IDT Net Income vs Change To Operating Activities Analysis

IDT Stock  USD 52.21  1.03  1.93%   
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 Net Income and its Change To Operating Activities 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.

Net Income vs Change To Operating Activities

Net Income vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IDT Corporation Net Income account and Change To Operating Activities. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between IDT's Net Income and Change To Operating Activities is -0.28. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Operating Activities 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 Net Income and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of IDT Corporation are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Net Income i.e., IDT's Net Income and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in IDT Corporation financial statement analysis. It represents the amount of money remaining after all of IDT Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Operating Activities

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.
At this time, IDT's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas Enterprise Value Over EBITDA is likely to drop 9.26 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit329.6M363.1M390.2M310.7M
Total Revenue1.4B1.2B1.2B1.5B

IDT fundamental ratios Correlations

0.420.830.770.46-0.850.10.650.750.850.880.710.760.080.450.730.810.60.970.490.060.230.380.27-0.340.32
0.420.190.450.26-0.540.170.340.560.520.440.420.230.290.740.250.220.340.340.46-0.66-0.520.20.03-0.350.16
0.830.190.30.54-0.59-0.380.840.570.620.580.830.80.030.340.840.990.180.850.540.340.390.020.03-0.55-0.02
0.770.450.30.13-0.790.650.160.580.730.870.270.38-0.030.390.260.260.840.710.12-0.270.020.620.510.110.65
0.460.260.540.13-0.44-0.610.50.610.660.460.650.250.340.310.870.590.090.320.6-0.04-0.18-0.45-0.34-0.23-0.4
-0.85-0.54-0.59-0.79-0.44-0.2-0.57-0.91-0.87-0.95-0.62-0.45-0.23-0.38-0.62-0.58-0.74-0.76-0.60.320.1-0.26-0.290.42-0.4
0.10.17-0.380.65-0.61-0.2-0.42-0.070.030.26-0.41-0.11-0.280.08-0.55-0.450.60.12-0.44-0.32-0.030.710.620.420.78
0.650.340.840.160.5-0.57-0.420.530.620.520.910.460.230.370.810.830.180.60.630.110.13-0.210.18-0.720.1
0.750.560.570.580.61-0.91-0.070.530.810.820.610.490.460.310.690.610.550.640.8-0.31-0.20.14-0.08-0.530.02
0.850.520.620.730.66-0.870.030.620.810.930.750.40.350.360.790.630.590.690.61-0.27-0.190.180.32-0.270.31
0.880.440.580.870.46-0.950.260.520.820.930.610.430.150.340.640.550.740.770.46-0.24-0.040.320.42-0.20.49
0.710.420.830.270.65-0.62-0.410.910.610.750.610.490.260.440.870.830.130.630.620.030.03-0.120.11-0.560.04
0.760.230.80.380.25-0.45-0.110.460.490.40.430.490.040.320.510.810.180.860.380.390.480.43-0.14-0.4-0.08
0.080.290.03-0.030.34-0.23-0.280.230.460.350.150.260.04-0.180.30.16-0.03-0.050.71-0.26-0.44-0.03-0.22-0.48-0.26
0.450.740.340.390.31-0.380.080.370.310.360.340.440.32-0.180.280.310.310.450.08-0.2-0.03-0.010.01-0.110.12
0.730.250.840.260.87-0.62-0.550.810.690.790.640.870.510.30.280.870.170.620.690.120.06-0.26-0.08-0.47-0.16
0.810.220.990.260.59-0.58-0.450.830.610.630.550.830.810.160.310.870.130.820.630.330.340.01-0.07-0.6-0.12
0.60.340.180.840.09-0.740.60.180.550.590.740.130.18-0.030.310.170.130.540.17-0.290.00.370.48-0.050.64
0.970.340.850.710.32-0.760.120.60.640.690.770.630.86-0.050.450.620.820.540.380.20.40.430.22-0.330.29
0.490.460.540.120.6-0.6-0.440.630.80.610.460.620.380.710.080.690.630.170.38-0.24-0.32-0.09-0.24-0.79-0.26
0.06-0.660.34-0.27-0.040.32-0.320.11-0.31-0.27-0.240.030.39-0.26-0.20.120.33-0.290.2-0.240.91-0.1-0.210.09-0.29
0.23-0.520.390.02-0.180.1-0.030.13-0.2-0.19-0.040.030.48-0.44-0.030.060.340.00.4-0.320.910.07-0.020.09-0.01
0.380.20.020.62-0.45-0.260.71-0.210.140.180.32-0.120.43-0.03-0.01-0.260.010.370.43-0.09-0.10.070.40.140.49
0.270.030.030.51-0.34-0.290.620.18-0.080.320.420.11-0.14-0.220.01-0.08-0.070.480.22-0.24-0.21-0.020.40.130.95
-0.34-0.35-0.550.11-0.230.420.42-0.72-0.53-0.27-0.2-0.56-0.4-0.48-0.11-0.47-0.6-0.05-0.33-0.790.090.090.140.130.14
0.320.16-0.020.65-0.4-0.40.780.10.020.310.490.04-0.08-0.260.12-0.16-0.120.640.29-0.26-0.29-0.010.490.950.14
Click cells to compare fundamentals

