AudioCodes Non Current Liabilities Total vs Other Current Liab Analysis

AUDC Stock  USD 9.10  0.23  2.47%   
AudioCodes financial indicator trend analysis is way more than just evaluating AudioCodes prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AudioCodes is a good investment. Please check the relationship between AudioCodes Non Current Liabilities Total and its Other Current Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. 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.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.

Non Current Liabilities Total vs Other Current Liab

Non Current Liabilities Total vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AudioCodes Non Current Liabilities Total account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between AudioCodes' Non Current Liabilities Total and Other Current Liab is 0.78. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of AudioCodes, assuming nothing else is changed. The correlation between historical values of AudioCodes' Non Current Liabilities Total and Other Current 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 Non Current Liabilities Total of AudioCodes are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Non Current Liabilities Total i.e., AudioCodes' Non Current Liabilities Total and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Non Current Liabilities Total

Other Current Liab

Most indicators from AudioCodes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AudioCodes 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 AudioCodes. 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.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.At present, AudioCodes' Enterprise Value Over EBITDA is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 35.60, whereas Selling General Administrative is forecasted to decline to about 12.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense621K2.9M1.6M1.1M
Depreciation And Amortization2.4M3.0M2.6M3.5M

AudioCodes fundamental ratios Correlations

0.850.920.960.65-0.280.450.520.640.950.580.630.850.27-0.050.860.750.790.940.570.940.12-0.480.490.830.72
0.850.980.710.59-0.490.360.330.790.750.240.740.660.08-0.020.780.610.530.950.440.86-0.02-0.410.250.830.63
0.920.980.810.63-0.440.450.390.760.840.350.730.750.09-0.010.830.690.590.980.510.9-0.03-0.420.30.850.66
0.960.710.810.54-0.220.420.560.510.940.680.50.860.34-0.090.740.680.850.820.480.880.19-0.440.570.720.62
0.650.590.630.540.080.690.090.480.560.270.420.41-0.23-0.160.790.880.260.720.980.67-0.31-0.02-0.050.810.75
-0.28-0.49-0.44-0.220.08-0.080.11-0.75-0.220.18-0.69-0.160.070.12-0.090.13-0.11-0.330.2-0.310.10.060.06-0.280.03
0.450.360.450.420.69-0.08-0.10.270.410.280.270.27-0.64-0.060.350.64-0.10.430.690.43-0.710.34-0.40.480.38
0.520.330.390.560.090.11-0.10.140.550.40.280.750.730.360.440.410.710.420.080.430.7-0.80.810.330.47
0.640.790.760.510.48-0.750.270.140.51-0.050.940.430.04-0.110.660.40.380.750.370.71-0.03-0.30.110.710.48
0.950.750.840.940.56-0.220.410.550.510.740.470.910.33-0.130.780.680.770.860.50.780.17-0.50.570.750.66
0.580.240.350.680.270.180.280.4-0.050.74-0.070.670.32-0.180.40.440.580.390.290.340.17-0.340.470.370.47
0.630.740.730.50.42-0.690.270.280.940.47-0.070.490.090.240.660.470.390.740.330.730.03-0.420.170.710.55
0.850.660.750.860.41-0.160.270.750.430.910.670.490.50.150.70.620.770.760.360.690.38-0.610.730.650.66
0.270.080.090.34-0.230.07-0.640.730.040.330.320.090.50.140.230.00.760.15-0.230.160.97-0.790.940.090.22
-0.05-0.02-0.01-0.09-0.160.12-0.060.36-0.11-0.13-0.180.240.150.140.060.19-0.040.01-0.120.050.16-0.370.140.030.23
0.860.780.830.740.79-0.090.350.440.660.780.40.660.70.230.060.830.630.930.740.850.1-0.550.40.880.87
0.750.610.690.680.880.130.640.410.40.680.440.470.620.00.190.830.450.770.880.74-0.09-0.320.190.860.86
0.790.530.590.850.26-0.11-0.10.710.380.770.580.390.770.76-0.040.630.450.630.210.720.66-0.70.850.560.54
0.940.950.980.820.72-0.330.430.420.750.860.390.740.760.150.010.930.770.630.610.920.02-0.480.350.90.77
0.570.440.510.480.980.20.690.080.370.50.290.330.36-0.23-0.120.740.880.210.610.57-0.310.0-0.060.750.73
0.940.860.90.880.67-0.310.430.430.710.780.340.730.690.160.050.850.740.720.920.570.06-0.410.360.830.7
0.12-0.02-0.030.19-0.310.1-0.710.7-0.030.170.170.030.380.970.160.1-0.090.660.02-0.310.06-0.710.88-0.010.12
-0.48-0.41-0.42-0.44-0.020.060.34-0.8-0.3-0.5-0.34-0.42-0.61-0.79-0.37-0.55-0.32-0.7-0.480.0-0.41-0.71-0.76-0.43-0.53
0.490.250.30.57-0.050.06-0.40.810.110.570.470.170.730.940.140.40.190.850.35-0.060.360.88-0.760.240.34
0.830.830.850.720.81-0.280.480.330.710.750.370.710.650.090.030.880.860.560.90.750.83-0.01-0.430.240.88
0.720.630.660.620.750.030.380.470.480.660.470.550.660.220.230.870.860.540.770.730.70.12-0.530.340.88
Click cells to compare fundamentals

