InterDigital Deferred Long Term Liab vs Total Assets Analysis

IDCC Stock  USD 197.93  0.00  0.00%   
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 Deferred Long Term Liab and its Total Assets 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.

Deferred Long Term Liab vs Total Assets

Deferred Long Term Liab vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterDigital Deferred Long Term Liab account and Total Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between InterDigital's Deferred Long Term Liab and Total Assets is -0.44. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Total Assets in the same time period over historical financial statements of InterDigital, assuming nothing else is changed. The correlation between historical values of InterDigital's Deferred Long Term Liab and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Deferred Long Term Liab of InterDigital are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Deferred Long Term Liab i.e., InterDigital's Deferred Long Term Liab and Total Assets go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Total Assets

Total assets refers to the total amount of InterDigital assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in InterDigital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 Profit249.7M386.4M470.2M493.7M
Total Revenue425.4M457.8M549.6M577.1M

InterDigital fundamental ratios Correlations

0.790.660.630.740.490.110.930.570.93-0.010.990.380.670.26-0.17-0.810.940.580.980.370.860.380.140.820.76
0.790.780.720.320.130.310.820.50.84-0.250.780.170.460.29-0.19-0.90.890.810.710.40.680.020.140.720.49
0.660.780.940.1-0.20.540.70.110.67-0.060.60.20.010.24-0.22-0.810.80.830.610.770.430.37-0.10.720.58
0.630.720.940.04-0.230.60.620.020.650.120.570.14-0.070.18-0.21-0.730.80.720.580.830.370.44-0.130.650.64
0.740.320.10.040.84-0.360.70.70.680.030.740.30.760.18-0.06-0.440.480.090.73-0.150.830.170.170.590.45
0.490.13-0.2-0.230.84-0.460.510.670.510.00.50.070.680.22-0.09-0.270.21-0.10.45-0.490.7-0.110.00.20.15
0.110.310.540.6-0.36-0.460.11-0.60.140.320.09-0.18-0.3-0.02-0.15-0.290.320.310.090.6-0.090.22-0.260.130.51
0.930.820.70.620.70.510.110.590.97-0.110.890.160.540.39-0.27-0.930.850.660.850.290.920.180.020.750.62
0.570.50.110.020.70.67-0.60.590.58-0.460.580.180.70.24-0.02-0.490.430.360.53-0.290.66-0.190.150.51-0.01
0.930.840.670.650.680.510.140.970.580.00.880.180.510.36-0.25-0.910.860.610.820.310.940.130.090.750.61
-0.01-0.25-0.060.120.030.00.32-0.11-0.460.0-0.050.2-0.27-0.09-0.030.22-0.07-0.57-0.020.340.040.290.190.040.22
0.990.780.60.570.740.50.090.890.580.88-0.050.410.730.17-0.09-0.750.920.560.980.310.820.340.150.80.77
0.380.170.20.140.30.07-0.180.160.180.180.20.410.32-0.350.380.050.32-0.010.470.250.20.330.480.510.25
0.670.460.01-0.070.760.68-0.30.540.70.51-0.270.730.320.15-0.03-0.360.540.180.71-0.240.630.080.340.450.38
0.260.290.240.180.180.22-0.020.390.240.36-0.090.17-0.350.15-0.96-0.460.240.20.180.210.40.160.170.080.01
-0.17-0.19-0.22-0.21-0.06-0.09-0.15-0.27-0.02-0.25-0.03-0.090.38-0.03-0.960.35-0.19-0.13-0.12-0.34-0.26-0.28-0.150.01-0.09
-0.81-0.9-0.81-0.73-0.44-0.27-0.29-0.93-0.49-0.910.22-0.750.05-0.36-0.460.35-0.83-0.82-0.69-0.37-0.78-0.080.08-0.68-0.51
0.940.890.80.80.480.210.320.850.430.86-0.070.920.320.540.24-0.19-0.830.730.920.550.690.420.10.810.77
0.580.810.830.720.09-0.10.310.660.360.61-0.570.56-0.010.180.2-0.13-0.820.730.520.390.370.09-0.220.560.4
0.980.710.610.580.730.450.090.850.530.82-0.020.980.470.710.18-0.12-0.690.920.520.390.760.50.160.80.79
0.370.40.770.83-0.15-0.490.60.29-0.290.310.340.310.25-0.240.21-0.34-0.370.550.390.390.090.660.140.50.52
0.860.680.430.370.830.7-0.090.920.660.940.040.820.20.630.4-0.26-0.780.690.370.760.090.030.230.660.48
0.380.020.370.440.17-0.110.220.18-0.190.130.290.340.330.080.16-0.28-0.080.420.090.50.660.03-0.010.330.58
0.140.14-0.1-0.130.170.0-0.260.020.150.090.190.150.480.340.17-0.150.080.1-0.220.160.140.23-0.010.21-0.03
0.820.720.720.650.590.20.130.750.510.750.040.80.510.450.080.01-0.680.810.560.80.50.660.330.210.57
0.760.490.580.640.450.150.510.62-0.010.610.220.770.250.380.01-0.09-0.510.770.40.790.520.480.58-0.030.57
Click cells to compare fundamentals

