Take Retained Earnings vs Total Current 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 Retained Earnings and its Total Current 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.

Retained Earnings vs Total Current Assets

Retained Earnings vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Retained Earnings account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Take Two's Retained Earnings and Total Current Assets is 0.61. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Current 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 Retained Earnings and Total Current 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 Retained Earnings of Take Two Interactive Software are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Retained Earnings i.e., Take Two's Retained Earnings and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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
Click cells to compare fundamentals

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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