International Current Deferred Revenue vs Capex To Revenue Analysis
IGT Stock | USD 20.22 0.40 2.02% |
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 Current Deferred Revenue and its Capex To Revenue 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.
Current Deferred Revenue vs Capex To Revenue
Current Deferred Revenue vs Capex To Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Game Current Deferred Revenue account and Capex To Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between International Game's Current Deferred Revenue and Capex To Revenue is 0.78. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Capex To Revenue 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 Current Deferred Revenue and Capex To Revenue 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 International Game Technology are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Current Deferred Revenue i.e., International Game's Current Deferred Revenue and Capex To Revenue go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
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.Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.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 Expense | 341M | 304M | 311M | 283.0M | Depreciation And Amortization | 650M | 732M | 523M | 579.4M |
International Game fundamental ratios Correlations
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International Game Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Game fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 13.6B | 13.0B | 11.3B | 10.4B | 10.5B | 10.2B | |
Short Long Term Debt Total | 8.4B | 8.5B | 6.8B | 6.1B | 5.9B | 5.2B | |
Other Current Liab | 814.3M | 988.3M | 724M | 1.1B | 771M | 697.3M | |
Total Current Liabilities | 2.5B | 2.6B | 1.9B | 1.9B | 1.7B | 2.1B | |
Total Stockholder Equity | 1.9B | 776.7M | 1.3B | 1.4B | 1.4B | 2.2B | |
Property Plant And Equipment Net | 1.8B | 1.5B | 1.3B | 1.2B | 1.3B | 1.1B | |
Current Deferred Revenue | 67.8M | 107.5M | 104M | 91M | 69M | 80.9M | |
Net Debt | 7.7B | 7.6B | 6.2B | 5.5B | 5.4B | 4.7B | |
Retained Earnings | (1.0B) | (1.9B) | (1.4B) | (2.1B) | (1.0B) | (957.6M) | |
Accounts Payable | 1.1B | 1.1B | 1.0B | 647M | 797M | 1.0B | |
Cash | 662.9M | 907.0M | 591M | 590M | 572M | 519.1M | |
Non Current Assets Total | 11.0B | 9.6B | 8.8B | 8.4B | 8.3B | 8.1B | |
Non Currrent Assets Other | 1.9B | 1.8B | 1.4B | 986M | 59M | 56.1M | |
Cash And Short Term Investments | 662.9M | 907.0M | 591M | 590M | 572M | 532.3M | |
Net Receivables | 1.0B | 846.1M | 903M | 1.0B | 965M | 1.0B | |
Common Stock Shares Outstanding | 204.4M | 204.7M | 206.8M | 203.4M | 203M | 182.3M | |
Liabilities And Stockholders Equity | 13.9B | 13.0B | 11.3B | 10.4B | 10.5B | 10.2B | |
Non Current Liabilities Total | 8.7B | 8.8B | 7.4B | 6.7B | 6.8B | 5.6B | |
Inventory | 161.8M | 169.2M | 183M | 254M | 317M | 198.6M | |
Other Current Assets | 571.9M | 479.6M | 589M | 34M | 30M | 28.5M | |
Total Liab | 11.2B | 11.4B | 9.4B | 8.6B | 8.5B | 7.7B | |
Total Current Assets | 2.6B | 3.4B | 2.5B | 2.0B | 2.1B | 2.1B | |
Accumulated Other Comprehensive Income | 262.5M | 329.8M | 412M | 502M | 521M | 448.1M | |
Short Term Debt | 465.3M | 393.2M | 52M | 108M | 56M | 53.2M | |
Intangible Assets | 1.8B | 1.6B | 1.4B | 1.4B | 2.3B | 1.7B | |
Common Stock | 20.4M | 20.4M | 20.5M | 21M | 18.9M | 18.0M | |
Other Stockholder Equity | 2.6B | 2.3B | 2.3B | 2.9B | 1.9B | 2.3B | |
Good Will | 5.5B | 4.7B | 4.7B | 4.6B | 4.5B | 5.1B | |
Other Assets | 1.1B | 294.5M | (3M) | 3M | (1M) | (950K) | |
Long Term Debt | 7.6B | 7.9B | 6.5B | 5.7B | 5.7B | 5.7B | |
Long Term Debt Total | 7.6B | 7.9B | 6.5B | 5.7B | 5.1B | 5.9B | |
Capital Surpluse | 2.4B | 2.3B | 2.3B | 2.2B | 2.0B | 2.0B | |
Cash And Equivalents | 662.9M | 907.0M | 591M | 590M | 678.5M | 684.1M | |
Property Plant Equipment | 1.7B | 1.5B | 1.4B | 1.3B | 1.2B | 1.2B | |
Other Liab | 782.5M | 662.1M | 664M | 655M | 589.5M | 598.2M | |
Net Tangible Assets | (6.6B) | (7.0B) | (5.9B) | (5.3B) | (6.1B) | (6.4B) | |
Capital Lease Obligations | 397.5M | 341.3M | 269M | 298M | 254M | 263.7M | |
Net Invested Capital | 9.7B | 9.0B | 7.8B | 7.2B | 7.1B | 7.0B | |
Short Long Term Debt | 465.3M | 393.2M | 52M | 61M | 16M | 15.2M |
International Game Investors Sentiment
The influence of International Game's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in International. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to International Game's public news can be used to forecast risks associated with an investment in International. The trend in average sentiment can be used to explain how an investor holding International can time the market purely based on public headlines and social activities around International Game Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
International Game's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for International Game's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average International Game's news discussions. The higher the estimated score, the more favorable is the investor's outlook on International Game.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards International Game in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, International Game's short interest history, or implied volatility extrapolated from International Game options trading.
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Try AI Portfolio ArchitectCheck 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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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.