AudioCodes Financials

AUDC Stock  USD 8.77  0.10  1.15%   
Based on the key indicators related to AudioCodes' liquidity, profitability, solvency, and operating efficiency, AudioCodes is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, AudioCodes' Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 21.8 M, whereas Total Assets are forecasted to decline to about 236.4 M. Key indicators impacting AudioCodes' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00620.0066
Notably Down
Slightly volatile
Current Ratio1.611.6944
Notably Down
Slightly volatile
Investors should never underestimate AudioCodes' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor AudioCodes' cash flow, debt, and profitability to make informed and accurate decisions about investing in AudioCodes.

Net Income

9.22 Million

  
Understanding current and past AudioCodes Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of AudioCodes' financial statements are interrelated, with each one affecting the others. For example, an increase in AudioCodes' assets may result in an increase in income on the income statement.

AudioCodes Earnings Geography

Please note, the presentation of AudioCodes' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AudioCodes' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of AudioCodes' management manipulating its earnings.

AudioCodes Stock Summary

AudioCodes competes with Frequency Electronics, Actelis Networks, Optical Cable, Lantronix, and Ondas Holdings. AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel. Audiocodes operates under Communication Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 885 people.
Foreign Associate
  Israel
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINIL0010829658
CUSIPM15342104
LocationIsrael
Business Address1 Hayarden Street,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.audiocodes.com
Phone972 3 976 4099
CurrencyUSD - US Dollar

AudioCodes Key Financial Ratios

AudioCodes Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets243.9M358.1M349.3M323.8M337.5M236.4M
Other Current Liab46.2M40.2M38.4M38.3M29.9M20.5M
Net Debt(29.9M)(11.1M)(59.9M)(10.8M)8.5M9.0M
Retained Earnings(35.2M)(16.4M)6.5M23.4M20.8M21.8M
Accounts Payable6.6M7.0M7.9M11.3M7.6M7.9M
Cash64.8M40.9M79.4M24.5M30.8M34.2M
Net Receivables33.1M34.5M49.0M56.4M51.1M30.0M
Inventory28.3M29.2M24.0M36.4M44.0M46.2M
Total Liab151.4M148.3M143.8M134.1M149.4M99.5M
Total Current Assets132.6M203.6M167.6M149.9M142.7M134.3M
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
Intangible Assets901K569K2.4M1.6M1.0M970.0K
Short Term Debt11.1M10.4M8.1M8.2M7.9M10.0M
Short Long Term Debt2.5M2.5M2.5M1.2M1.1M1.0M
Net Tangible Assets55.4M173.1M165.6M150.6M173.2M110.0M

AudioCodes Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense198K657K621K2.9M1.6M1.1M
Total Revenue200.3M220.8M248.9M275.1M244.4M150.4M
Gross Profit95.0M149.8M170.9M178.8M158.3M90.2M
Operating Income(9.6M)38.4M39.5M31.3M14.4M15.1M
Ebit(9.6M)38.4M39.5M31.3M14.4M7.6M
Research Development41.2M46.1M53.4M59.8M57.2M33.0M
Ebitda(7.5M)40.6M42.0M34.3M17.0M11.1M
Cost Of Revenue105.3M71.0M78.0M96.3M86.0M60.2M
Income Before Tax(11.3M)36.6M39.6M34.2M14.4M15.1M
Net Income4.0M27.2M33.8M28.5M8.8M9.2M
Income Tax Expense(15.3M)9.4M5.9M5.7M5.6M5.9M
Tax Provision(15.3M)9.4M5.9M5.7M5.2M5.5M
Interest Income1.0M1.3M2.7M2.8M2.3M1.8M
Net Interest Income490K(1.7M)123K2.9M1.6M814.8K

AudioCodes Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(5.8M)(1.5M)4.5M(12.7M)(7.8M)(7.4M)
Change In Cash38.3M(23.7M)38.5M(60.0M)6.0M6.3M
Depreciation2.0M2.3M2.4M3.0M2.6M3.5M
Other Non Cash Items140K172K1.6M596K(307K)(291.7K)
Capital Expenditures1.9M1.5M1.2M1.5M6.0M6.3M
Net Income4.0M27.2M33.8M28.5M8.8M9.2M
End Period Cash Flow69.8M46.0M84.5M24.5M30.5M34.6M
Free Cash Flow21.2M36.9M46.2M6.8M8.9M12.4M
Investments31.5M(139.3M)46.6M(19.7M)22.2M23.3M
Net Borrowings(2.5M)(2.5M)(2.5M)(1.2M)(1.1M)(1.1M)
Dividends Paid6.7M8.4M10.9M11.6M11.4M8.2M
Change To Netincome5.4M8.9M15.8M15.7M18.1M19.0M

AudioCodes Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining AudioCodes's current stock value. Our valuation model uses many indicators to compare AudioCodes value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AudioCodes competition to find correlations between indicators driving AudioCodes's intrinsic value. More Info.
AudioCodes is rated second in return on equity category among its peers. It also is rated second in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AudioCodes is roughly  1.72 . At present, AudioCodes' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AudioCodes' earnings, one of the primary drivers of an investment's value.

AudioCodes Systematic Risk

AudioCodes' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. AudioCodes volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on AudioCodes correlated with the market. If Beta is less than 0 AudioCodes generally moves in the opposite direction as compared to the market. If AudioCodes Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one AudioCodes is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of AudioCodes is generally in the same direction as the market. If Beta > 1 AudioCodes moves generally in the same direction as, but more than the movement of the benchmark.

AudioCodes Thematic Clasifications

AudioCodes is part of Israel Wall Street investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Large Israel companies traded on major USA exchanges. Cross-sector collection of best publicly traded Israel entities that are expected to continue growing
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Today, most investors in AudioCodes Stock are looking for potential investment opportunities by analyzing not only static indicators but also various AudioCodes' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of AudioCodes growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.59)

At present, AudioCodes' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

AudioCodes November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of AudioCodes help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of AudioCodes. We use our internally-developed statistical techniques to arrive at the intrinsic value of AudioCodes based on widely used predictive technical indicators. In general, we focus on analyzing AudioCodes Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build AudioCodes's daily price indicators and compare them against related drivers.

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When running AudioCodes' price analysis, check to measure AudioCodes' 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 AudioCodes is operating at the current time. Most of AudioCodes' value examination focuses on studying past and present price action to predict the probability of AudioCodes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioCodes' price. Additionally, you may evaluate how the addition of AudioCodes to your portfolios can decrease your overall portfolio volatility.
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