International Retained Earnings vs Good Will 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 Retained Earnings and its Good Will 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.

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Game Retained Earnings account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between International Game's Retained Earnings and Good Will is -0.14. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Good Will 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 Retained Earnings and Good Will 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 International Game Technology are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Retained Earnings i.e., International Game's Retained Earnings and Good Will go up and down completely randomly.

Correlation Coefficient

-0.14

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

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

Interest Expense Depreciation And Amortization

International Game fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Other Stockholder Equity
Total Assets		0.95	0.78	0.7	0.31	0.9	0.5	0.94	-0.29	0.66	0.58	0.99	0.71	0.57	0.7	0.88	0.94	0.78	0.24	0.97	0.85	-0.06	0.79	-0.46	0.21	0.88
Short Long Term Debt Total	0.95		0.78	0.57	0.0	0.81	0.32	1.0	-0.53	0.44	0.61	0.93	0.83	0.6	0.51	0.87	0.99	0.65	0.4	0.99	0.85	-0.15	0.65	-0.68	0.44	0.78
Other Current Liab	0.78	0.78		0.76	-0.02	0.63	0.17	0.76	-0.52	0.35	0.66	0.76	0.74	0.65	0.48	0.73	0.77	0.7	0.09	0.84	0.71	0.16	0.48	-0.56	0.43	0.68
Total Current Liabilities	0.7	0.57	0.76		0.34	0.74	0.48	0.53	-0.13	0.79	0.65	0.66	0.49	0.65	0.67	0.65	0.49	0.54	0.05	0.64	0.75	0.6	0.39	-0.02	0.09	0.66
Total Stockholder Equity	0.31	0.0	-0.02	0.34		0.38	0.6	0.02	0.73	0.66	-0.12	0.36	-0.26	-0.1	0.58	0.12	0.01	0.42	-0.33	0.08	0.05	0.1	0.6	0.5	-0.72	0.43
Property Plant And Equipment Net	0.9	0.81	0.63	0.74	0.38		0.62	0.8	-0.21	0.79	0.54	0.88	0.6	0.54	0.78	0.88	0.77	0.69	0.21	0.84	0.82	0.12	0.65	-0.16	0.13	0.87
Current Deferred Revenue	0.5	0.32	0.17	0.48	0.6	0.62		0.3	0.14	0.79	0.36	0.47	0.02	0.37	0.64	0.54	0.29	0.46	-0.02	0.36	0.55	0.03	0.44	0.31	-0.32	0.67
Net Debt	0.94	1.0	0.76	0.53	0.02	0.8	0.3		-0.52	0.42	0.54	0.93	0.83	0.53	0.5	0.86	0.99	0.65	0.41	0.99	0.81	-0.18	0.66	-0.69	0.42	0.77
Retained Earnings	-0.29	-0.53	-0.52	-0.13	0.73	-0.21	0.14	-0.52		0.2	-0.44	-0.24	-0.59	-0.43	0.02	-0.53	-0.52	-0.13	-0.33	-0.49	-0.46	0.16	0.18	0.72	-0.89	-0.28
Accounts Payable	0.66	0.44	0.35	0.79	0.66	0.79	0.79	0.42	0.2		0.43	0.62	0.23	0.44	0.79	0.59	0.38	0.5	0.03	0.5	0.68	0.34	0.5	0.28	-0.22	0.67
Cash	0.58	0.61	0.66	0.65	-0.12	0.54	0.36	0.54	-0.44	0.43		0.49	0.47	1.0	0.44	0.58	0.56	0.34	0.16	0.63	0.85	0.23	0.26	-0.3	0.43	0.51
Non Current Assets Total	0.99	0.93	0.76	0.66	0.36	0.88	0.47	0.93	-0.24	0.62	0.49		0.69	0.48	0.69	0.85	0.93	0.8	0.21	0.95	0.77	-0.11	0.83	-0.47	0.17	0.88
Non Currrent Assets Other	0.71	0.83	0.74	0.49	-0.26	0.6	0.02	0.83	-0.59	0.23	0.47	0.69		0.46	0.24	0.6	0.8	0.34	0.57	0.81	0.66	0.03	0.26	-0.64	0.45	0.5
Cash And Short Term Investments	0.57	0.6	0.65	0.65	-0.1	0.54	0.37	0.53	-0.43	0.44	1.0	0.48	0.46		0.45	0.58	0.55	0.34	0.14	0.62	0.85	0.24	0.26	-0.28	0.42	0.52
Net Receivables	0.7	0.51	0.48	0.67	0.58	0.78	0.64	0.5	0.02	0.79	0.44	0.69	0.24	0.45		0.66	0.49	0.71	-0.34	0.58	0.61	0.1	0.59	0.12	-0.02	0.79
