IDT Change Receivables vs Exchange Rate Changes Analysis

IDT Stock  USD 48.56  0.01  0.02%   
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 Change Receivables and its Exchange Rate Changes 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 closely tied with the direction of predictive economic indicators such as signals in unemployment.

Change Receivables vs Exchange Rate Changes

Change Receivables vs Exchange Rate Changes Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDT Corporation Change Receivables account and Exchange Rate Changes. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between IDT's Change Receivables and Exchange Rate Changes is -0.52. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Exchange Rate Changes 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 Change Receivables and Exchange Rate Changes is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of IDT Corporation are associated (or correlated) with its Exchange Rate Changes. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Exchange Rate Changes has no effect on the direction of Change Receivables i.e., IDT's Change Receivables and Exchange Rate Changes go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Exchange Rate Changes

The impact of changes in foreign exchange rates on a company's financial position and results.
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 closely tied with the direction of predictive economic indicators such as signals in unemployment.
Enterprise Value is likely to gain to about 757.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 214.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit363.1M390.2M448.7M310.7M
Total Revenue1.2B1.2B1.4B1.5B

IDT fundamental ratios Correlations

0.410.830.750.42-0.840.110.450.740.840.880.680.760.070.530.690.780.50.970.460.030.240.370.3-0.350.31
0.410.180.530.14-0.60.320.150.60.440.450.270.190.210.750.110.10.470.350.37-0.68-0.420.250.05-0.350.07
0.830.180.290.52-0.58-0.350.780.550.620.570.80.80.020.340.820.970.130.840.530.330.390.020.0-0.55-0.02
0.750.530.290.05-0.790.69-0.190.610.680.860.180.36-0.070.610.170.180.750.710.07-0.330.040.610.530.070.57
0.420.140.520.05-0.39-0.630.640.530.640.40.650.250.350.110.860.60.090.280.610.02-0.18-0.46-0.37-0.21-0.4
-0.84-0.6-0.58-0.79-0.39-0.24-0.27-0.95-0.81-0.93-0.52-0.46-0.21-0.56-0.53-0.51-0.68-0.76-0.560.360.07-0.27-0.240.44-0.26
0.110.32-0.350.69-0.63-0.24-0.740.040.00.29-0.46-0.11-0.30.38-0.59-0.480.550.15-0.46-0.390.00.70.590.350.65
0.450.150.78-0.190.64-0.27-0.740.40.370.170.790.580.310.130.780.85-0.130.440.690.330.18-0.36-0.38-0.67-0.41
0.740.60.550.610.53-0.950.040.40.770.820.530.470.410.390.590.540.610.650.75-0.36-0.170.17-0.03-0.53-0.01
0.840.440.620.680.64-0.810.00.370.770.920.740.40.340.470.770.620.390.680.59-0.25-0.190.150.33-0.280.32
0.880.450.570.860.4-0.930.290.170.820.920.560.420.130.540.580.510.580.770.41-0.27-0.030.310.45-0.220.46
0.680.270.80.180.65-0.52-0.460.790.530.740.560.480.270.380.880.84-0.10.580.590.090.01-0.170.11-0.540.07
0.760.190.80.360.25-0.46-0.110.580.470.40.420.480.040.190.50.80.260.850.380.390.470.43-0.1-0.39-0.08
0.070.210.02-0.070.35-0.21-0.30.310.410.340.130.270.04-0.220.320.17-0.03-0.070.71-0.22-0.44-0.04-0.23-0.46-0.25
0.530.750.340.610.11-0.560.380.130.390.470.540.380.19-0.220.190.210.450.510.01-0.37-0.040.110.38-0.160.4
0.690.110.820.170.86-0.53-0.590.780.590.770.580.880.50.320.190.870.020.570.670.170.04-0.3-0.08-0.44-0.12
0.780.10.970.180.6-0.51-0.480.850.540.620.510.840.80.170.210.870.040.780.620.360.32-0.03-0.06-0.58-0.09
0.50.470.130.750.09-0.680.55-0.130.610.390.58-0.10.26-0.030.450.020.040.510.17-0.280.080.360.12-0.060.18
0.970.350.840.710.28-0.760.150.440.650.680.770.580.85-0.070.510.570.780.510.350.160.410.430.25-0.340.27
0.460.370.530.070.61-0.56-0.460.690.750.590.410.590.380.710.010.670.620.170.35-0.2-0.32-0.1-0.28-0.77-0.3
0.03-0.680.33-0.330.020.36-0.390.33-0.36-0.25-0.270.090.39-0.22-0.370.170.36-0.280.16-0.20.86-0.12-0.230.12-0.24
0.24-0.420.390.04-0.180.070.00.18-0.17-0.19-0.030.010.47-0.44-0.040.040.320.080.41-0.320.860.08-0.030.09-0.01
0.370.250.020.61-0.46-0.270.7-0.360.170.150.31-0.170.43-0.040.11-0.3-0.030.360.43-0.1-0.120.080.380.120.42
0.30.050.00.53-0.37-0.240.59-0.38-0.030.330.450.11-0.1-0.230.38-0.08-0.060.120.25-0.28-0.23-0.030.380.11.0
-0.35-0.35-0.550.07-0.210.440.35-0.67-0.53-0.28-0.22-0.54-0.39-0.46-0.16-0.44-0.58-0.06-0.34-0.770.120.090.120.10.12
0.310.07-0.020.57-0.4-0.260.65-0.41-0.010.320.460.07-0.08-0.250.4-0.12-0.090.180.27-0.3-0.24-0.010.421.00.12
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IDT Account Relationship Matchups