InterDigital Account Relationship Matchups

InterDigital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.6B1.6B1.6B1.9B1.8B1.9B
Short Long Term Debt Total490.8M415.9M484.2M660.7M625.2M656.4M
Other Current Liab51.3M64.5M72.7M72.3M140.9M148.0M
Total Current Liabilities305.6M295.8M371.6M271.3M881.1M925.2M
Total Stockholder Equity761.6M773.4M745.2M724.9M581.5M301.1M
Property Plant And Equipment Net446.6M435.0M377.0M365.3M27.3M25.9M
Net Debt(254.7M)(57.6M)(457.4M)(32.8M)188.1M197.5M
Retained Earnings1.4B1.4B1.4B1.5B1.5B1.5B
Cash745.5M473.5M941.6M693.5M437.1M219.5M
Non Current Assets Total595.8M589.4M577.9M555.4M603.2M633.3M
Non Currrent Assets Other149.2M154.4M(304.8M)(300.3M)79.6M83.6M
Cash And Short Term Investments924.7M926.6M941.6M1.2B1.0B1.1B
Common Stock Shares Outstanding31.8M31.1M31.3M30.5M28.1M41.6M
Liabilities And Stockholders Equity1.6B1.6B1.6B1.9B1.8B1.9B
Non Current Liabilities Total520.2M523.9M503.7M898.2M308.1M241.9M
Other Current Assets63.4M70.8M88.9M98.8M24.1M22.9M
Other Stockholder Equity(651.9M)(641.1M)(696.0M)(767.0M)(880.6M)(836.5M)
Total Liab825.8M819.7M875.2M1.2B1.2B1.2B
Property Plant And Equipment Gross10.2M16.6M50.2M51.3M51.6M54.2M
Total Current Assets1.0B1.0B1.1B1.3B1.2B1.2B
Accumulated Other Comprehensive Income(74K)(184K)(571K)(916K)(647K)(679.4K)
Intangible Assets436.3M418.3M363.6M354.0M313.0M328.7M
Net Receivables28.3M16.0M31.1M53.2M137.1M144.0M
Accounts Payable13.4M11.0M7.2M10.0M7.8M11.7M
Common Stock Total Equity712K714K717K719K826.9K720.3K
Short Term Investments179.2M453.2M235.3M508.3M569.3M597.7M
Common Stock712K714K717K719K694K722.0K
Other Liab145.5M156.0M19.5M271.3M311.9M207.9M
Other Assets88.1M572.8M285.1M288.0M331.1M347.7M
Long Term Debt350.6M368.0M422.7M607.1M29.0M27.6M
Treasury Stock(1.4B)(1.4B)(1.4B)(1.5B)(1.3B)(1.3B)
Property Plant Equipment10.2M16.6M13.4M11.3M10.2M10.1M
Current Deferred Revenue146.7M219.9M291.7M189.1M153.6M141.9M
Net Tangible Assets325.2M355.0M381.7M370.9M426.5M393.5M
Noncontrolling Interest In Consolidated Entity24.7M23.2M7.7M5.6M6.5M10.9M
Retained Earnings Total Equity1.4B1.4B1.4B1.5B1.7B1.1B

Also Currently Popular

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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.