Amdocs Total Assets vs Treasury Stock Analysis

DOX Stock  USD 85.67  0.47  0.55%   
Amdocs financial indicator trend analysis is way more than just evaluating Amdocs prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amdocs is a good investment. Please check the relationship between Amdocs Total Assets and its Treasury Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amdocs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.

Total Assets vs Treasury Stock

Total Assets vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amdocs Total Assets account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Amdocs' Total Assets and Treasury Stock is -0.86. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Amdocs, assuming nothing else is changed. The correlation between historical values of Amdocs' Total Assets and Treasury Stock 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 Amdocs are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Total Assets i.e., Amdocs' Total Assets and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.86
Relationship DirectionNegative 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Amdocs 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 Amdocs 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.

Treasury Stock

Most indicators from Amdocs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amdocs 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amdocs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.At this time, Amdocs' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 15.40 in 2024, whereas Selling General Administrative is likely to drop slightly above 390.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.7B2.0B1.1B
Total Revenue4.6B4.9B5.6B3.1B

Amdocs fundamental ratios Correlations

0.560.510.950.960.650.20.770.050.430.970.750.440.93-0.880.650.73-0.610.940.810.040.950.640.940.530.95
0.560.50.440.490.730.530.76-0.2-0.220.680.67-0.250.67-0.760.610.85-0.770.570.150.110.620.730.630.090.47
0.510.50.370.320.840.770.77-0.43-0.040.590.750.030.37-0.710.850.71-0.820.670.19-0.330.510.840.550.550.5
0.950.440.370.970.48-0.010.690.30.480.880.650.520.92-0.770.470.65-0.460.820.860.130.940.470.920.470.87
0.960.490.320.970.46-0.060.670.280.540.870.640.550.93-0.750.450.66-0.410.80.890.230.920.450.90.380.86
0.650.730.840.480.460.820.93-0.48-0.020.740.90.00.55-0.860.980.87-0.950.790.28-0.320.661.00.70.570.67
0.20.530.77-0.01-0.060.820.6-0.72-0.470.390.57-0.450.13-0.580.790.53-0.840.48-0.28-0.520.20.820.260.410.3
0.770.760.770.690.670.930.6-0.190.10.810.950.160.72-0.90.890.95-0.90.810.49-0.120.820.930.850.540.75
0.05-0.2-0.430.30.28-0.48-0.72-0.190.34-0.11-0.170.430.140.24-0.48-0.10.47-0.20.40.120.11-0.490.07-0.22-0.06
0.43-0.22-0.040.480.54-0.02-0.470.10.340.20.170.960.21-0.030.10.060.240.270.840.140.33-0.030.30.210.31
0.970.680.590.880.870.740.390.81-0.110.20.760.20.93-0.960.710.77-0.740.970.63-0.010.930.730.930.510.94
0.750.670.750.650.640.90.570.95-0.170.170.760.250.66-0.830.90.91-0.820.790.52-0.190.780.90.810.560.77
0.44-0.250.030.520.550.0-0.450.160.430.960.20.250.22-0.050.130.10.190.290.870.050.37-0.010.340.340.37
0.930.670.370.920.930.550.130.720.140.210.930.660.22-0.870.490.74-0.580.830.670.230.930.540.920.340.86
-0.88-0.76-0.71-0.77-0.75-0.86-0.58-0.90.24-0.03-0.96-0.83-0.05-0.87-0.81-0.840.89-0.94-0.480.06-0.89-0.85-0.91-0.53-0.88
0.650.610.850.470.450.980.790.89-0.480.10.710.90.130.49-0.810.8-0.890.810.34-0.40.630.980.670.640.69
0.730.850.710.650.660.870.530.95-0.10.060.770.910.10.74-0.840.8-0.830.720.44-0.050.780.860.80.40.65
-0.61-0.77-0.82-0.46-0.41-0.95-0.84-0.90.470.24-0.74-0.820.19-0.580.89-0.89-0.83-0.76-0.140.25-0.62-0.95-0.67-0.53-0.64
0.940.570.670.820.80.790.480.81-0.20.270.970.790.290.83-0.940.810.72-0.760.64-0.180.880.790.890.640.95
0.810.150.190.860.890.28-0.280.490.40.840.630.520.870.67-0.480.340.44-0.140.640.150.750.260.720.430.72
0.040.11-0.330.130.23-0.32-0.52-0.120.120.14-0.01-0.190.050.230.06-0.4-0.050.25-0.180.150.09-0.320.05-0.41-0.09
0.950.620.510.940.920.660.20.820.110.330.930.780.370.93-0.890.630.78-0.620.880.750.090.651.00.440.89
0.640.730.840.470.451.00.820.93-0.49-0.030.730.9-0.010.54-0.850.980.86-0.950.790.26-0.320.650.690.570.67
0.940.630.550.920.90.70.260.850.070.30.930.810.340.92-0.910.670.8-0.670.890.720.051.00.690.470.91
0.530.090.550.470.380.570.410.54-0.220.210.510.560.340.34-0.530.640.4-0.530.640.43-0.410.440.570.470.63
0.950.470.50.870.860.670.30.75-0.060.310.940.770.370.86-0.880.690.65-0.640.950.72-0.090.890.670.910.63
Click cells to compare fundamentals