IDT fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets512.7M497.1M510.8M550.1M495.1M620.6M
Other Current Liab27.9M276.0M39.3M254.6M292.8M151.2M
Total Current Liabilities339.3M305.1M294.1M279.3M321.2M358.1M
Total Stockholder Equity164.9M167.6M193.7M246.2M221.6M262.9M
Property Plant And Equipment Net38.5M44.1M44.2M41.9M37.7M35.8M
Net Debt(101.7M)(93.7M)(100.8M)(163.0M)(146.7M)(154.1M)
Retained Earnings(42.9M)(15.8M)24.7M86.6M77.9M81.8M
Accounts Payable24.5M29.1M22.2M24.8M22.3M21.2M
Cash107.1M98.4M103.6M164.6M148.1M125.5M
Non Current Assets Total124.5M134.5M123.7M127.6M114.8M197.8M
Cash And Short Term Investments163.6M137.7M152.2M193.0M173.7M255.2M
Net Receivables46.6M64.3M32.1M42.2M38.0M72.4M
Common Stock Shares Outstanding26.1M26.4M25.6M25.4M22.9M20.9M
Liabilities And Stockholders Equity512.7M497.1M510.8M550.1M495.1M620.6M
Non Current Liabilities Total6.7M11.2M6.2M4.2M3.8M3.6M
Other Current Assets16.8M185.4M60.8M187.3M215.4M226.2M
Other Stockholder Equity217.6M194.4M185.9M177.4M159.7M261.5M
Total Liab346.0M316.3M300.3M283.5M255.2M335.8M
Property Plant And Equipment Gross38.5M44.1M220.8M232.6M209.3M109.5M
Total Current Assets388.1M362.6M387.1M422.5M380.3M422.8M
Accumulated Other Comprehensive Income(10.2M)(11.3M)(17.2M)(18.1M)(20.9M)(19.8M)
Non Currrent Assets Other10.4M10.3M10.9M11.5M10.4M9.9M
Short Long Term Debt Total129.1M4.6M110.8M1.5M1.4M1.3M
Short Term Debt129.1M2.9M110.8M72.8M83.7M48.9M
Intangible Assets7.6M9.6M8.2M6.3M5.7M5.4M
Short Term Investments56.4M39.4M48.6M28.4M25.6M24.3M
Common Stock297K310K312K315K283.5K397.7K
Other Liab1.4M1.2M6.6M3.4M3.0M2.9M
Other Assets17.4M51.9M47.0M35.0M31.5M48.4M
Inventory161.1M129.8M141.9M17.6M20.2M38.2M
Property Plant Equipment39.6M38.5M44.1M44.2M39.8M37.8M
Current Deferred Revenue157.8M122.3M121.8M113.4M130.4M133.8M
Treasury Stock(51.7M)(56.2M)(60.4M)(101.6M)(116.8M)(122.6M)
Good Will14.9M26.4M26.5M26.3M23.7M28.6M
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

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