Playtika Cash And Short Term Investments vs Other Current Assets Analysis

PLTK Stock

USD 8.74 0.02 0.23%

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 Cash And Short Term Investments and its Other Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtika Holding Corp Cash And Short Term Investments account and Other Current Assets. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Playtika Holding's Cash And Short Term Investments and Other Current Assets is 0.58. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Current Assets 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 Cash And Short Term Investments and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Playtika Holding Corp are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Cash And Short Term Investments i.e., Playtika Holding's Cash And Short Term Investments and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.58

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Playtika Holding Corp balance sheet. This account contains Playtika Holding investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Playtika Holding Corp fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

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 tightly coupled 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

Gross Profit Total Revenue

Playtika Holding fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity
Common Stock Shares Outstanding		-0.55	-0.52	-0.56	-0.6	0.27	-0.43	0.47	-0.56	-0.57	-0.48	0.38	-0.56	-0.51	-0.56	-0.74	-0.48	-0.52	-0.48	-0.08	-0.56	-0.27	-0.53	0.84	-0.61	-0.41
Total Assets	-0.55		0.88	0.83	0.65	-0.53	0.77	-0.76	0.96	0.99	0.78	-0.73	0.88	0.97	0.99	0.77	0.42	0.89	0.96	-0.24	0.99	0.58	0.9	-0.62	0.72	0.9
Short Long Term Debt Total	-0.52	0.88		0.92	0.86	-0.86	0.64	-0.98	0.97	0.87	0.98	-0.96	0.88	0.78	0.92	0.59	0.55	1.0	0.77	-0.63	0.91	0.25	1.0	-0.44	0.59	0.77
Other Current Liab	-0.56	0.83	0.92		0.94	-0.75	0.4	-0.87	0.89	0.78	0.87	-0.89	0.69	0.81	0.83	0.45	0.68	0.92	0.81	-0.55	0.83	0.09	0.9	-0.33	0.44	0.86
Total Current Liabilities	-0.6	0.65	0.86	0.94		-0.82	0.26	-0.87	0.76	0.61	0.86	-0.89	0.62	0.59	0.68	0.31	0.71	0.85	0.6	-0.61	0.67	-0.09	0.83	-0.29	0.35	0.66
Total Stockholder Equity	0.27	-0.53	-0.86	-0.75	-0.82		-0.38	0.95	-0.73	-0.54	-0.93	0.96	-0.65	-0.38	-0.63	-0.23	-0.56	-0.86	-0.37	0.88	-0.59	0.14	-0.84	0.09	-0.33	-0.42
Other Liab	-0.43	0.77	0.64	0.4	0.26	-0.38		-0.55	0.75	0.86	0.58	-0.45	0.85	0.67	0.82	0.86	0.25	0.64	0.62	-0.03	0.81	0.7	0.68	-0.75	0.93	0.44
Net Tangible Assets	0.47	-0.76	-0.98	-0.87	-0.87	0.95	-0.55		-0.9	-0.77	-1.0	0.99	-0.82	-0.63	-0.83	-0.48	-0.57	-0.97	-0.62	0.74	-0.8	-0.11	-0.97	0.34	-0.51	-0.64
Property Plant And Equipment Net	-0.56	0.96	0.97	0.89	0.76	-0.73	0.75	-0.9		0.96	0.91	-0.87	0.88	0.88	0.98	0.73	0.56	0.97	0.86	-0.47	0.97	0.38	0.98	-0.55	0.72	0.83
Current Deferred Revenue	-0.57	0.99	0.87	0.78	0.61	-0.54	0.86	-0.77	0.96		0.79	-0.71	0.91	0.93	0.99	0.83	0.43	0.88	0.91	-0.22	0.99	0.61	0.9	-0.69	0.81	0.82
Net Debt	-0.48	0.78	0.98	0.87	0.86	-0.93	0.58	-1.0	0.91	0.79		-0.98	0.84	0.65	0.85	0.52	0.56	0.98	0.64	-0.73	0.82	0.14	0.97	-0.36	0.53	0.65
Retained Earnings	0.38	-0.73	-0.96	-0.89	-0.89	0.96	-0.45	0.99	-0.87	-0.71	-0.98		-0.75	-0.61	-0.79	-0.37	-0.58	-0.96	-0.61	0.8	-0.76	-0.02	-0.94	0.21	-0.41	-0.66
Accounts Payable	-0.56	0.88	0.88	0.69	0.62	-0.65	0.85	-0.82	0.88	0.91	0.84	-0.75		0.77	0.92	0.75	0.26	0.88	0.75	-0.29	0.92	0.64	0.9	-0.7	0.74	0.65
Cash	-0.51	0.97	0.78	0.81	0.59	-0.38	0.67	-0.63	0.88	0.93	0.65	-0.61	0.77		0.92	0.7	0.37	0.79	1.0	-0.11	0.95	0.59	0.8	-0.57	0.63	0.95
Non Current Assets Total	-0.56	0.99	0.92	0.83	0.68	-0.63	0.82	-0.83	0.98	0.99	0.85	-0.79	0.92	0.92		0.79	0.45	0.93	0.91	-0.33	1.0	0.54	0.95	-0.63	0.76	0.84
