InterDigital Inventory vs Retained Earnings Analysis
IDCC Stock | USD 196.43 0.45 0.23% |
InterDigital financial indicator trend analysis is infinitely more than just investigating InterDigital recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether InterDigital is a good investment. Please check the relationship between InterDigital Inventory and its Retained Earnings accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.
Inventory vs Retained Earnings
Inventory vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterDigital Inventory account and Retained Earnings. At this time, the significance of the direction appears to have weak relationship.
The correlation between InterDigital's Inventory and Retained Earnings is 0.39. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of InterDigital, assuming nothing else is changed. The correlation between historical values of InterDigital's Inventory and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of InterDigital are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Inventory i.e., InterDigital's Inventory and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from InterDigital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into InterDigital 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 InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.At present, InterDigital's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 9.77, whereas Selling General Administrative is forecasted to decline to about 45.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 249.7M | 386.4M | 470.2M | 493.7M | Total Revenue | 425.4M | 457.8M | 549.6M | 577.1M |
InterDigital fundamental ratios Correlations
Click cells to compare fundamentals
InterDigital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
InterDigital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.6B | 1.6B | 1.6B | 1.9B | 1.8B | 1.9B | |
Short Long Term Debt Total | 490.8M | 415.9M | 484.2M | 660.7M | 625.2M | 656.4M | |
Other Current Liab | 51.3M | 64.5M | 72.7M | 72.3M | 140.9M | 148.0M | |
Total Current Liabilities | 305.6M | 295.8M | 371.6M | 271.3M | 881.1M | 925.2M | |
Total Stockholder Equity | 761.6M | 773.4M | 745.2M | 724.9M | 581.5M | 301.1M | |
Property Plant And Equipment Net | 446.6M | 435.0M | 377.0M | 365.3M | 27.3M | 25.9M | |
Net Debt | (254.7M) | (57.6M) | (457.4M) | (32.8M) | 188.1M | 197.5M | |
Retained Earnings | 1.4B | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | |
Cash | 745.5M | 473.5M | 941.6M | 693.5M | 437.1M | 219.5M | |
Non Current Assets Total | 595.8M | 589.4M | 577.9M | 555.4M | 603.2M | 633.3M | |
Non Currrent Assets Other | 149.2M | 154.4M | (304.8M) | (300.3M) | 79.6M | 83.6M | |
Cash And Short Term Investments | 924.7M | 926.6M | 941.6M | 1.2B | 1.0B | 1.1B | |
Common Stock Shares Outstanding | 31.8M | 31.1M | 31.3M | 30.5M | 28.1M | 41.6M | |
Liabilities And Stockholders Equity | 1.6B | 1.6B | 1.6B | 1.9B | 1.8B | 1.9B | |
Non Current Liabilities Total | 520.2M | 523.9M | 503.7M | 898.2M | 308.1M | 241.9M | |
Other Current Assets | 63.4M | 70.8M | 88.9M | 98.8M | 24.1M | 22.9M | |
Other Stockholder Equity | (651.9M) | (641.1M) | (696.0M) | (767.0M) | (880.6M) | (836.5M) | |
Total Liab | 825.8M | 819.7M | 875.2M | 1.2B | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 10.2M | 16.6M | 50.2M | 51.3M | 51.6M | 54.2M | |
Total Current Assets | 1.0B | 1.0B | 1.1B | 1.3B | 1.2B | 1.2B | |
Accumulated Other Comprehensive Income | (74K) | (184K) | (571K) | (916K) | (647K) | (679.4K) | |
Intangible Assets | 436.3M | 418.3M | 363.6M | 354.0M | 313.0M | 328.7M | |
Net Receivables | 28.3M | 16.0M | 31.1M | 53.2M | 137.1M | 144.0M | |
Accounts Payable | 13.4M | 11.0M | 7.2M | 10.0M | 7.8M | 11.7M | |
Common Stock Total Equity | 712K | 714K | 717K | 719K | 826.9K | 720.3K | |
Short Term Investments | 179.2M | 453.2M | 235.3M | 508.3M | 569.3M | 597.7M | |
Common Stock | 712K | 714K | 717K | 719K | 694K | 722.0K | |
Other Liab | 145.5M | 156.0M | 19.5M | 271.3M | 311.9M | 207.9M | |
Other Assets | 88.1M | 572.8M | 285.1M | 288.0M | 331.1M | 347.7M | |
Long Term Debt | 350.6M | 368.0M | 422.7M | 607.1M | 29.0M | 27.6M | |
Treasury Stock | (1.4B) | (1.4B) | (1.4B) | (1.5B) | (1.3B) | (1.3B) | |
Property Plant Equipment | 10.2M | 16.6M | 13.4M | 11.3M | 10.2M | 10.1M | |
Current Deferred Revenue | 146.7M | 219.9M | 291.7M | 189.1M | 153.6M | 141.9M | |
Net Tangible Assets | 325.2M | 355.0M | 381.7M | 370.9M | 426.5M | 393.5M | |
Noncontrolling Interest In Consolidated Entity | 24.7M | 23.2M | 7.7M | 5.6M | 6.5M | 10.9M | |
Retained Earnings Total Equity | 1.4B | 1.4B | 1.4B | 1.5B | 1.7B | 1.1B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether InterDigital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of InterDigital's 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 Interdigital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Interdigital Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InterDigital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade InterDigital Stock refer to our How to Trade InterDigital Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Communications Equipment space 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 InterDigital. If investors know InterDigital 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 InterDigital 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 (0.34) | Dividend Share 1.65 | Earnings Share 9.27 | Revenue Per Share 28.417 | Quarterly Revenue Growth (0.08) |
The market value of InterDigital is measured differently than its book value, which is the value of InterDigital that is recorded on the company's balance sheet. Investors also form their own opinion of InterDigital's value that differs from its market value or its book value, called intrinsic value, which is InterDigital'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 InterDigital's market value can be influenced by many factors that don't directly affect InterDigital'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 InterDigital's value and its price as these two are different measures arrived at by different means. Investors typically determine if InterDigital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InterDigital'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.