Check Current Deferred Revenue vs Total Assets Analysis

CHKP Stock  USD 156.41  1.59  1.03%   
Check Point financial indicator trend analysis is way more than just evaluating Check Point Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Check Point Software is a good investment. Please check the relationship between Check Point Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Check Point Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Check Point Software Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Check Point's Current Deferred Revenue and Total Assets is 0.61. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Check Point Software, assuming nothing else is changed. The correlation between historical values of Check Point's Current Deferred Revenue 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 Current Deferred Revenue of Check Point Software 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 Current Deferred Revenue i.e., Check Point's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Check Point 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 Check Point Software 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 Check Point's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Check Point Software 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 Check Point Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, Check Point's Selling General Administrative is relatively stable compared to the past year. As of 06/09/2024, Tax Provision is likely to grow to about 117.8 M, while Enterprise Value Multiple is likely to drop 17.42.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B2.0B2.1B1.1B
Total Revenue2.2B2.3B2.4B1.2B

Check Point fundamental ratios Correlations

0.110.680.90.86-0.260.640.270.330.990.380.950.73-0.390.640.31-0.510.670.370.970.820.880.920.880.590.61
0.110.7-0.080.22-0.490.710.930.370.070.790.140.68-0.720.66-0.05-0.730.690.80.180.460.440.050.440.740.72
0.680.70.420.77-0.330.990.790.250.630.880.70.99-0.890.970.04-0.951.00.910.740.750.770.70.770.980.99
0.9-0.080.420.59-0.340.350.050.390.910.160.850.5-0.030.330.45-0.150.390.040.820.820.830.780.830.290.3
0.860.220.770.59-0.020.790.360.070.820.560.830.77-0.680.830.18-0.740.80.560.870.590.670.90.670.780.77
-0.26-0.49-0.33-0.34-0.02-0.24-0.35-0.97-0.2-0.29-0.39-0.40.02-0.190.060.15-0.28-0.27-0.35-0.63-0.6-0.06-0.6-0.24-0.24
0.640.710.990.350.79-0.240.790.170.590.90.650.97-0.930.990.05-0.971.00.910.70.680.70.690.710.991.0
0.270.930.790.050.36-0.350.790.240.230.810.270.77-0.790.750.03-0.80.780.820.320.530.510.240.520.810.8
0.330.370.250.390.07-0.970.170.240.280.150.440.330.070.12-0.06-0.080.210.180.410.590.60.090.60.160.16
0.990.070.630.910.82-0.20.590.230.280.330.90.67-0.340.580.36-0.450.610.30.920.80.860.880.850.530.55
0.380.790.880.160.56-0.290.90.810.150.330.430.83-0.880.890.0-0.890.890.840.450.560.540.460.540.910.89
0.950.140.70.850.83-0.390.650.270.440.90.430.75-0.390.660.22-0.520.690.410.990.840.880.930.880.610.62
0.730.680.990.50.77-0.40.970.770.330.670.830.75-0.820.950.07-0.90.980.870.790.830.840.730.840.950.96
-0.39-0.72-0.89-0.03-0.680.02-0.93-0.790.07-0.34-0.88-0.39-0.82-0.940.060.98-0.91-0.92-0.45-0.38-0.41-0.5-0.41-0.95-0.94
0.640.660.970.330.83-0.190.990.750.120.580.890.660.95-0.940.05-0.980.990.90.70.640.660.720.670.990.99
0.31-0.050.040.450.180.060.050.03-0.060.360.00.220.070.060.050.050.04-0.130.220.280.260.260.260.050.02
-0.51-0.73-0.95-0.15-0.740.15-0.97-0.8-0.08-0.45-0.89-0.52-0.90.98-0.980.05-0.96-0.95-0.58-0.52-0.55-0.58-0.55-0.98-0.98
0.670.691.00.390.8-0.281.00.780.210.610.890.690.98-0.910.990.04-0.960.910.730.710.730.710.740.990.99
0.370.80.910.040.56-0.270.910.820.180.30.840.410.87-0.920.9-0.13-0.950.910.470.50.510.420.520.920.94
0.970.180.740.820.87-0.350.70.320.410.920.450.990.79-0.450.70.22-0.580.730.470.820.890.930.880.660.67
0.820.460.750.820.59-0.630.680.530.590.80.560.840.83-0.380.640.28-0.520.710.50.820.980.710.980.640.66
0.880.440.770.830.67-0.60.70.510.60.860.540.880.84-0.410.660.26-0.550.730.510.890.980.751.00.660.67
0.920.050.70.780.9-0.060.690.240.090.880.460.930.73-0.50.720.26-0.580.710.420.930.710.750.740.650.66
0.880.440.770.830.67-0.60.710.520.60.850.540.880.84-0.410.670.26-0.550.740.520.880.981.00.740.660.68
0.590.740.980.290.78-0.240.990.810.160.530.910.610.95-0.950.990.05-0.980.990.920.660.640.660.650.660.99
0.610.720.990.30.77-0.241.00.80.160.550.890.620.96-0.940.990.02-0.980.990.940.670.660.670.660.680.99
Click cells to compare fundamentals

