Playtika Net Receivables vs Total Current Liabilities 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 Net Receivables and its Total Current Liabilities 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.
Net Receivables vs Total Current Liabilities
Net Receivables vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtika Holding Corp Net Receivables account and Total Current Liabilities. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Playtika Holding's Net Receivables and Total Current Liabilities is -0.61. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Liabilities 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 Net Receivables and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Playtika Holding Corp are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Net Receivables i.e., Playtika Holding's Net Receivables and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Receivables
Total Current Liabilities
Total Current Liabilities is an item on Playtika Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Playtika Holding Corp 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.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 Profit | 1.9B | 1.9B | 1.8B | 1.6B | Total Revenue | 2.6B | 2.6B | 2.6B | 2.3B |
Playtika Holding fundamental ratios Correlations
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Playtika Holding Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Playtika Holding fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.8B | 2.8B | 2.7B | 3.2B | 2.4B | |
Short Long Term Debt Total | 2.5B | 2.4B | 2.5B | 2.5B | 2.5B | 2.3B | |
Other Current Liab | 332.3M | 316.6M | 283.3M | 308.2M | 337.4M | 333.9M | |
Total Current Liabilities | 553.9M | 640.4M | 569.7M | 461.8M | 539.6M | 586.8M | |
Total Stockholder Equity | (1.6B) | (1.2B) | (377.7M) | (568.6M) | (221.5M) | (232.6M) | |
Other Liab | 169.7M | 102.5M | 106.1M | 298.7M | 343.5M | 171.9M | |
Net Tangible Assets | (2.4B) | (2.1B) | (1.6B) | (1.7B) | (1.6B) | (1.6B) | |
Property Plant And Equipment Net | 140.8M | 171.9M | 192.7M | 229.9M | 220.2M | 184.5M | |
Current Deferred Revenue | 19.4M | 21.3M | 31.6M | 38.6M | 46M | 30.7M | |
Net Debt | 2.3B | 1.9B | 1.5B | 1.8B | 1.5B | 1.6B | |
Retained Earnings | (1.8B) | (1.7B) | (1.4B) | (1.1B) | (907.6M) | (953.0M) | |
Accounts Payable | 54.1M | 34.6M | 45.7M | 50.7M | 65M | 51.3M | |
Cash | 266.8M | 520.1M | 1.0B | 768.7M | 1.0B | 715.5M | |
Non Current Assets Total | 1.0B | 1.0B | 1.5B | 1.7B | 1.8B | 1.4B | |
Non Currrent Assets Other | 3.3M | 7.3M | 13.4M | 156.7M | 136.4M | 143.2M | |
Other Assets | 31.5M | 597M | 51.7M | 195.7M | 225.1M | 203.7M | |
Long Term Debt | 2.3B | 2.2B | 2.4B | 2.4B | 2.4B | 2.2B | |
Cash And Short Term Investments | 266.8M | 520.1M | 1.1B | 768.7M | 1.0B | 733.9M | |
Net Receivables | 125.7M | 129.3M | 143.7M | 141.1M | 171.5M | 160.1M | |
Good Will | 474.2M | 484.8M | 788.1M | 811.2M | 987.2M | 690.5M | |
Liabilities And Stockholders Equity | 1.5B | 1.8B | 2.8B | 2.7B | 3.2B | 2.4B | |
Non Current Liabilities Total | 2.5B | 2.4B | 2.6B | 2.8B | 2.9B | 2.4B | |
Capital Lease Obligations | 62.9M | 83.4M | 99.5M | 108M | 107.7M | 84.6M | |
Inventory | 17.2M | 21.3M | 22.7M | 1.7M | (25.3M) | (24.0M) | |
Other Current Assets | 67.4M | 105.1M | 74.9M | 115.1M | 149.9M | 105.9M | |
Total Liab | 3.1B | 3.0B | 3.2B | 3.3B | 3.4B | 3.0B | |
Net Invested Capital | 841.9M | 1.1B | 2.1B | 1.9B | 2.2B | 1.6B | |
Property Plant And Equipment Gross | 140.8M | 98M | 192.7M | 229.9M | 415.9M | 436.7M | |
Short Long Term Debt | 137.6M | 104.6M | 12.2M | 12.4M | 16.8M | 16.0M | |
Total Current Assets | 477.1M | 754.5M | 1.3B | 1.0B | 1.4B | 1.0B | |
Accumulated Other Comprehensive Income | (2.9M) | 16.7M | 3.2M | 17.6M | 20.6M | 21.6M | |
Net Working Capital | (76.8M) | 114.1M | 766M | 563.1M | 811.5M | 419.0M | |
Short Term Debt | 148.1M | 137.4M | 46.6M | 39.4M | 55.8M | 77.2M | |
Intangible Assets | 356.7M | 327.7M | 417.3M | 354M | 311.2M | 351.4M | |
Property Plant Equipment | 140.8M | 171.9M | 192.7M | 229.9M | 264.4M | 172.9M |
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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.