Take Current Deferred Revenue vs Total Assets Analysis

0LCX Stock   187.12  0.40  0.21%   
Take Two financial indicator trend analysis is much more than just breaking down Take Two Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Take Two Interactive is a good investment. Please check the relationship between Take Two Current Deferred Revenue and its Total Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. 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.

Current Deferred Revenue vs Total Assets

Current Deferred Revenue vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Current Deferred Revenue account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Take Two's Current Deferred Revenue and Total Assets is 0.76. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Assets in the same time period over historical financial statements of Take Two Interactive Software, assuming nothing else is changed. The correlation between historical values of Take Two's Current Deferred Revenue and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Take Two Interactive Software are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Current Deferred Revenue i.e., Take Two's Current Deferred Revenue and Total Assets go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Assets

Total assets refers to the total amount of Take Two 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 Take Two Interactive 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.
Most indicators from Take Two's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Take Two Interactive 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 Take Two Interactive Software. 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.
Tax Provision is likely to gain to about 107.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 135.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.2B250.7M
Total Revenue3.5B5.3B5.3B968.5M

Take Two fundamental ratios Correlations

0.880.70.910.990.960.690.060.60.340.970.640.270.870.920.86-0.560.490.930.980.490.450.960.950.760.93
0.880.330.620.830.830.94-0.370.62-0.030.950.41-0.170.60.810.97-0.450.150.980.90.070.380.960.780.460.96
0.70.330.910.670.690.030.420.190.760.50.540.80.840.720.39-0.560.940.470.710.920.340.50.830.940.42
0.910.620.910.890.840.370.320.380.570.780.580.570.890.820.62-0.580.760.720.890.750.540.780.930.930.74
0.990.830.670.890.940.650.170.610.350.950.70.270.880.890.79-0.510.440.890.930.490.430.940.910.70.92
0.960.830.690.840.940.620.040.690.430.90.760.330.920.910.85-0.530.480.90.940.550.190.90.930.730.85
0.690.940.030.370.650.62-0.560.61-0.380.840.19-0.490.350.610.89-0.24-0.120.880.71-0.260.350.860.550.190.88
0.06-0.370.420.320.170.04-0.56-0.170.62-0.120.450.70.32-0.04-0.44-0.020.33-0.29-0.090.610.09-0.170.040.23-0.15
0.60.620.190.380.610.690.61-0.17-0.10.640.62-0.140.610.530.630.17-0.010.670.560.08-0.110.640.50.250.61
0.34-0.030.760.570.350.43-0.380.62-0.10.110.530.940.60.380.05-0.510.710.060.330.91-0.030.090.470.660.02
0.970.950.50.780.950.90.84-0.120.640.110.540.010.740.870.91-0.480.290.980.950.250.471.00.870.590.99
0.640.410.540.580.70.760.190.450.620.530.540.470.80.610.41-0.250.310.480.540.58-0.090.510.590.440.48
0.27-0.170.80.570.270.33-0.490.7-0.140.940.010.470.560.29-0.09-0.410.8-0.050.250.960.0-0.010.410.68-0.08
0.870.60.840.890.880.920.350.320.610.60.740.80.560.810.62-0.440.640.710.830.760.140.730.880.80.68
0.920.810.720.820.890.910.61-0.040.530.380.870.610.290.810.83-0.560.570.880.920.50.350.880.960.710.82
0.860.970.390.620.790.850.89-0.440.630.050.910.41-0.090.620.83-0.50.240.970.910.140.280.930.810.530.9
-0.56-0.45-0.56-0.58-0.51-0.53-0.24-0.020.17-0.51-0.48-0.25-0.41-0.44-0.56-0.5-0.49-0.49-0.6-0.47-0.34-0.49-0.63-0.62-0.44
0.490.150.940.760.440.48-0.120.33-0.010.710.290.310.80.640.570.24-0.490.280.540.880.30.290.680.860.21
0.930.980.470.720.890.90.88-0.290.670.060.980.48-0.050.710.880.97-0.490.280.940.20.380.990.870.580.96
0.980.90.710.890.930.940.71-0.090.560.330.950.540.250.830.920.91-0.60.540.940.480.450.950.970.80.91
0.490.070.920.750.490.55-0.260.610.080.910.250.580.960.760.50.14-0.470.880.20.480.090.230.630.820.16
0.450.380.340.540.430.190.350.09-0.11-0.030.47-0.090.00.140.350.28-0.340.30.380.450.090.480.430.420.51
0.960.960.50.780.940.90.86-0.170.640.091.00.51-0.010.730.880.93-0.490.290.990.950.230.480.880.60.99
0.950.780.830.930.910.930.550.040.50.470.870.590.410.880.960.81-0.630.680.870.970.630.430.880.870.82
0.760.460.940.930.70.730.190.230.250.660.590.440.680.80.710.53-0.620.860.580.80.820.420.60.870.52
0.930.960.420.740.920.850.88-0.150.610.020.990.48-0.080.680.820.9-0.440.210.960.910.160.510.990.820.52
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Take Two Account Relationship Matchups

