International Short Term Investments vs Other Stockholder Equity Analysis
IGT Stock | USD 20.73 0.18 0.88% |
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 Short Term Investments and its Other Stockholder Equity 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.
Short Term Investments vs Other Stockholder Equity
Short Term Investments vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Game Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between International Game's Short Term Investments and Other Stockholder Equity is 0.33. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Other Stockholder Equity 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 Short Term Investments and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of International Game Technology are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Short Term Investments i.e., International Game's Short Term Investments and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Short Term Investments
Short Term Investments is an item under the current assets section of International Game balance sheet. It contains any investments International Game Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that International Game can easily liquidate in the marketplace.Other Stockholder Equity
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
Click cells to compare fundamentals
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 |
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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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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 2.636 | Dividend Share 0.6 | Earnings Share 0.77 | Revenue Per Share 21.575 | Quarterly Revenue Growth 0.007 |
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.