InterDigital Income Quality vs Price To Sales Ratio Analysis

IDCC Stock  USD 190.12  6.70  3.65%   
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 Income Quality and its Price To Sales Ratio 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 closely tied 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.

Income Quality vs Price To Sales Ratio

Income Quality vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of InterDigital Income Quality account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between InterDigital's Income Quality and Price To Sales Ratio is -0.16. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of InterDigital, assuming nothing else is changed. The correlation between historical values of InterDigital's Income Quality and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of InterDigital are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Income Quality i.e., InterDigital's Income Quality and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing InterDigital stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on InterDigital sales, a figure that is much harder to manipulate than other InterDigital multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 closely tied 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 9.77, 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

0.790.660.630.740.490.110.930.570.93-0.010.990.380.670.26-0.17-0.810.940.580.980.370.860.380.140.820.76
0.790.780.720.320.130.310.820.50.84-0.250.780.170.460.29-0.19-0.90.890.810.710.40.680.020.140.720.49
0.660.780.940.1-0.20.540.70.110.67-0.060.60.20.010.24-0.22-0.810.80.830.610.770.430.37-0.10.720.58
0.630.720.940.04-0.230.60.620.020.650.120.570.14-0.070.18-0.21-0.730.80.720.580.830.370.44-0.130.650.64
0.740.320.10.040.84-0.360.70.70.680.030.740.30.760.18-0.06-0.440.480.090.73-0.150.830.170.170.590.45
0.490.13-0.2-0.230.84-0.460.510.670.510.00.50.070.680.22-0.09-0.270.21-0.10.45-0.490.7-0.110.00.20.15
0.110.310.540.6-0.36-0.460.11-0.60.140.320.09-0.18-0.3-0.02-0.15-0.290.320.310.090.6-0.090.22-0.260.130.51
0.930.820.70.620.70.510.110.590.97-0.110.890.160.540.39-0.27-0.930.850.660.850.290.920.180.020.750.62
0.570.50.110.020.70.67-0.60.590.58-0.460.580.180.70.24-0.02-0.490.430.360.53-0.290.66-0.190.150.51-0.01
0.930.840.670.650.680.510.140.970.580.00.880.180.510.36-0.25-0.910.860.610.820.310.940.130.090.750.61
-0.01-0.25-0.060.120.030.00.32-0.11-0.460.0-0.050.2-0.27-0.09-0.030.22-0.07-0.57-0.020.340.040.290.190.040.22
0.990.780.60.570.740.50.090.890.580.88-0.050.410.730.17-0.09-0.750.920.560.980.310.820.340.150.80.77
0.380.170.20.140.30.07-0.180.160.180.180.20.410.32-0.350.380.050.32-0.010.470.250.20.330.480.510.25
0.670.460.01-0.070.760.68-0.30.540.70.51-0.270.730.320.15-0.03-0.360.540.180.71-0.240.630.080.340.450.38
0.260.290.240.180.180.22-0.020.390.240.36-0.090.17-0.350.15-0.96-0.460.240.20.180.210.40.160.170.080.01
-0.17-0.19-0.22-0.21-0.06-0.09-0.15-0.27-0.02-0.25-0.03-0.090.38-0.03-0.960.35-0.19-0.13-0.12-0.34-0.26-0.28-0.150.01-0.09
-0.81-0.9-0.81-0.73-0.44-0.27-0.29-0.93-0.49-0.910.22-0.750.05-0.36-0.460.35-0.83-0.82-0.69-0.37-0.78-0.080.08-0.68-0.51
0.940.890.80.80.480.210.320.850.430.86-0.070.920.320.540.24-0.19-0.830.730.920.550.690.420.10.810.77
0.580.810.830.720.09-0.10.310.660.360.61-0.570.56-0.010.180.2-0.13-0.820.730.520.390.370.09-0.220.560.4
0.980.710.610.580.730.450.090.850.530.82-0.020.980.470.710.18-0.12-0.690.920.520.390.760.50.160.80.79
0.370.40.770.83-0.15-0.490.60.29-0.290.310.340.310.25-0.240.21-0.34-0.370.550.390.390.090.660.140.50.52
0.860.680.430.370.830.7-0.090.920.660.940.040.820.20.630.4-0.26-0.780.690.370.760.090.030.230.660.48
0.380.020.370.440.17-0.110.220.18-0.190.130.290.340.330.080.16-0.28-0.080.420.090.50.660.03-0.010.330.58
0.140.14-0.1-0.130.170.0-0.260.020.150.090.190.150.480.340.17-0.150.080.1-0.220.160.140.23-0.010.21-0.03
0.820.720.720.650.590.20.130.750.510.750.040.80.510.450.080.01-0.680.810.560.80.50.660.330.210.57
0.760.490.580.640.450.150.510.62-0.010.610.220.770.250.380.01-0.09-0.510.770.40.790.520.480.58-0.030.57
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 Liab51.3M64.5M72.7M72.3M140.9M148.0M
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 Assets63.4M70.8M88.9M98.8M24.1M22.9M
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

Also Currently Popular

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 closely tied 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.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Communications Equipment space 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
(0.34)
Dividend Share
1.65
Earnings Share
9.28
Revenue Per Share
28.417
Quarterly Revenue Growth
(0.08)
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.