Check Common Stock vs Non Current Liabilities Total Analysis

CHKP Stock  USD 151.08  0.02  0.01%   
Check Point financial indicator trend analysis is way more than just evaluating Check Point Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Check Point Software is a good investment. Please check the relationship between Check Point Common Stock and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Check Point Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Common Stock vs Non Current Liabilities Total

Common Stock vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Check Point Software Common Stock account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Check Point's Common Stock and Non Current Liabilities Total is 0.67. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Check Point Software, assuming nothing else is changed. The correlation between historical values of Check Point's Common Stock and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Check Point Software are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Common Stock i.e., Check Point's Common Stock and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.67
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Non Current Liabilities Total

Most indicators from Check Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Check Point Software 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 Check Point Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
At this time, Check Point's Selling General Administrative is relatively stable compared to the past year. As of 05/17/2024, Tax Provision is likely to grow to about 117.8 M, while Enterprise Value Multiple is likely to drop 17.42.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.0B2.1B1.1B
Total Revenue2.2B2.3B2.4B1.2B

Check Point fundamental ratios Correlations

0.110.680.90.86-0.260.640.270.330.990.380.950.73-0.390.640.31-0.510.670.370.970.820.880.920.880.590.61
0.110.7-0.080.22-0.490.710.930.370.070.790.140.68-0.720.66-0.05-0.730.690.80.180.460.440.050.440.740.72
0.680.70.420.77-0.330.990.790.250.630.880.70.99-0.890.970.04-0.951.00.910.740.750.770.70.770.980.99
0.9-0.080.420.59-0.340.350.050.390.910.160.850.5-0.030.330.45-0.150.390.040.820.820.830.780.830.290.3
0.860.220.770.59-0.020.790.360.070.820.560.830.77-0.680.830.18-0.740.80.560.870.590.670.90.670.780.77
-0.26-0.49-0.33-0.34-0.02-0.24-0.35-0.97-0.2-0.29-0.39-0.40.02-0.190.060.15-0.28-0.27-0.35-0.63-0.6-0.06-0.6-0.24-0.24
0.640.710.990.350.79-0.240.790.170.590.90.650.97-0.930.990.05-0.971.00.910.70.680.70.690.710.991.0
0.270.930.790.050.36-0.350.790.240.230.810.270.77-0.790.750.03-0.80.780.820.320.530.510.240.520.810.8
0.330.370.250.390.07-0.970.170.240.280.150.440.330.070.12-0.06-0.080.210.180.410.590.60.090.60.160.16
0.990.070.630.910.82-0.20.590.230.280.330.90.67-0.340.580.36-0.450.610.30.920.80.860.880.850.530.55
0.380.790.880.160.56-0.290.90.810.150.330.430.83-0.880.890.0-0.890.890.840.450.560.540.460.540.910.89
0.950.140.70.850.83-0.390.650.270.440.90.430.75-0.390.660.22-0.520.690.410.990.840.880.930.880.610.62
0.730.680.990.50.77-0.40.970.770.330.670.830.75-0.820.950.07-0.90.980.870.790.830.840.730.840.950.96
-0.39-0.72-0.89-0.03-0.680.02-0.93-0.790.07-0.34-0.88-0.39-0.82-0.940.060.98-0.91-0.92-0.45-0.38-0.41-0.5-0.41-0.95-0.94
0.640.660.970.330.83-0.190.990.750.120.580.890.660.95-0.940.05-0.980.990.90.70.640.660.720.670.990.99
0.31-0.050.040.450.180.060.050.03-0.060.360.00.220.070.060.050.050.04-0.130.220.280.260.260.260.050.02
-0.51-0.73-0.95-0.15-0.740.15-0.97-0.8-0.08-0.45-0.89-0.52-0.90.98-0.980.05-0.96-0.95-0.58-0.52-0.55-0.58-0.55-0.98-0.98
0.670.691.00.390.8-0.281.00.780.210.610.890.690.98-0.910.990.04-0.960.910.730.710.730.710.740.990.99
0.370.80.910.040.56-0.270.910.820.180.30.840.410.87-0.920.9-0.13-0.950.910.470.50.510.420.520.920.94
0.970.180.740.820.87-0.350.70.320.410.920.450.990.79-0.450.70.22-0.580.730.470.820.890.930.880.660.67
0.820.460.750.820.59-0.630.680.530.590.80.560.840.83-0.380.640.28-0.520.710.50.820.980.710.980.640.66
0.880.440.770.830.67-0.60.70.510.60.860.540.880.84-0.410.660.26-0.550.730.510.890.980.751.00.660.67
0.920.050.70.780.9-0.060.690.240.090.880.460.930.73-0.50.720.26-0.580.710.420.930.710.750.740.650.66
0.880.440.770.830.67-0.60.710.520.60.850.540.880.84-0.410.670.26-0.550.740.520.880.981.00.740.660.68
0.590.740.980.290.78-0.240.990.810.160.530.910.610.95-0.950.990.05-0.980.990.920.660.640.660.650.660.99
0.610.720.990.30.77-0.241.00.80.160.550.890.620.96-0.940.990.02-0.980.990.940.670.660.670.660.680.99
Click cells to compare fundamentals

