IDT Total Current Assets vs Total Stockholder Equity Analysis

IDT Stock  USD 38.13  0.49  1.30%   
IDT financial indicator trend analysis is infinitely more than just investigating IDT Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IDT Corporation is a good investment. Please check the relationship between IDT Total Current Assets and its Total Stockholder Equity accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDT Corporation. 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.

Total Current Assets vs Total Stockholder Equity

Total Current Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDT Corporation Total Current Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have strong relationship.
The correlation between IDT's Total Current Assets and Total Stockholder Equity is 0.69. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of IDT Corporation, assuming nothing else is changed. The correlation between historical values of IDT's Total Current Assets and Total Stockholder Equity 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 Current Assets of IDT Corporation are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Current Assets i.e., IDT's Total Current Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from IDT's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDT Corporation 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDT Corporation. 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.
At this time, IDT's Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 289.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 214.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit329.6M363.1M417.6M306.6M
Total Revenue1.4B1.2B1.4B1.5B

IDT fundamental ratios Correlations

0.250.880.770.48-0.85-0.050.470.740.860.880.490.750.110.360.770.840.450.970.45-0.210.360.360.31-0.270.31
0.250.28-0.010.6-0.4-0.490.620.530.450.20.620.170.470.440.520.38-0.010.130.70.52-0.58-0.28-0.28-0.5-0.29
0.880.280.40.51-0.76-0.390.730.660.620.620.670.830.020.480.810.970.260.910.52-0.180.430.080.01-0.530.0
0.77-0.010.40.16-0.620.52-0.160.470.770.85-0.060.340.010.090.340.310.620.690.06-0.320.270.650.610.270.61
0.480.60.510.16-0.66-0.660.630.720.650.490.740.270.340.530.860.590.220.350.620.37-0.26-0.46-0.35-0.28-0.37
-0.85-0.4-0.76-0.62-0.660.21-0.49-0.95-0.88-0.86-0.54-0.55-0.38-0.28-0.8-0.74-0.53-0.75-0.72-0.22-0.04-0.19-0.050.41-0.05
-0.05-0.49-0.390.52-0.660.21-0.82-0.37-0.090.06-0.76-0.19-0.27-0.4-0.63-0.520.36-0.03-0.57-0.480.210.780.570.640.59
0.470.620.73-0.160.63-0.49-0.820.560.350.20.910.60.290.520.760.83-0.090.480.70.260.03-0.4-0.4-0.76-0.41
0.740.530.660.470.72-0.95-0.370.560.860.80.610.470.550.210.830.720.360.610.850.47-0.160.05-0.01-0.53-0.02
0.860.450.620.770.65-0.88-0.090.350.860.950.450.390.360.330.80.640.430.70.570.16-0.010.190.35-0.20.34
0.880.20.620.850.49-0.860.060.20.80.950.290.40.20.260.710.60.460.750.410.00.170.310.49-0.090.49
0.490.620.67-0.060.74-0.54-0.760.910.610.450.290.580.30.410.790.78-0.140.470.650.28-0.11-0.32-0.42-0.58-0.43
0.750.170.830.340.27-0.55-0.190.60.470.390.40.580.050.150.540.830.220.850.39-0.270.40.37-0.11-0.42-0.11
0.110.470.020.010.34-0.38-0.270.290.550.360.20.30.05-0.210.30.160.05-0.030.710.75-0.46-0.02-0.2-0.5-0.21
0.360.440.480.090.53-0.28-0.40.520.210.330.260.410.15-0.210.530.440.20.330.14-0.20.21-0.5-0.02-0.15-0.03
0.770.520.810.340.86-0.8-0.630.760.830.80.710.790.540.30.530.870.170.680.680.220.05-0.26-0.06-0.48-0.07
0.840.380.970.310.59-0.74-0.520.830.720.640.60.780.830.160.440.870.140.860.63-0.040.3-0.01-0.05-0.61-0.06
0.45-0.010.260.620.22-0.530.36-0.090.360.430.46-0.140.220.050.20.170.140.420.18-0.140.220.360.080.090.1
0.970.130.910.690.35-0.75-0.030.480.610.70.750.470.85-0.030.330.680.860.420.35-0.370.50.410.26-0.270.26
0.450.70.520.060.62-0.72-0.570.70.850.570.410.650.390.710.140.680.630.180.350.69-0.35-0.14-0.3-0.79-0.32
-0.210.52-0.18-0.320.37-0.22-0.480.260.470.160.00.28-0.270.75-0.20.22-0.04-0.14-0.370.69-0.69-0.37-0.36-0.48-0.38
0.36-0.580.430.27-0.26-0.040.210.03-0.16-0.010.17-0.110.4-0.460.210.050.30.220.5-0.35-0.690.230.290.130.29
0.36-0.280.080.65-0.46-0.190.78-0.40.050.190.31-0.320.37-0.02-0.5-0.26-0.010.360.41-0.14-0.370.230.440.220.46
0.31-0.280.010.61-0.35-0.050.57-0.4-0.010.350.49-0.42-0.11-0.2-0.02-0.06-0.050.080.26-0.3-0.360.290.440.251.0
-0.27-0.5-0.530.27-0.280.410.64-0.76-0.53-0.2-0.09-0.58-0.42-0.5-0.15-0.48-0.610.09-0.27-0.79-0.480.130.220.250.27
0.31-0.290.00.61-0.37-0.050.59-0.41-0.020.340.49-0.43-0.11-0.21-0.03-0.07-0.060.10.26-0.32-0.380.290.461.00.27
Click cells to compare fundamentals

