InterDigital Total Assets vs Retained Earnings Analysis

IDCC Stock  USD 113.87  0.28  0.25%   
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 Total Assets and its Retained Earnings 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 tightly coupled 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.

Total Assets vs Retained Earnings

Total Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterDigital Total Assets account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between InterDigital's Total Assets and Retained Earnings is 0.93. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of InterDigital, assuming nothing else is changed. The correlation between historical values of InterDigital's Total Assets 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 Total Assets of InterDigital 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 Total Assets i.e., InterDigital's Total Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

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.

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 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 tightly coupled 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 14.02, 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

0.810.650.630.740.490.110.930.570.93-0.010.990.380.670.26-0.2-0.810.940.580.980.370.860.380.140.820.76
0.810.780.740.360.240.350.850.510.86-0.220.80.110.430.27-0.23-0.920.890.820.730.380.690.05-0.070.710.52
0.650.780.940.09-0.220.550.680.090.66-0.030.590.21-0.010.23-0.26-0.790.790.810.60.790.420.39-0.090.720.58
0.630.740.940.04-0.230.60.620.020.650.120.570.14-0.070.18-0.24-0.730.80.720.580.830.370.44-0.130.650.64
0.740.360.090.040.84-0.360.70.70.680.030.740.30.760.18-0.07-0.440.480.090.73-0.150.830.170.170.590.45
0.490.24-0.22-0.230.84-0.460.510.670.510.00.50.070.680.22-0.09-0.270.21-0.10.45-0.490.7-0.110.00.20.15
0.110.350.550.6-0.36-0.460.11-0.60.140.320.09-0.18-0.3-0.02-0.09-0.290.320.310.090.6-0.090.22-0.260.130.51
0.930.850.680.620.70.510.110.590.97-0.110.890.160.540.39-0.31-0.930.850.660.850.290.920.180.020.750.62
0.570.510.090.020.70.67-0.60.590.58-0.460.580.180.70.24-0.1-0.490.430.360.53-0.290.66-0.190.150.51-0.01
0.930.860.660.650.680.510.140.970.580.00.880.180.510.36-0.28-0.910.860.610.820.310.940.130.090.750.61
-0.01-0.22-0.030.120.030.00.32-0.11-0.460.0-0.050.2-0.27-0.090.060.22-0.07-0.57-0.020.340.040.290.190.040.22
0.990.80.590.570.740.50.090.890.580.88-0.050.410.730.17-0.11-0.750.920.560.980.310.820.340.150.80.77
0.380.110.210.140.30.07-0.180.160.180.180.20.410.32-0.350.390.050.32-0.010.470.250.20.330.480.510.25
0.670.43-0.01-0.070.760.68-0.30.540.70.51-0.270.730.320.15-0.03-0.360.540.180.71-0.240.630.080.340.450.38
0.260.270.230.180.180.22-0.020.390.240.36-0.090.17-0.350.15-0.97-0.460.240.20.180.210.40.160.170.080.01
-0.2-0.23-0.26-0.24-0.07-0.09-0.09-0.31-0.1-0.280.06-0.110.39-0.03-0.970.39-0.22-0.21-0.14-0.33-0.28-0.26-0.12-0.02-0.08
-0.81-0.92-0.79-0.73-0.44-0.27-0.29-0.93-0.49-0.910.22-0.750.05-0.36-0.460.39-0.83-0.82-0.69-0.37-0.78-0.080.08-0.68-0.51
0.940.890.790.80.480.210.320.850.430.86-0.070.920.320.540.24-0.22-0.830.730.920.550.690.420.10.810.77
0.580.820.810.720.09-0.10.310.660.360.61-0.570.56-0.010.180.2-0.21-0.820.730.520.390.370.09-0.220.560.4
0.980.730.60.580.730.450.090.850.530.82-0.020.980.470.710.18-0.14-0.690.920.520.390.760.50.160.80.79
0.370.380.790.83-0.15-0.490.60.29-0.290.310.340.310.25-0.240.21-0.33-0.370.550.390.390.090.660.140.50.52
0.860.690.420.370.830.7-0.090.920.660.940.040.820.20.630.4-0.28-0.780.690.370.760.090.030.230.660.48
0.380.050.390.440.17-0.110.220.18-0.190.130.290.340.330.080.16-0.26-0.080.420.090.50.660.03-0.010.330.58
0.14-0.07-0.09-0.130.170.0-0.260.020.150.090.190.150.480.340.17-0.120.080.1-0.220.160.140.23-0.010.21-0.03
0.820.710.720.650.590.20.130.750.510.750.040.80.510.450.08-0.02-0.680.810.560.80.50.660.330.210.57
0.760.520.580.640.450.150.510.62-0.010.610.220.770.250.380.01-0.08-0.510.770.40.790.520.480.58-0.030.57
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 Liab51.3M61.7M68.9M69.1M140.9M148.0M
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 Assets63.4M84.2M5.1M89.7M8.9M8.5M
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

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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 tightly coupled 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.
Note that the InterDigital information on this page should be used as a complementary analysis to other InterDigital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running InterDigital's price analysis, check to measure InterDigital'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 InterDigital is operating at the current time. Most of InterDigital's value examination focuses on studying past and present price action to predict the probability of InterDigital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InterDigital's price. Additionally, you may evaluate how the addition of InterDigital to your portfolios can decrease your overall portfolio volatility.
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Is InterDigital's industry 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
(0.20)
Dividend Share
1.55
Earnings Share
6.92
Revenue Per Share
23.452
Quarterly Revenue Growth
0.302
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.