Check Point Account Relationship Matchups

Check Point fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B5.8B5.9B5.7B5.7B3.6B
Other Current Liab368.9M417.7M444.9M446.2M1.9B2.0B
Total Current Liabilities1.4B1.5B1.7B1.8B1.9B2.0B
Total Stockholder Equity3.6B3.5B3.3B2.9B2.8B2.5B
Property Plant And Equipment Net87.7M88.1M83.4M82.8M80.4M45.5M
Net Debt(279.2M)(255.7M)(271.9M)(196M)(511.6M)(486.0M)
Retained Earnings9.9B10.7B11.5B12.3B13.2B13.8B
Accounts Payable15.9M17.5M9.8M29.6M48.3M50.7M
Cash279.2M255.7M271.9M196M537.7M345.5M
Non Current Assets Total3.6B3.6B3.6B3.4B3.5B2.1B
Non Currrent Assets Other94.2M85.5M80.3M71.5M97.4M151.4M
Cash And Short Term Investments1.6B1.7B1.7B1.6B1.5B1.2B
Net Receivables495.8M540.8M597.8M644.2M673.2M706.9M
Common Stock Shares Outstanding152.1M142M134.1M126.3M118.3M112.4M
Liabilities And Stockholders Equity5.8B5.8B5.9B5.7B5.7B3.6B
Non Current Liabilities Total799.4M829.2M931M956.3M987.2M1.0B
Other Current Assets58.5M50.1M46.4M50M54.5M55.3M
Other Stockholder Equity(6.3B)(7.3B)(8.3B)(9.3B)(10.3B)(9.8B)
Total Liab2.2B2.4B2.6B2.8B2.9B3.0B
Property Plant And Equipment Gross87.7M88.1M181.2M195.5M214M224.7M
Total Current Assets2.1B2.3B2.3B2.3B2.3B1.5B
Accumulated Other Comprehensive Income21.7M40.7M(600K)(97.9M)(39.2M)(37.2M)
Short Term Investments1.3B1.4B1.4B1.4B992.3M911.3M
Other Liab770.2M798.5M904.6M936M1.1B1.1B
Current Deferred Revenue1.0B1.1B1.3B1.4B1.4B1.5B
Other Assets149.5M119.9M132M149.1M171.5M180.0M
Property Plant Equipment87.7M88.1M83.4M82.8M95.2M50.6M
Good Will981.9M1.0B1.2B1.2B1.6B855.6M
Intangible Assets42.8M38.5M61M58.8M194.1M203.8M
Long Term Investments2.4B2.3B2.1B1.9B1.4B1.8B
Net Tangible Assets2.5B2.4B2.0B1.6B1.5B2.0B
Net Invested Capital3.6B3.5B3.3B2.9B2.8B2.7B
Net Working Capital737.5M734.8M625.8M492.6M341.6M534.8M

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When determining whether Check Point Software is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Check Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Check Point Software Stock. Highlighted below are key reports to facilitate an investment decision about Check Point Software Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Check Point Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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Is Check Point's 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 Check Point. If investors know Check 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 Check Point 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
0.053
Earnings Share
7.18
Revenue Per Share
21.274
Quarterly Revenue Growth
0.058
Return On Assets
0.101
The market value of Check Point Software is measured differently than its book value, which is the value of Check that is recorded on the company's balance sheet. Investors also form their own opinion of Check Point's value that differs from its market value or its book value, called intrinsic value, which is Check Point'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 Check Point's market value can be influenced by many factors that don't directly affect Check Point'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 Check Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Check Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Check Point'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.