Electronic Total Current Liabilities vs Good Will Analysis

0IFX Stock   163.67  0.16  0.1%   
Electronic Arts financial indicator trend analysis is much more than just examining Electronic Arts latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Electronic Arts is a good investment. Please check the relationship between Electronic Arts Total Current Liabilities and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Electronic Arts. 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.
For more information on how to buy Electronic Stock please use our How to Invest in Electronic Arts guide.

Total Current Liabilities vs Good Will

Total Current Liabilities vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Electronic Arts Total Current Liabilities account and Good Will. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Electronic Arts' Total Current Liabilities and Good Will is 0.83. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Good Will in the same time period over historical financial statements of Electronic Arts, assuming nothing else is changed. The correlation between historical values of Electronic Arts' Total Current Liabilities and Good Will 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 Current Liabilities of Electronic Arts are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Total Current Liabilities i.e., Electronic Arts' Total Current Liabilities and Good Will go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Electronic Arts balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Electronic Arts are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Electronic Arts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Electronic Arts 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Electronic Arts. 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.
For more information on how to buy Electronic Stock please use our How to Invest in Electronic Arts guide.Tax Provision is likely to gain to about 170.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 553.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.0B5.3B5.7B4.2B
Total Revenue7.0B7.2B7.5B5.9B

Electronic Arts fundamental ratios Correlations

0.97-0.050.890.980.82-0.060.97-0.330.60.880.340.870.480.860.83-0.71-0.020.90.790.69-0.910.940.570.59-0.28
0.97-0.020.880.910.850.090.9-0.20.470.920.350.860.340.790.88-0.68-0.130.960.690.72-0.820.980.430.67-0.27
-0.05-0.020.08-0.10.260.49-0.170.26-0.330.170.770.33-0.430.010.21-0.48-0.620.11-0.270.260.160.03-0.40.16-0.72
0.890.880.080.830.760.140.8-0.450.390.850.340.810.30.750.83-0.64-0.090.880.570.77-0.720.890.390.65-0.31
0.980.91-0.10.830.76-0.180.99-0.370.670.810.30.840.580.840.73-0.690.090.820.820.6-0.940.870.660.49-0.25
0.820.850.260.760.760.40.710.10.120.960.40.88-0.040.730.91-0.73-0.420.830.490.79-0.590.850.060.85-0.29
-0.060.090.490.14-0.180.4-0.240.42-0.80.370.320.27-0.82-0.060.42-0.24-0.540.17-0.370.470.30.15-0.780.53-0.27
0.970.9-0.170.80.990.71-0.24-0.390.720.780.270.80.630.840.7-0.660.120.80.850.56-0.960.850.70.44-0.23
-0.33-0.20.26-0.45-0.370.10.42-0.39-0.54-0.02-0.05-0.2-0.67-0.120.010.14-0.56-0.17-0.310.020.43-0.19-0.660.240.17
0.60.47-0.330.390.670.12-0.80.72-0.540.180.060.320.940.510.11-0.310.360.390.670.0-0.770.420.96-0.11-0.11
0.880.920.170.850.810.960.370.78-0.020.180.40.870.020.790.98-0.71-0.360.920.580.86-0.670.930.120.84-0.28
0.340.350.770.340.30.40.320.27-0.050.060.40.65-0.010.260.44-0.77-0.370.410.130.35-0.360.380.030.16-0.95
0.870.860.330.810.840.880.270.8-0.20.320.870.650.230.70.81-0.91-0.210.810.510.73-0.770.850.320.59-0.62
0.480.34-0.430.30.58-0.04-0.820.63-0.670.940.02-0.010.230.32-0.07-0.190.630.210.6-0.14-0.690.270.99-0.31-0.08
0.860.790.010.750.840.73-0.060.84-0.120.510.790.260.70.320.79-0.69-0.270.810.750.74-0.830.810.430.63-0.22
0.830.880.210.830.730.910.420.70.010.110.980.440.81-0.070.79-0.68-0.450.930.550.88-0.620.920.040.85-0.3
-0.71-0.68-0.48-0.64-0.69-0.73-0.24-0.660.14-0.31-0.71-0.77-0.91-0.19-0.69-0.680.36-0.67-0.45-0.660.71-0.7-0.28-0.50.79
-0.02-0.13-0.62-0.090.09-0.42-0.540.12-0.560.36-0.36-0.37-0.210.63-0.27-0.450.36-0.30.22-0.44-0.12-0.220.57-0.610.31
0.90.960.110.880.820.830.170.8-0.170.390.920.410.810.210.810.93-0.67-0.30.630.77-0.740.970.30.72-0.31
0.790.69-0.270.570.820.49-0.370.85-0.310.670.580.130.510.60.750.55-0.450.220.630.45-0.820.70.660.27-0.03
0.690.720.260.770.60.790.470.560.020.00.860.350.73-0.140.740.88-0.66-0.440.770.45-0.50.8-0.030.75-0.28
-0.91-0.820.16-0.72-0.94-0.590.3-0.960.43-0.77-0.67-0.36-0.77-0.69-0.83-0.620.71-0.12-0.74-0.82-0.5-0.8-0.76-0.340.36
0.940.980.030.890.870.850.150.85-0.190.420.930.380.850.270.810.92-0.7-0.220.970.70.8-0.80.360.72-0.3
0.570.43-0.40.390.660.06-0.780.7-0.660.960.120.030.320.990.430.04-0.280.570.30.66-0.03-0.760.36-0.22-0.11
0.590.670.160.650.490.850.530.440.24-0.110.840.160.59-0.310.630.85-0.5-0.610.720.270.75-0.340.72-0.22-0.1
-0.28-0.27-0.72-0.31-0.25-0.29-0.27-0.230.17-0.11-0.28-0.95-0.62-0.08-0.22-0.30.790.31-0.31-0.03-0.280.36-0.3-0.11-0.1
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Electronic Arts Account Relationship Matchups

