International Capital Surpluse vs Other Liab Analysis

IGT Stock  USD 20.30  0.04  0.20%   
International Game financial indicator trend analysis is infinitely more than just investigating International Game recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Game is a good investment. Please check the relationship between International Game Capital Surpluse and its Other Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Capital Surpluse vs Other Liab

Capital Surpluse vs Other Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Game Capital Surpluse account and Other Liab. At this time, the significance of the direction appears to have almost identical trend.
The correlation between International Game's Capital Surpluse and Other Liab is 0.95. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Other Liab in the same time period over historical financial statements of International Game Technology, assuming nothing else is changed. The correlation between historical values of International Game's Capital Surpluse and Other Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of International Game Technology are associated (or correlated) with its Other Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Liab has no effect on the direction of Capital Surpluse i.e., International Game's Capital Surpluse and Other Liab go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Capital Surpluse

Other Liab

Most indicators from International Game's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Game 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
At this time, International Game's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 9.59 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense341M304M311M283.0M
Depreciation And Amortization650M732M523M579.4M

International Game fundamental ratios Correlations

0.950.780.70.310.90.50.94-0.290.660.580.990.710.570.70.880.940.780.240.970.85-0.060.79-0.460.210.88
0.950.780.570.00.810.321.0-0.530.440.610.930.830.60.510.870.990.650.40.990.85-0.150.65-0.680.440.78
0.780.780.76-0.020.630.170.76-0.520.350.660.760.740.650.480.730.770.70.090.840.710.160.48-0.560.430.68
0.70.570.760.340.740.480.53-0.130.790.650.660.490.650.670.650.490.540.050.640.750.60.39-0.020.090.66
0.310.0-0.020.340.380.60.020.730.66-0.120.36-0.26-0.10.580.120.010.42-0.330.080.050.10.60.5-0.720.43
0.90.810.630.740.380.620.8-0.210.790.540.880.60.540.780.880.770.690.210.840.820.120.65-0.160.130.87
0.50.320.170.480.60.620.30.140.790.360.470.020.370.640.540.290.46-0.020.360.550.030.440.31-0.320.67
0.941.00.760.530.020.80.3-0.520.420.540.930.830.530.50.860.990.650.410.990.81-0.180.66-0.690.420.77
-0.29-0.53-0.52-0.130.73-0.210.14-0.520.2-0.44-0.24-0.59-0.430.02-0.53-0.52-0.13-0.33-0.49-0.460.160.180.72-0.89-0.28
0.660.440.350.790.660.790.790.420.20.430.620.230.440.790.590.380.50.030.50.680.340.50.28-0.220.67
0.580.610.660.65-0.120.540.360.54-0.440.430.490.471.00.440.580.560.340.160.630.850.230.26-0.30.430.51
0.990.930.760.660.360.880.470.93-0.240.620.490.690.480.690.850.930.80.210.950.77-0.110.83-0.470.170.88
0.710.830.740.49-0.260.60.020.83-0.590.230.470.690.460.240.60.80.340.570.810.660.030.26-0.640.450.5
0.570.60.650.65-0.10.540.370.53-0.430.441.00.480.460.450.580.550.340.140.620.850.240.26-0.280.420.52
0.70.510.480.670.580.780.640.50.020.790.440.690.240.450.660.490.71-0.340.580.610.10.590.12-0.020.79
0.880.870.730.650.120.880.540.86-0.530.590.580.850.60.580.660.850.750.250.880.84-0.050.57-0.440.430.87
0.940.990.770.490.010.770.290.99-0.520.380.560.930.80.550.490.850.680.360.980.8-0.260.69-0.710.440.77
0.780.650.70.540.420.690.460.65-0.130.50.340.80.340.340.710.750.68-0.20.720.54-0.190.79-0.30.10.75
0.240.40.090.05-0.330.21-0.020.41-0.330.030.160.210.570.14-0.340.250.36-0.20.330.34-0.01-0.08-0.420.220.06
0.970.990.840.640.080.840.360.99-0.490.50.630.950.810.620.580.880.980.720.330.86-0.10.69-0.630.40.81
0.850.850.710.750.050.820.550.81-0.460.680.850.770.660.850.610.840.80.540.340.860.130.47-0.370.370.75
-0.06-0.150.160.60.10.120.03-0.180.160.340.23-0.110.030.240.1-0.05-0.26-0.19-0.01-0.10.13-0.260.42-0.16-0.08
0.790.650.480.390.60.650.440.660.180.50.260.830.260.260.590.570.690.79-0.080.690.47-0.26-0.26-0.170.66
-0.46-0.68-0.56-0.020.5-0.160.31-0.690.720.28-0.3-0.47-0.64-0.280.12-0.44-0.71-0.3-0.42-0.63-0.370.42-0.26-0.72-0.27
0.210.440.430.09-0.720.13-0.320.42-0.89-0.220.430.170.450.42-0.020.430.440.10.220.40.37-0.16-0.17-0.720.15
0.880.780.680.660.430.870.670.77-0.280.670.510.880.50.520.790.870.770.750.060.810.75-0.080.66-0.270.15
Click cells to compare fundamentals

