International Game Technology Stock Current Ratio
| 7IG Stock | EUR 18.00 0.20 1.10% |
International Game Technology fundamentals help investors to digest information that contributes to International Game's financial success or failures. It also enables traders to predict the movement of International Stock. The fundamental analysis module provides a way to measure International Game's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to International Game stock.
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International Game Technology Company Current Ratio Analysis
International Game's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current International Game Current Ratio | 0.69 X |
Most of International Game's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, International Game Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
| Competition |
In accordance with the recently published financial statements, International Game Technology has a Current Ratio of 0.69 times. This is 69.6% lower than that of the Consumer Cyclical sector and 62.3% lower than that of the Gambling industry. The current ratio for all Germany stocks is 68.06% higher than that of the company.
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International Fundamentals
| Return On Equity | 0.21 | |||
| Return On Asset | 0.0533 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 9.81 B | |||
| Shares Outstanding | 199.31 M | |||
| Shares Owned By Insiders | 48.10 % | |||
| Shares Owned By Institutions | 46.47 % | |||
| Price To Earning | 18.73 X | |||
| Price To Book | 3.02 X | |||
| Price To Sales | 1.12 X | |||
| Revenue | 4.09 B | |||
| Gross Profit | 2 B | |||
| EBITDA | 1.61 B | |||
| Net Income | 482 M | |||
| Cash And Equivalents | 290.36 M | |||
| Cash Per Share | 1.42 X | |||
| Total Debt | 6.48 B | |||
| Debt To Equity | 321.30 % | |||
| Current Ratio | 0.69 X | |||
| Book Value Per Share | 7.17 X | |||
| Cash Flow From Operations | 978 M | |||
| Earnings Per Share | 1.65 X | |||
| Target Price | 29.46 | |||
| Number Of Employees | 10.39 K | |||
| Beta | 1.89 | |||
| Market Capitalization | 5.03 B | |||
| Total Asset | 11.32 B | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 11.32 B |
About International Game Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze International Game Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Game using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Game Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in International Stock
When determining whether International Game is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if International Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about International Game Technology Stock. Highlighted below are key reports to facilitate an investment decision about International Game Technology Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.