Electronic Arts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets11.1B13.3B13.8B13.5B13.4B10.5B
Short Long Term Debt Total1.2B2.2B2.2B2.2B2.2B1.5B
Other Current Liab879M1.2B1.2B1.1B2.9B3.1B
Total Current Liabilities2.7B3.0B3.5B3.3B3.1B2.9B
Total Stockholder Equity7.5B7.8B7.6B7.3B7.5B5.8B
Property Plant And Equipment Net642M733M864M825M821M657.8M
Net Debt(2.5B)(3.1B)(501M)(201M)(704M)(739.2M)
Retained Earnings7.5B7.9B7.6B7.4B7.6B4.9B
Cash3.8B5.3B2.7B2.4B2.9B3.3B
Non Current Assets Total4.6B6.1B9.6B9.5B9.2B5.2B
Non Currrent Assets Other112M120M193M205M2.6B2.7B
Other Assets2.0B2.2B2.4B2.7B3.1B3.2B
Cash And Short Term Investments5.7B6.4B3.1B2.8B3.3B4.3B
Net Receivables461M521M650M684M565M502.5M
Good Will1.9B2.9B5.4B5.4B5.4B3.0B
Common Stock Shares Outstanding295M292M286M278M272M242.6M
Liabilities And Stockholders Equity11.1B13.3B13.8B13.5B13.4B10.4B
Non Current Liabilities Total987M2.5B2.7B2.9B2.8B1.9B
Other Current Assets321M326M439M518M420M385.2M
Total Liab3.7B5.4B6.2B6.2B5.9B4.7B
Total Current Assets6.5B7.2B4.2B4.0B4.2B5.2B
Intangible Assets53M309M962M618M400M284.7M
Current Deferred Revenue1.0B1.6B2.2B2.0B1.9B1.8B
Long Term Debt992M994M397M1.9B2.2B1.2B
Property Plant Equipment448M642M733M864M993.6M655.2M
Other Liab367M435M406M512M588.8M489.7M
Net Tangible Assets3.4B5.5B4.7B1.3B1.1B1.1B

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