Amdocs Account Relationship Matchups

Amdocs fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.3B6.5B6.4B6.4B7.4B4.5B
Other Current Liab794.4M851.9M787.1M802.0M922.3M968.4M
Total Current Liabilities1.2B1.3B1.3B1.4B1.6B1.0B
Total Stockholder Equity3.6B3.6B3.5B3.5B4.1B2.8B
Property Plant And Equipment Net903.4M931.9M971.2M951.9M1.1B1.1B
Net Debt50.0M172.1M253.5M287.2M258.5M271.4M
Retained Earnings5.3B5.9B6.2B6.5B7.5B7.9B
Accounts Payable110.1M121.2M134.4M293.3M337.3M394.9M
Cash983.2M709.1M573.4M520.1M598.1M720.1M
Non Current Assets Total4.3B4.4B4.4B4.5B5.2B2.6B
Non Currrent Assets Other488.6M630.7M574.9M631.6M726.3M762.6M
Cash And Short Term Investments983.9M965.6M818.0M742.5M853.9M1.0B
Net Receivables861.0M866.8M946.8M944.5M1.1B618.6M
Common Stock Shares Outstanding133.2M128.0M121.9M118.5M106.6M144.3M
Liabilities And Stockholders Equity6.3B6.5B6.4B6.4B7.4B4.5B
Non Current Liabilities Total1.5B1.6B1.6B1.5B1.7B1.8B
Other Current Assets229.6M235.1M238.4M224.6M258.3M307.0M
Other Stockholder Equity(1.7B)(2.3B)(2.6B)(3.0B)(2.7B)(2.5B)
Total Liab2.7B2.9B2.8B2.9B3.3B1.7B
Total Current Assets2.1B2.1B2.0B1.9B2.2B1.9B
Short Term Debt159.1M58.7M43.3M40.0M46.0M43.7M
Property Plant And Equipment Gross903.4M931.9M971.2M951.9M1.1B1.1B
Accumulated Other Comprehensive Income11.7M9.3M(72.5M)(53.3M)(47.9M)(45.5M)
Common Stock4.5M4.5M4.5M4.6M5.3M4.4M
Current Deferred Revenue126.8M237.4M253.7M170.6M196.2M184.3M
Other Liab542.4M586.2M750.3M793.9M913.0M469.4M
Other Assets423.9M488.6M630.7M574.9M661.2M386.6M
Good Will2.6B2.6B2.7B2.7B3.2B1.9B
Intangible Assets296.3M259.0M178.3M181.5M163.4M317.6M
Property Plant Equipment354.0M723.6M931.9M971.2M1.1B1.2B
Short Term Investments752K256.5M244.6M222.5M200.2M266.3M
Net Tangible Assets660.6M567.8M711.0M676.6M609.0M676.1M

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Additional Tools for Amdocs Stock Analysis

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