Common Stock Shares Outstanding	0.88	0.87	0.73	0.65	0.12	0.88	0.54	0.86	-0.53	0.59	0.58	0.85	0.6	0.58	0.66		0.85	0.75	0.25	0.88	0.84	-0.05	0.57	-0.44	0.43	0.87
Non Current Liabilities Total	0.94	0.99	0.77	0.49	0.01	0.77	0.29	0.99	-0.52	0.38	0.56	0.93	0.8	0.55	0.49	0.85		0.68	0.36	0.98	0.8	-0.26	0.69	-0.71	0.44	0.77
Inventory	0.78	0.65	0.7	0.54	0.42	0.69	0.46	0.65	-0.13	0.5	0.34	0.8	0.34	0.34	0.71	0.75	0.68		-0.2	0.72	0.54	-0.19	0.79	-0.3	0.1	0.75
Other Current Assets	0.24	0.4	0.09	0.05	-0.33	0.21	-0.02	0.41	-0.33	0.03	0.16	0.21	0.57	0.14	-0.34	0.25	0.36	-0.2		0.33	0.34	-0.01	-0.08	-0.42	0.22	0.06
Total Liab	0.97	0.99	0.84	0.64	0.08	0.84	0.36	0.99	-0.49	0.5	0.63	0.95	0.81	0.62	0.58	0.88	0.98	0.72	0.33		0.86	-0.1	0.69	-0.63	0.4	0.81
Total Current Assets	0.85	0.85	0.71	0.75	0.05	0.82	0.55	0.81	-0.46	0.68	0.85	0.77	0.66	0.85	0.61	0.84	0.8	0.54	0.34	0.86		0.13	0.47	-0.37	0.37	0.75
Short Term Debt	-0.06	-0.15	0.16	0.6	0.1	0.12	0.03	-0.18	0.16	0.34	0.23	-0.11	0.03	0.24	0.1	-0.05	-0.26	-0.19	-0.01	-0.1	0.13		-0.26	0.42	-0.16	-0.08
Intangible Assets	0.79	0.65	0.48	0.39	0.6	0.65	0.44	0.66	0.18	0.5	0.26	0.83	0.26	0.26	0.59	0.57	0.69	0.79	-0.08	0.69	0.47	-0.26		-0.26	-0.17	0.66
Common Stock	-0.46	-0.68	-0.56	-0.02	0.5	-0.16	0.31	-0.69	0.72	0.28	-0.3	-0.47	-0.64	-0.28	0.12	-0.44	-0.71	-0.3	-0.42	-0.63	-0.37	0.42	-0.26		-0.72	-0.27
Short Term Investments	0.21	0.44	0.43	0.09	-0.72	0.13	-0.32	0.42	-0.89	-0.22	0.43	0.17	0.45	0.42	-0.02	0.43	0.44	0.1	0.22	0.4	0.37	-0.16	-0.17	-0.72		0.15
Other Stockholder Equity	0.88	0.78	0.68	0.66	0.43	0.87	0.67	0.77	-0.28	0.67	0.51	0.88	0.5	0.52	0.79	0.87	0.77	0.75	0.06	0.81	0.75	-0.08	0.66	-0.27	0.15

Click cells to compare fundamentals

International Game Account Relationship Matchups

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	2.4B
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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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:

How To Invest In International

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Is International Stock a good investment?

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What is International Game's Net Worth?

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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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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.

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International Retained Earnings vs Good Will Analysis

Retained Earnings vs Good Will

Retained Earnings vs Good Will Correlation Analysis

Correlation Coefficient

Retained Earnings

Good Will

International Game fundamental ratios Correlations

International Game Account Relationship Matchups

High Positive Relationship

High Negative Relationship

International Game fundamental ratios Accounts

International Game Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for International Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Net Debt

Short Term Investments	- 0.89	Retained Earnings
Short Term Investments	- 0.72	Common Stock
Short Term Investments	- 0.72	Total Stockholder Equity
Common Stock	- 0.71	Non Current Liabilities Total
Common Stock	- 0.69	Net Debt
Common Stock	- 0.68	Short Long Term Debt Total