Playtika Long Term Investments vs Accounts Payable Analysis

PLTK Stock  USD 8.33  0.20  2.34%   
Playtika Holding financial indicator trend analysis is much more than just breaking down Playtika Holding Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playtika Holding Corp is a good investment. Please check the relationship between Playtika Holding Long Term Investments and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtika Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Long Term Investments vs Accounts Payable

Long Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtika Holding Corp Long Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Playtika Holding's Long Term Investments and Accounts Payable is 0.82. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Playtika Holding Corp, assuming nothing else is changed. The correlation between historical values of Playtika Holding's Long Term Investments and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of Playtika Holding Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Long Term Investments i.e., Playtika Holding's Long Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Long Term Investments

Long Term Investments is an item on the asset side of Playtika Holding balance sheet that represents investments Playtika Holding Corp intends to hold for over a year. Playtika Holding Corp long term investments may include different instruments such as stocks, bonds, real estate and cash.

Accounts Payable

An accounting item on the balance sheet that represents Playtika Holding obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Playtika Holding Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Playtika Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playtika Holding Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtika Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Playtika Holding's Tax Provision is quite stable compared to the past year. Selling General Administrative is expected to rise to about 309.8 M this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.9B1.8B1.6B
Total Revenue2.6B2.6B2.6B2.3B

Playtika Holding fundamental ratios Correlations

-0.55-0.52-0.67-0.60.27-0.430.47-0.56-0.57-0.480.38-0.56-0.51-0.56-0.71-0.48-0.52-0.48-0.08-0.56-0.27-0.530.84-0.67-0.41
-0.550.880.80.65-0.530.77-0.760.960.990.78-0.730.880.970.990.770.420.890.96-0.240.990.580.9-0.620.850.9
-0.520.880.950.86-0.860.64-0.980.970.870.98-0.960.880.780.930.590.551.00.77-0.630.910.251.0-0.440.730.77
-0.670.80.950.84-0.840.69-0.950.90.830.95-0.90.90.660.870.650.580.940.64-0.520.850.270.95-0.60.790.59
-0.60.650.860.84-0.820.26-0.870.760.610.86-0.890.620.590.680.290.710.850.6-0.610.67-0.090.83-0.290.570.66
0.27-0.53-0.86-0.84-0.82-0.380.95-0.73-0.54-0.930.96-0.65-0.38-0.63-0.23-0.56-0.86-0.370.88-0.590.14-0.840.09-0.45-0.42
-0.430.770.640.690.26-0.38-0.550.750.860.58-0.450.850.670.810.860.250.640.62-0.030.810.70.68-0.750.860.44
0.47-0.76-0.98-0.95-0.870.95-0.55-0.9-0.77-1.00.99-0.82-0.63-0.83-0.48-0.57-0.97-0.620.74-0.8-0.11-0.970.34-0.64-0.64
-0.560.960.970.90.76-0.730.75-0.90.960.91-0.870.880.880.980.740.560.970.86-0.470.970.380.98-0.550.840.83
-0.570.990.870.830.61-0.540.86-0.770.960.79-0.710.910.930.990.830.430.880.91-0.220.990.610.9-0.690.90.82
-0.480.780.980.950.86-0.930.58-1.00.910.79-0.980.840.650.850.520.560.980.64-0.730.820.140.97-0.360.660.65
0.38-0.73-0.96-0.9-0.890.96-0.450.99-0.87-0.71-0.98-0.75-0.61-0.79-0.37-0.58-0.96-0.610.8-0.76-0.02-0.940.21-0.57-0.66
-0.560.880.880.90.62-0.650.85-0.820.880.910.84-0.750.770.920.740.260.880.75-0.290.920.640.9-0.70.790.65
-0.510.970.780.660.59-0.380.67-0.630.880.930.65-0.610.770.920.690.370.791.0-0.110.950.590.8-0.570.790.95
-0.560.990.930.870.68-0.630.81-0.830.980.990.85-0.790.920.920.790.450.930.91-0.331.00.540.95-0.630.860.84
-0.710.770.590.650.29-0.230.86-0.480.740.830.52-0.370.740.690.790.30.60.650.080.770.620.63-0.880.840.5
-0.480.420.550.580.71-0.560.25-0.570.560.430.56-0.580.260.370.450.30.550.34-0.430.42-0.360.54-0.220.640.34
-0.520.891.00.940.85-0.860.64-0.970.970.880.98-0.960.880.790.930.60.550.78-0.620.910.271.0-0.440.740.78
-0.480.960.770.640.6-0.370.62-0.620.860.910.64-0.610.751.00.910.650.340.78-0.120.930.580.79-0.530.740.97
-0.08-0.24-0.63-0.52-0.610.88-0.030.74-0.47-0.22-0.730.8-0.29-0.11-0.330.08-0.43-0.62-0.12-0.280.45-0.59-0.34-0.07-0.25
-0.560.990.910.850.67-0.590.81-0.80.970.990.82-0.760.920.951.00.770.420.910.93-0.280.580.93-0.640.860.86
-0.270.580.250.27-0.090.140.7-0.110.380.610.14-0.020.640.590.540.62-0.360.270.580.450.580.31-0.680.470.42
-0.530.91.00.950.83-0.840.68-0.970.980.90.97-0.940.90.80.950.630.541.00.79-0.590.930.31-0.480.770.78
0.84-0.62-0.44-0.6-0.290.09-0.750.34-0.55-0.69-0.360.21-0.7-0.57-0.63-0.88-0.22-0.44-0.53-0.34-0.64-0.68-0.48-0.78-0.35
-0.670.850.730.790.57-0.450.86-0.640.840.90.66-0.570.790.790.860.840.640.740.74-0.070.860.470.77-0.780.6
-0.410.90.770.590.66-0.420.44-0.640.830.820.65-0.660.650.950.840.50.340.780.97-0.250.860.420.78-0.350.6
Click cells to compare fundamentals