IDT Account Relationship Matchups

IDT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.8M512.7M497.1M510.8M459.7M626.8M
Other Current Liab12.1M27.9M150.8M39.3M45.1M42.9M
Total Current Liabilities324.9M339.3M305.1M294.1M338.2M359.8M
Total Stockholder Equity74.8M164.9M167.6M193.7M174.4M265.2M
Property Plant And Equipment Net39.6M38.5M44.1M44.2M39.8M37.8M
Net Debt(77.5M)(101.7M)(93.7M)(100.8M)(115.9M)(121.7M)
Retained Earnings(139.3M)(42.9M)(15.8M)24.7M22.2M23.3M
Accounts Payable31.1M24.5M29.1M22.2M20.0M19.0M
Cash84.9M107.1M98.4M103.6M93.3M125.3M
Non Current Assets Total82.6M124.5M134.5M123.7M111.4M201.1M
Cash And Short Term Investments109.2M163.6M137.7M152.2M137.0M258.7M
Net Receivables44.2M46.6M64.3M32.1M28.9M27.4M
Common Stock Shares Outstanding26.4M26.1M26.4M25.6M23.0M21.0M
Liabilities And Stockholders Equity404.8M512.7M497.1M510.8M459.7M626.8M
Non Current Liabilities Total8.7M6.7M11.2M6.2M5.6M5.3M
Other Current Assets19.3M16.8M30.8M60.8M69.9M95.9M
Other Stockholder Equity221.2M217.6M194.4M185.9M167.4M265.6M
Total Liab333.6M346.0M316.3M300.3M270.3M339.5M
Property Plant And Equipment Gross39.6M38.5M44.1M220.8M198.7M106.8M
Total Current Assets322.1M388.1M362.6M387.1M348.4M425.7M
Accumulated Other Comprehensive Income(7.4M)(10.2M)(11.3M)(17.2M)(19.8M)(18.8M)
Non Currrent Assets Other8.9M10.4M10.3M10.9M9.8M9.3M
Short Long Term Debt Total7.4M5.5M4.6M2.9M2.6M2.5M
Short Term Debt125.5M129.1M2.9M110.8M127.4M133.8M
Intangible Assets4.0M7.6M9.6M8.2M7.4M7.0M
Short Term Investments24.3M56.4M39.4M48.6M43.8M41.6M
Common Stock293K297K310K312K280.8K403.6K
Other Liab1.4M1.2M6.6M3.4M3.0M2.9M
Other Assets17.4M51.9M47.0M35.0M31.5M48.4M
Inventory149.5M161.1M129.8M141.9M163.2M171.4M
Property Plant Equipment39.6M38.5M44.1M44.2M39.8M37.8M
Current Deferred Revenue156.1M157.8M122.3M121.8M140.1M134.2M
Treasury Stock(51.7M)(56.2M)(60.4M)(101.6M)(116.8M)(122.6M)
Good Will12.9M14.9M26.4M26.5M23.8M28.9M
Noncontrolling Interest In Consolidated Entity(2.7M)(3.6M)1.8M3.0M2.7M2.6M
Retained Earnings Total Equity(160.8M)(139.3M)(42.9M)(15.8M)(14.2M)(15.0M)
Deferred Long Term Liab2.4M3.2M3.5M3.7M4.3M4.5M
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 IDT 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, IDT's short interest history, or implied volatility extrapolated from IDT options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether IDT Corporation 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 IDT 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 Idt Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Idt Corporation Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDT Corporation. 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.
Note that the IDT Corporation information on this page should be used as a complementary analysis to other IDT's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for IDT Stock analysis

When running IDT's price analysis, check to measure IDT'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 IDT is operating at the current time. Most of IDT's value examination focuses on studying past and present price action to predict the probability of IDT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDT's price. Additionally, you may evaluate how the addition of IDT to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Commodity Directory
Find actively traded commodities issued by global exchanges
Transaction History
View history of all your transactions and understand their impact on performance
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Is IDT'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 IDT. If investors know IDT 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 IDT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.45
Revenue Per Share
47.396
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0774
Return On Equity
0.1877
The market value of IDT Corporation is measured differently than its book value, which is the value of IDT that is recorded on the company's balance sheet. Investors also form their own opinion of IDT's value that differs from its market value or its book value, called intrinsic value, which is IDT'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 IDT's market value can be influenced by many factors that don't directly affect IDT'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 IDT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDT'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.