International Game Account Relationship Matchups

International Game fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.6B13.0B11.3B10.4B10.5B10.2B
Short Long Term Debt Total8.4B8.5B6.8B6.1B5.9B5.2B
Other Current Liab814.3M988.3M724M1.1B771M697.3M
Total Current Liabilities2.5B2.6B1.9B1.9B1.7B2.1B
Total Stockholder Equity1.9B776.7M1.3B1.4B1.4B2.2B
Property Plant And Equipment Net1.8B1.5B1.3B1.2B1.3B1.1B
Current Deferred Revenue67.8M107.5M104M91M69M80.9M
Net Debt7.7B7.6B6.2B5.5B5.4B4.7B
Retained Earnings(1.0B)(1.9B)(1.4B)(2.1B)(1.0B)(957.6M)
Accounts Payable1.1B1.1B1.0B647M797M1.0B
Cash662.9M907.0M591M590M572M519.1M
Non Current Assets Total11.0B9.6B8.8B8.4B8.3B8.1B
Non Currrent Assets Other1.9B1.8B1.4B986M59M56.1M
Cash And Short Term Investments662.9M907.0M591M590M572M532.3M
Net Receivables1.0B846.1M903M1.0B965M1.0B
Common Stock Shares Outstanding204.4M204.7M206.8M203.4M203M182.3M
Liabilities And Stockholders Equity13.9B13.0B11.3B10.4B10.5B10.2B
Non Current Liabilities Total8.7B8.8B7.4B6.7B6.8B5.6B
Inventory161.8M169.2M183M254M317M198.6M
Other Current Assets571.9M479.6M589M34M30M28.5M
Total Liab11.2B11.4B9.4B8.6B8.5B7.7B
Total Current Assets2.6B3.4B2.5B2.0B2.1B2.1B
Accumulated Other Comprehensive Income262.5M329.8M412M502M521M448.1M
Short Term Debt465.3M393.2M52M108M56M53.2M
Intangible Assets1.8B1.6B1.4B1.4B2.3B1.7B
Common Stock20.4M20.4M20.5M21M18.9M18.0M
Other Stockholder Equity2.6B2.3B2.3B2.9B1.9B2.4B
Good Will5.5B4.7B4.7B4.6B4.5B5.1B
Other Assets1.1B294.5M(3M)3M(1M)(950K)
Long Term Debt7.6B7.9B6.5B5.7B5.7B5.7B
Long Term Debt Total7.6B7.9B6.5B5.7B5.1B5.9B
Capital Surpluse2.4B2.3B2.3B2.2B2.0B2.0B
Cash And Equivalents662.9M907.0M591M590M678.5M684.1M
Property Plant Equipment1.7B1.5B1.4B1.3B1.2B1.2B
Other Liab782.5M662.1M664M655M589.5M598.2M
Net Tangible Assets(6.6B)(7.0B)(5.9B)(5.3B)(6.1B)(6.4B)
Capital Lease Obligations397.5M341.3M269M298M254M263.7M
Net Invested Capital9.7B9.0B7.8B7.2B7.1B7.0B
Short Long Term Debt465.3M393.2M52M61M16M15.2M

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When determining whether International Game 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 International 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 International Game Technology Stock. Highlighted below are key reports to facilitate an investment decision about International Game Technology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Game Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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Is International Game's industry 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 International Game. If investors know International 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 International Game 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
(0.65)
Dividend Share
0.8
Earnings Share
0.77
Revenue Per Share
21.545
Quarterly Revenue Growth
0.035
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game'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 International Game's market value can be influenced by many factors that don't directly affect International Game'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 International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game'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.