AudioCodes Account Relationship Matchups

AudioCodes fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets243.9M358.1M349.3M323.8M337.5M236.4M
Other Current Liab46.2M40.2M38.4M38.3M29.9M20.5M
Total Current Liabilities97.4M94.8M95.9M94.5M84.2M51.4M
Total Stockholder Equity92.5M209.9M205.5M189.8M188.1M136.9M
Property Plant And Equipment Net33.6M30.0M20.9M17.5M47.6M50.0M
Net Debt(29.9M)(11.1M)(59.9M)(10.8M)8.7M9.2M
Retained Earnings(35.2M)(16.4M)6.5M23.4M20.8M21.8M
Accounts Payable6.6M7.0M7.9M11.3M7.6M7.9M
Cash64.8M40.9M79.4M24.5M30.5M34.1M
Non Current Assets Total111.3M154.5M181.7M173.9M194.9M102.1M
Non Currrent Assets Other694K20.7M22.8M31.0M34M18.0M
Cash And Short Term Investments64.8M41.4M80.1M41.9M38.2M43.4M
Net Receivables33.1M34.5M49.0M56.4M51.1M30.0M
Common Stock Shares Outstanding30.8M32.9M33.8M32.5M31.6M29.6M
Short Term Investments6.4M449K669K17.4M7.7M7.3M
Liabilities And Stockholders Equity243.9M358.1M349.3M323.8M337.5M236.4M
Non Current Liabilities Total54.0M53.5M47.8M39.6M65.2M48.1M
Inventory28.3M29.2M24.0M36.4M44.0M46.2M
Other Stockholder Equity127.6M224.4M199.1M177.2M171.1M157.4M
Total Liab151.4M148.3M143.8M134.1M149.4M99.5M
Property Plant And Equipment Gross34.1M30.0M20.9M17.5M68.1M71.5M
Total Current Assets132.6M203.6M167.6M149.9M142.7M134.3M
Accumulated Other Comprehensive Income(32.3M)1.8M(223K)(11.0M)(3.9M)(4.1M)
Other Current Assets6.4M13.7M9.2M5.2M9.4M16.9M
Common Stock94K105K107K109K110K90.4K
Other Liab40.9M34.1M36.4M34.1M39.2M41.1M
Other Assets40.4M32.7M31.5M40.1M46.1M48.4M
Property Plant Equipment34.1M30.0M20.9M17.5M20.1M21.1M
Short Long Term Debt Total34.9M29.8M19.5M13.7M39.3M32.8M
Intangible Assets901K569K2.4M1.6M1.0M970.0K
Current Deferred Revenue33.5M37.2M41.6M36.6M38.8M40.8M
Short Term Debt11.1M10.4M8.1M8.2M7.9M10.0M
Long Term Investments94K54.9M89.3M77.2M68.5M44.9M
Short Long Term Debt2.5M2.5M2.5M1.2M1.1M1.0M
Net Tangible Assets55.4M173.1M165.6M150.6M173.2M110.0M

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When determining whether AudioCodes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AudioCodes' 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 Audiocodes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Audiocodes Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. 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.
For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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 AudioCodes. If investors know AudioCodes 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 AudioCodes 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
(0.35)
Dividend Share
0.18
Earnings Share
0.4
Revenue Per Share
8.046
Quarterly Revenue Growth
(0.02)
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' 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 AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' 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 AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' 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.