Check Point Account Relationship Matchups

Check Point fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B5.8B5.9B5.7B5.7B3.6B
Other Current Liab368.9M417.7M444.9M446.2M1.9B2.0B
Total Current Liabilities1.4B1.5B1.7B1.8B1.9B2.0B
Total Stockholder Equity3.6B3.5B3.3B2.9B2.8B2.5B
Property Plant And Equipment Net87.7M88.1M83.4M82.8M80.4M45.5M
Net Debt(279.2M)(255.7M)(271.9M)(196M)(511.6M)(486.0M)
Retained Earnings9.9B10.7B11.5B12.3B13.2B13.8B
Accounts Payable15.9M17.5M9.8M29.6M48.3M50.7M
Cash279.2M255.7M271.9M196M537.7M345.5M
Non Current Assets Total3.6B3.6B3.6B3.4B3.5B2.1B
Non Currrent Assets Other94.2M85.5M80.3M71.5M97.4M151.4M
Cash And Short Term Investments1.6B1.7B1.7B1.6B1.5B1.2B
Net Receivables495.8M540.8M597.8M644.2M673.2M706.9M
Common Stock Shares Outstanding152.1M142M134.1M126.3M118.3M112.4M
Liabilities And Stockholders Equity5.8B5.8B5.9B5.7B5.7B3.6B
Non Current Liabilities Total799.4M829.2M931M956.3M987.2M1.0B
Other Current Assets58.5M50.1M46.4M50M54.5M55.3M
Other Stockholder Equity(6.3B)(7.3B)(8.3B)(9.3B)(10.3B)(9.8B)
Total Liab2.2B2.4B2.6B2.8B2.9B3.0B
Property Plant And Equipment Gross87.7M88.1M181.2M195.5M214M224.7M
Total Current Assets2.1B2.3B2.3B2.3B2.3B1.5B
Accumulated Other Comprehensive Income21.7M40.7M(600K)(97.9M)(39.2M)(37.2M)
Short Term Investments1.3B1.4B1.4B1.4B992.3M911.3M
Other Liab770.2M798.5M904.6M936M1.1B1.1B
Current Deferred Revenue1.0B1.1B1.3B1.4B1.4B1.5B
Other Assets149.5M119.9M132M149.1M171.5M180.0M
Property Plant Equipment87.7M88.1M83.4M82.8M95.2M50.6M
Good Will981.9M1.0B1.2B1.2B1.6B855.6M
Intangible Assets42.8M38.5M61M58.8M194.1M203.8M
Long Term Investments2.4B2.3B2.1B1.9B1.4B1.8B
Net Tangible Assets2.5B2.4B2.0B1.6B1.5B2.0B
Net Invested Capital3.6B3.5B3.3B2.9B2.8B2.7B
Net Working Capital737.5M734.8M625.8M492.6M341.6M534.8M

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Additional Tools for Check Stock Analysis

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