AudioCodes Invested Capital vs Dividend Yield Analysis

AUDC Stock

USD 10.85 0.40 3.56%

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 Invested Capital and its Dividend Yield 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.

Invested Capital vs Dividend Yield

Invested Capital vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioCodes Invested Capital account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between AudioCodes' Invested Capital and Dividend Yield is -0.11. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of AudioCodes, assuming nothing else is changed. The correlation between historical values of AudioCodes' Invested Capital and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of AudioCodes are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Invested Capital i.e., AudioCodes' Invested Capital and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.11

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to AudioCodes. There are two different methods for calculating AudioCodes invested capital: operating approach and financing approach. Understanding AudioCodes invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

Dividend Yield

Dividend Yield is AudioCodes dividend as a percentage of AudioCodes stock price. AudioCodes dividend yield is a measure of AudioCodes stock productivity, which can be interpreted as interest rate earned on an AudioCodes investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

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

Interest Expense Depreciation And Amortization

AudioCodes fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock Total Equity	Other Current Assets	Common Stock	Other Liab	Other Assets
Total Assets		0.85	0.92	0.96	0.65	-0.28	0.45	0.52	0.64	0.95	0.48	0.63	0.89	0.27	-0.05	0.86	0.75	0.79	0.94	0.57	0.94	0.12	0.02	0.49	0.83	0.72
Other Current Liab	0.85		0.98	0.71	0.59	-0.49	0.36	0.33	0.79	0.75	0.21	0.74	0.72	0.08	-0.03	0.78	0.61	0.53	0.95	0.44	0.86	-0.02	0.05	0.25	0.83	0.63
Total Current Liabilities	0.92	0.98		0.81	0.63	-0.44	0.45	0.39	0.76	0.84	0.28	0.73	0.8	0.09	-0.01	0.83	0.69	0.59	0.98	0.51	0.9	-0.03	0.03	0.3	0.85	0.66
Total Stockholder Equity	0.96	0.71	0.81		0.54	-0.22	0.42	0.56	0.51	0.94	0.61	0.5	0.91	0.34	-0.09	0.74	0.68	0.85	0.82	0.48	0.88	0.19	0.06	0.57	0.72	0.62
Property Plant And Equipment Net	0.65	0.59	0.63	0.54		0.08	0.69	0.09	0.48	0.56	0.06	0.42	0.41	-0.23	-0.17	0.79	0.88	0.26	0.72	0.98	0.67	-0.31	0.12	-0.05	0.81	0.75
Net Debt	-0.28	-0.49	-0.44	-0.22	0.08		-0.08	0.11	-0.75	-0.22	0.06	-0.69	-0.25	0.07	0.11	-0.09	0.13	-0.11	-0.33	0.19	-0.31	0.1	0.04	0.06	-0.29	0.03
Retained Earnings	0.45	0.36	0.45	0.42	0.69	-0.08		-0.1	0.27	0.41	0.13	0.27	0.37	-0.64	-0.07	0.35	0.64	-0.1	0.43	0.69	0.43	-0.71	0.22	-0.4	0.48	0.38
Accounts Payable	0.52	0.33	0.39	0.56	0.09	0.11	-0.1		0.14	0.55	0.43	0.28	0.7	0.73	0.36	0.44	0.41	0.71	0.42	0.08	0.43	0.7	-0.51	0.81	0.33	0.47
Cash	0.64	0.79	0.76	0.51	0.48	-0.75	0.27	0.14		0.51	-0.05	0.94	0.48	0.04	-0.11	0.66	0.4	0.38	0.75	0.37	0.71	-0.03	-0.09	0.11	0.71	0.48
Non Current Assets Total	0.95	0.75	0.84	0.94	0.56	-0.22	0.41	0.55	0.51		0.61	0.47	0.92	0.33	-0.14	0.78	0.68	0.77	0.86	0.5	0.78	0.17	-0.11	0.57	0.75	0.66
Non Currrent Assets Other	0.48	0.21	0.28	0.61	0.06	0.06	0.13	0.43	-0.05	0.61		-0.08	0.61	0.4	-0.2	0.22	0.26	0.61	0.27	0.06	0.29	0.29	-0.12	0.47	0.27	0.35
Cash And Short Term Investments	0.63	0.74	0.73	0.5	0.42	-0.69	0.27	0.28	0.94	0.47	-0.08		0.52	0.09	0.24	0.66	0.47	0.39	0.74	0.33	0.73	0.03	-0.24	0.17	0.71	0.55
Net Receivables	0.89	0.72	0.8	0.91	0.41	-0.25	0.37	0.7	0.48	0.92	0.61	0.52		0.4	0.1	0.67	0.61	0.76	0.78	0.34	0.76	0.28	-0.21	0.64	0.65	0.62
Common Stock Shares Outstanding	0.27	0.08	0.09	0.34	-0.23	0.07	-0.64	0.73	0.04	0.33	0.4	0.09	0.4		0.14	0.23	0.0	0.76	0.15	-0.23	0.16	0.97	-0.47	0.94	0.09	0.22
Short Term Investments	-0.05	-0.03	-0.01	-0.09	-0.17	0.11	-0.07	0.36	-0.11	-0.14	-0.2	0.24	0.1	0.14		0.05	0.18	-0.04	0.01	-0.13	0.05	0.17	-0.44	0.15	0.02	0.22
Non Current Liabilities Total	0.86	0.78	0.83	0.74	0.79	-0.09	0.35	0.44	0.66	0.78	0.22	0.66	0.67	0.23	0.05		0.83	0.63	0.93	0.74	0.85	0.1	-0.12	0.4	0.88	0.87
Inventory	0.75	0.61	0.69	0.68	0.88	0.13	0.64	0.41	0.4	0.68	0.26	0.47	0.61	0.0	0.18	0.83		0.45	0.77	0.88	0.74	-0.09	-0.12	0.19	0.86	0.86
Other Stockholder Equity	0.79	0.53	0.59	0.85	0.26	-0.11	-0.1	0.71	0.38	0.77	0.61	0.39	0.76	0.76	-0.04	0.63	0.45		0.63	0.21	0.72	0.66	-0.12	0.85	0.56	0.54
Total Liab	0.94	0.95	0.98	0.82	0.72	-0.33	0.43	0.42	0.75	0.86	0.27	0.74	0.78	0.15	0.01	0.93	0.77	0.63		0.61	0.92	0.02	-0.02	0.35	0.9	0.77
Property Plant And Equipment Gross	0.57	0.44	0.51	0.48	0.98	0.19	0.69	0.08	0.37	0.5	0.06	0.33	0.34	-0.23	-0.13	0.74	0.88	0.21	0.61		0.57	-0.31	0.06	-0.06	0.75	0.73
Total Current Assets	0.94	0.86	0.9	0.88	0.67	-0.31	0.43	0.43	0.71	0.78	0.29	0.73	0.76	0.16	0.05	0.85	0.74	0.72	0.92	0.57		0.06	0.17	0.36	0.83	0.7
Common Stock Total Equity	0.12	-0.02	-0.03	0.19	-0.31	0.1	-0.71	0.7	-0.03	0.17	0.29	0.03	0.28	0.97	0.17	0.1	-0.09	0.66	0.02	-0.31	0.06		-0.46	0.88	-0.01	0.12
Other Current Assets	0.02	0.05	0.03	0.06	0.12	0.04	0.22	-0.51	-0.09	-0.11	-0.12	-0.24	-0.21	-0.47	-0.44	-0.12	-0.12	-0.12	-0.02	0.06	0.17	-0.46		-0.39	-0.15	-0.3
Common Stock	0.49	0.25	0.3	0.57	-0.05	0.06	-0.4	0.81	0.11	0.57	0.47	0.17	0.64	0.94	0.15	0.4	0.19	0.85	0.35	-0.06	0.36	0.88	-0.39		0.24	0.34
Other Liab	0.83	0.83	0.85	0.72	0.81	-0.29	0.48	0.33	0.71	0.75	0.27	0.71	0.65	0.09	0.02	0.88	0.86	0.56	0.9	0.75	0.83	-0.01	-0.15	0.24		0.88
Other Assets	0.72	0.63	0.66	0.62	0.75	0.03	0.38	0.47	0.48	0.66	0.35	0.55	0.62	0.22	0.22	0.87	0.86	0.54	0.77	0.73	0.7	0.12	-0.3	0.34	0.88

