Check Non Current Assets Total vs Retained Earnings 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 Non Current Assets Total and its Retained Earnings 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.

Non Current Assets Total vs Retained Earnings

Non Current Assets Total vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Check Point Software Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Check Point's Non Current Assets Total and Retained Earnings is 0.59. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings 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 Non Current Assets Total and Retained Earnings 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 Assets Total of Check Point Software are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., Check Point's Non Current Assets Total and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.59
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
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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