use each financial statement separately, they are all related. The changes in AudioCodes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AudioCodes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AudioCodes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AudioCodes. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 337.5 M | 236.4 M | |
| Intangibles To Total Assets | 0.11 | 0.20 |
Pair Trading with AudioCodes
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AudioCodes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AudioCodes will appreciate offsetting losses from the drop in the long position's value.Moving together with AudioCodes Stock
| 0.77 | ITI | Iteris Inc Financial Report 11th of June 2024 | PairCorr |
Moving against AudioCodes Stock
| 0.58 | MCHB | Mechanics Bank | PairCorr |
The ability to find closely correlated positions to AudioCodes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AudioCodes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AudioCodes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AudioCodes to buy it.
The correlation of AudioCodes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AudioCodes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AudioCodes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AudioCodes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of AudioCodes Correlation against competitors. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.Note that the AudioCodes information on this page should be used as a complementary analysis to other AudioCodes' 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for AudioCodes Stock analysis
When running AudioCodes' price analysis, check to measure AudioCodes' 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 AudioCodes is operating at the current time. Most of AudioCodes' value examination focuses on studying past and present price action to predict the probability of AudioCodes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioCodes' price. Additionally, you may evaluate how the addition of AudioCodes to your portfolios can decrease your overall portfolio volatility.
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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) | Dividend Share 0.36 | Earnings Share 0.28 | Revenue Per Share 7.783 | Quarterly Revenue Growth (0.10) |
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.