Click cells to compare fundamentals

AudioCodes Account Relationship Matchups

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

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 AudioCodes 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, AudioCodes' short interest history, or implied volatility extrapolated from AudioCodes options trading.

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

0.66

BHE

Benchmark Electronics Financial Report 1st of May 2024

Pair Corr

Moving against AudioCodes Stock

0.47

PLXS

Plexus Corp Report 24th of April 2024

Pair Corr

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.

Pair Correlation Correlation Matching

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:

How To Invest In AudioCodes

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Is AudioCodes Stock a good investment?

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What is AudioCodes' Net Worth?

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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.

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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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.

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AudioCodes Invested Capital vs Dividend Yield Analysis

Invested Capital vs Dividend Yield

Invested Capital vs Dividend Yield Correlation Analysis

Correlation Coefficient

Invested Capital

Dividend Yield

AudioCodes fundamental ratios Correlations

AudioCodes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AudioCodes fundamental ratios Accounts

Pair Trading with AudioCodes

Moving together with AudioCodes Stock

Moving against AudioCodes Stock

Complementary Tools for AudioCodes Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Liabilities	+ 0.98	Other Current Liab
Total Liab	+ 0.98	Total Current Liabilities
Property Plant And Equipment Gross	+ 0.98	Property Plant And Equipment Net
Common Stock Total Equity	+ 0.97	Common Stock Shares Outstanding
Total Stockholder Equity	+ 0.96	Total Assets
Non Current Assets Total	+ 0.95	Total Assets

Cash	- 0.75	Net Debt
Common Stock Total Equity	- 0.71	Retained Earnings
Cash And Short Term Investments	- 0.69	Net Debt
Common Stock Shares Outstanding	- 0.64	Retained Earnings
Other Current Assets	- 0.51	Accounts Payable
Net Debt	- 0.49	Other Current Liab