Playtika Holding Account Relationship Matchups

Playtika Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.8B2.7B3.2B2.4B
Short Long Term Debt Total2.5B2.4B2.5B2.5B2.5B2.3B
Other Current Liab332.3M316.6M283.3M308.2M337.4M333.9M
Total Current Liabilities553.9M640.4M569.7M461.8M539.6M586.8M
Total Stockholder Equity(1.6B)(1.2B)(377.7M)(568.6M)(221.5M)(232.6M)
Other Liab169.7M102.5M106.1M298.7M343.5M171.9M
Net Tangible Assets(2.4B)(2.1B)(1.6B)(1.7B)(1.6B)(1.6B)
Property Plant And Equipment Net140.8M171.9M192.7M229.9M220.2M184.5M
Current Deferred Revenue19.4M21.3M31.6M38.6M46M30.7M
Net Debt2.3B1.9B1.5B1.8B1.5B1.6B
Retained Earnings(1.8B)(1.7B)(1.4B)(1.1B)(907.6M)(953.0M)
Accounts Payable54.1M34.6M45.7M50.7M65M51.3M
Cash266.8M520.1M1.0B768.7M1.0B715.5M
Non Current Assets Total1.0B1.0B1.5B1.7B1.8B1.4B
Non Currrent Assets Other3.3M7.3M13.4M156.7M136.4M143.2M
Other Assets31.5M597M51.7M195.7M225.1M203.7M
Long Term Debt2.3B2.2B2.4B2.4B2.4B2.2B
Cash And Short Term Investments266.8M520.1M1.1B768.7M1.0B733.9M
Net Receivables125.7M129.3M143.7M141.1M171.5M160.1M
Good Will474.2M484.8M788.1M811.2M987.2M690.5M
Liabilities And Stockholders Equity1.5B1.8B2.8B2.7B3.2B2.4B
Non Current Liabilities Total2.5B2.4B2.6B2.8B2.9B2.4B
Capital Lease Obligations62.9M83.4M99.5M108M107.7M84.6M
Inventory17.2M21.3M22.7M1.7M(25.3M)(24.0M)
Other Current Assets67.4M105.1M74.9M115.1M149.9M105.9M
Total Liab3.1B3.0B3.2B3.3B3.4B3.0B
Net Invested Capital841.9M1.1B2.1B1.9B2.2B1.6B
Property Plant And Equipment Gross140.8M98M192.7M229.9M415.9M436.7M
Short Long Term Debt137.6M104.6M12.2M12.4M16.8M16.0M
Total Current Assets477.1M754.5M1.3B1.0B1.4B1.0B
Accumulated Other Comprehensive Income(2.9M)16.7M3.2M17.6M20.6M21.6M
Net Working Capital(76.8M)114.1M766M563.1M811.5M419.0M
Short Term Debt148.1M137.4M46.6M39.4M55.8M77.2M
Intangible Assets356.7M327.7M417.3M354M311.2M351.4M
Property Plant Equipment140.8M171.9M192.7M229.9M264.4M172.9M

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When determining whether Playtika Holding Corp 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 Playtika 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 Playtika Holding Corp Stock. Highlighted below are key reports to facilitate an investment decision about Playtika Holding Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtika Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Movies & Entertainment 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 Playtika Holding. If investors know Playtika 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 Playtika Holding 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
0.056
Dividend Share
0.3
Earnings Share
0.58
Revenue Per Share
6.847
Quarterly Revenue Growth
(0.01)
The market value of Playtika Holding Corp is measured differently than its book value, which is the value of Playtika that is recorded on the company's balance sheet. Investors also form their own opinion of Playtika Holding's value that differs from its market value or its book value, called intrinsic value, which is Playtika Holding'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 Playtika Holding's market value can be influenced by many factors that don't directly affect Playtika Holding'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 Playtika Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Playtika Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playtika Holding'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.