Take Two fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.0B6.5B15.9B12.2B1.0B
Other Current Liab1.1B1.2B1.0B1.1B966.4M133.3M
Total Current Liabilities2.0B2.2B2.1B3.9B2.4B354.3M
Total Stockholder Equity2.5B3.3B3.8B9.0B5.7B506.1M
Property Plant And Equipment Net286.2M314.1M459.2M685.5M736.8M27.4M
Net Debt(1.2B)(1.2B)(1.5B)2.7B2.8B35.9M
Retained Earnings1.3B1.9B2.3B1.2B(2.6B)(119.7M)
Accounts Payable65.7M71.0M125.9M140.1M195.9M173.0M
Cash1.4B1.4B1.7B827.4M754M102.1M
Non Current Assets Total1.5B1.8B2.7B13.4B10.0B380.3M
Non Currrent Assets Other121.2M149.5M325.6M205.1M162.3M33.3M
Cash And Short Term Investments2.0B2.7B2.6B1.0B776M102.1M
Net Receivables674.2M658.3M684.3M843.1M764.7M199.4M
Common Stock Shares Outstanding114.1M115.7M116.8M159.9M170.1M76.8M
Liabilities And Stockholders Equity4.9B6.0B6.5B15.9B12.2B1.0B
Non Current Liabilities Total371.0M461.6M631.6M3.0B4.1B148.1M
Inventory28.2M19.1M17.7M13.2M1.094.0M
Other Current Assets880.0M918.4M621.4M650.6M719.0M232.8M
Other Stockholder Equity1.3B1.5B1.6B8.0B8.4B616.8M
Total Liab2.4B2.7B2.7B6.8B6.5B502.4M
Total Current Assets3.5B4.2B3.9B2.5B2.3B628.2M
Accumulated Other Comprehensive Income(58.4M)(8.7M)(57.3M)(113.3M)(105.1M)8.2M
Short Term Debt50.4M63.2M77.8M1.5B152.2M41.7M
Intangible Assets453.0M612.5M1.0B5.5B4.5B98.7M
Common Stock1.3M1.4M1.4M1.4M1.9M819K
Current Deferred Revenue777.8M928.0M865.3M1.1B1.1B6.3M
Good Will386.5M535.3M674.6M6.8B4.4B220.9M
Other Assets327.0M1.0(12K)341.5M392.7M412.4M
Short Term Investments644.0M1.3B820.1M187M22M20.9M
Capital Surpluse1.9B2.0B2.1B2.3B2.6B2.2B
Property Plant Equipment127.9M286.2M314.1M459.2M528.1M554.5M
Other Liab250.7M219.0M301.9M420.3M378.3M272.9M
Net Tangible Assets982.3M1.7B2.2B2.1B2.4B1.6B

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