Check Total Assets vs Total Liab Analysis
| CHKP Stock | USD 151.20 1.75 1.14% |
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 Total Assets and its Total Liab 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.
Total Assets vs Total Liab
Total Assets vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Check Point Software Total Assets account and Total Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Check Point's Total Assets and Total Liab is 0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Liab 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 Total Assets and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Check Point Software are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Total Assets i.e., Check Point's Total Assets and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.67 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Check Point 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 Check Point Software 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. 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.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 04/29/2024, 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 Profit | 1.9B | 2.0B | 2.1B | 1.1B | Total Revenue | 2.2B | 2.3B | 2.4B | 1.2B |
Check Point fundamental ratios Correlations
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Check Point Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check Point fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 5.8B | 5.8B | 5.9B | 5.7B | 5.7B | 3.6B | |
| Other Current Liab | 368.9M | 417.7M | 444.9M | 446.2M | 1.9B | 2.0B | |
| Total Current Liabilities | 1.4B | 1.5B | 1.7B | 1.8B | 1.9B | 2.0B | |
| Total Stockholder Equity | 3.6B | 3.5B | 3.3B | 2.9B | 2.8B | 2.5B | |
| Property Plant And Equipment Net | 87.7M | 88.1M | 83.4M | 82.8M | 80.4M | 45.5M | |
| Net Debt | (279.2M) | (255.7M) | (271.9M) | (196M) | (511.6M) | (486.0M) | |
| Retained Earnings | 9.9B | 10.7B | 11.5B | 12.3B | 13.2B | 13.8B | |
| Accounts Payable | 15.9M | 17.5M | 9.8M | 29.6M | 48.3M | 50.7M | |
| Cash | 279.2M | 255.7M | 271.9M | 196M | 537.7M | 345.5M | |
| Non Current Assets Total | 3.6B | 3.6B | 3.6B | 3.4B | 3.5B | 2.1B | |
| Non Currrent Assets Other | 94.2M | 85.5M | 80.3M | 71.5M | 97.4M | 151.4M | |
| Cash And Short Term Investments | 1.6B | 1.7B | 1.7B | 1.6B | 1.5B | 1.2B | |
| Net Receivables | 495.8M | 540.8M | 597.8M | 644.2M | 673.2M | 706.9M | |
| Common Stock Shares Outstanding | 152.1M | 142M | 134.1M | 126.3M | 118.3M | 112.4M | |
| Liabilities And Stockholders Equity | 5.8B | 5.8B | 5.9B | 5.7B | 5.7B | 3.6B | |
| Non Current Liabilities Total | 799.4M | 829.2M | 931M | 956.3M | 987.2M | 1.0B | |
| Other Current Assets | 58.5M | 50.1M | 46.4M | 50M | 54.5M | 55.3M | |
| Other Stockholder Equity | (6.3B) | (7.3B) | (8.3B) | (9.3B) | (10.3B) | (9.8B) | |
| Total Liab | 2.2B | 2.4B | 2.6B | 2.8B | 2.9B | 3.0B | |
| Property Plant And Equipment Gross | 87.7M | 88.1M | 181.2M | 195.5M | 214M | 224.7M | |
| Total Current Assets | 2.1B | 2.3B | 2.3B | 2.3B | 2.3B | 1.5B | |
| Accumulated Other Comprehensive Income | 21.7M | 40.7M | (600K) | (97.9M) | (39.2M) | (37.2M) | |
| Short Term Investments | 1.3B | 1.4B | 1.4B | 1.4B | 992.3M | 911.3M | |
| Other Liab | 770.2M | 798.5M | 904.6M | 936M | 1.1B | 1.1B | |
| Current Deferred Revenue | 1.0B | 1.1B | 1.3B | 1.4B | 1.4B | 1.5B | |
| Other Assets | 149.5M | 119.9M | 132M | 149.1M | 171.5M | 180.0M | |
| Property Plant Equipment | 87.7M | 88.1M | 83.4M | 82.8M | 95.2M | 50.6M | |
| Good Will | 981.9M | 1.0B | 1.2B | 1.2B | 1.6B | 855.6M | |
| Intangible Assets | 42.8M | 38.5M | 61M | 58.8M | 194.1M | 203.8M | |
| Long Term Investments | 2.4B | 2.3B | 2.1B | 1.9B | 1.4B | 1.8B | |
| Net Tangible Assets | 2.5B | 2.4B | 2.0B | 1.6B | 1.5B | 2.0B | |
| Net Invested Capital | 3.6B | 3.5B | 3.3B | 2.9B | 2.8B | 2.7B | |
| Net Working Capital | 737.5M | 734.8M | 625.8M | 492.6M | 341.6M | 534.8M |
Check Point Investors Sentiment
The influence of Check Point's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Check. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Check Point's public news can be used to forecast risks associated with an investment in Check. The trend in average sentiment can be used to explain how an investor holding Check can time the market purely based on public headlines and social activities around Check Point Software. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Check Point's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Check Point's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Check Point's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Check Point.
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 Check Point 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, Check Point's short interest history, or implied volatility extrapolated from Check Point options trading.
Pair Trading with Check Point
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 Check Point 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 Check Point will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Check Point could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Check Point 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 Check Point - 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 Check Point Software to buy it.
The correlation of Check Point 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 Check Point moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Check Point Software 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 Check Point 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 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Check Stock analysis
When running Check Point's price analysis, check to measure Check Point's 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 Check Point is operating at the current time. Most of Check Point's value examination focuses on studying past and present price action to predict the probability of Check Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Check Point's price. Additionally, you may evaluate how the addition of Check Point to your portfolios can decrease your overall portfolio volatility.
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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.