IDT Account Relationship Matchups

IDT fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets404.8M512.7M497.1M510.8M550.1M620.6M
Other Current Liab12.1M27.9M276.0M39.3M254.6M151.2M
Total Current Liabilities324.9M339.3M305.1M294.1M279.3M358.1M
Total Stockholder Equity74.8M164.9M167.6M193.7M246.2M262.9M
Property Plant And Equipment Net39.6M38.5M44.1M44.2M41.9M39.8M
Net Debt(77.5M)(101.7M)(93.7M)(100.8M)(163.0M)(171.2M)
Retained Earnings(139.3M)(42.9M)(15.8M)24.7M86.6M90.9M
Accounts Payable31.1M24.5M29.1M22.2M24.8M47.7M
Cash84.9M107.1M98.4M103.6M164.6M125.5M
Non Current Assets Total82.6M124.5M134.5M123.7M127.6M197.8M
Cash And Short Term Investments109.2M163.6M137.7M152.2M193.0M255.2M
Net Receivables44.2M46.6M64.3M32.1M42.2M72.4M
Common Stock Shares Outstanding26.4M26.1M26.4M25.6M25.4M20.9M
Liabilities And Stockholders Equity404.8M512.7M497.1M510.8M550.1M620.6M
Non Current Liabilities Total8.7M6.7M11.2M6.2M4.2M4.0M
Other Current Assets19.3M16.8M185.4M60.8M187.3M105.3M
Other Stockholder Equity221.2M217.6M194.4M185.9M177.4M261.5M
Total Liab333.6M346.0M316.3M300.3M283.5M335.8M
Property Plant And Equipment Gross39.6M38.5M44.1M220.8M232.6M244.2M
Total Current Assets322.1M388.1M362.6M387.1M422.5M422.8M
Accumulated Other Comprehensive Income(7.4M)(10.2M)(11.3M)(17.2M)(18.1M)(17.2M)
Non Currrent Assets Other8.9M10.4M10.3M10.9M11.5M11.0M
Short Long Term Debt Total125.5M129.1M4.6M110.8M1.5M1.5M
Short Term Debt125.5M129.1M2.9M110.8M72.8M48.9M
Intangible Assets4.0M7.6M9.6M8.2M6.3M6.0M
Short Term Investments24.3M56.4M39.4M48.6M28.4M27.0M
Common Stock293K297K310K312K315K397.7K
Other Liab1.4M1.2M6.6M3.4M3.0M2.9M
Other Assets17.4M51.9M47.0M35.0M31.5M48.4M
Inventory149.5M161.1M129.8M141.9M17.6M16.7M
Property Plant Equipment39.6M38.5M44.1M44.2M39.8M37.8M
Current Deferred Revenue156.1M157.8M122.3M121.8M113.4M133.8M
Treasury Stock(51.7M)(56.2M)(60.4M)(101.6M)(116.8M)(122.6M)
Good Will12.9M14.9M26.4M26.5M26.3M28.6M
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

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional 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.