Non Currrent Assets Other	-0.74	0.77	0.59	0.45	0.31	-0.23	0.86	-0.48	0.73	0.83	0.52	-0.37	0.75	0.7	0.79		0.31	0.6	0.66	0.1	0.78	0.63	0.63	-0.9	0.88	0.51
Other Assets	-0.48	0.42	0.55	0.68	0.71	-0.56	0.25	-0.57	0.56	0.43	0.56	-0.58	0.26	0.37	0.45	0.31		0.55	0.34	-0.43	0.42	-0.36	0.54	-0.22	0.51	0.34
Long Term Debt	-0.52	0.89	1.0	0.92	0.85	-0.86	0.64	-0.97	0.97	0.88	0.98	-0.96	0.88	0.79	0.93	0.6	0.55		0.78	-0.62	0.91	0.27	1.0	-0.44	0.59	0.78
Cash And Short Term Investments	-0.48	0.96	0.77	0.81	0.6	-0.37	0.62	-0.62	0.86	0.91	0.64	-0.61	0.75	1.0	0.91	0.66	0.34	0.78		-0.12	0.93	0.58	0.79	-0.53	0.58	0.97
Net Receivables	-0.08	-0.24	-0.63	-0.55	-0.61	0.88	-0.03	0.74	-0.47	-0.22	-0.73	0.8	-0.29	-0.11	-0.33	0.1	-0.43	-0.62	-0.12		-0.28	0.45	-0.59	-0.34	0.05	-0.25
Good Will	-0.56	0.99	0.91	0.83	0.67	-0.59	0.81	-0.8	0.97	0.99	0.82	-0.76	0.92	0.95	1.0	0.78	0.42	0.91	0.93	-0.28		0.58	0.93	-0.64	0.75	0.86
Common Stock Total Equity	-0.27	0.58	0.25	0.09	-0.09	0.14	0.7	-0.11	0.38	0.61	0.14	-0.02	0.64	0.59	0.54	0.63	-0.36	0.27	0.58	0.45	0.58		0.31	-0.68	0.53	0.42
Non Current Liabilities Total	-0.53	0.9	1.0	0.9	0.83	-0.84	0.68	-0.97	0.98	0.9	0.97	-0.94	0.9	0.8	0.95	0.63	0.54	1.0	0.79	-0.59	0.93	0.31		-0.48	0.63	0.78
Inventory	0.84	-0.62	-0.44	-0.33	-0.29	0.09	-0.75	0.34	-0.55	-0.69	-0.36	0.21	-0.7	-0.57	-0.63	-0.9	-0.22	-0.44	-0.53	-0.34	-0.64	-0.68	-0.48		-0.83	-0.35
Other Current Assets	-0.61	0.72	0.59	0.44	0.35	-0.33	0.93	-0.51	0.72	0.81	0.53	-0.41	0.74	0.63	0.76	0.88	0.51	0.59	0.58	0.05	0.75	0.53	0.63	-0.83		0.39
Other Stockholder Equity	-0.41	0.9	0.77	0.86	0.66	-0.42	0.44	-0.64	0.83	0.82	0.65	-0.66	0.65	0.95	0.84	0.51	0.34	0.78	0.97	-0.25	0.86	0.42	0.78	-0.35	0.39

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Playtika Holding Account Relationship Matchups

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	463.5M	463M	346.6M	392.3M	410.8M
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	715.9M
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	148.9M	156.3M
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	734.2M
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	83.8M	52.2M	113.4M	135.4M	94.8M
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	1.3B	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	121M	29.4M	25.9M	36.3M	68.3M
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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When determining whether Playtika Holding Corp 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 Playtika 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 Playtika Holding Corp Stock. Highlighted below are key reports to facilitate an investment decision about Playtika Holding Corp Stock:

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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Playtika Holding's price analysis, check to measure Playtika Holding'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 Playtika Holding is operating at the current time. Most of Playtika Holding's value examination focuses on studying past and present price action to predict the probability of Playtika Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playtika Holding's price. Additionally, you may evaluate how the addition of Playtika Holding to your portfolios can decrease your overall portfolio volatility.

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Is Playtika Holding'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 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

(0.39)

Dividend Share

0.1

Earnings Share

0.55

Revenue Per Share

6.966

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.

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Playtika Cash And Short Term Investments vs Other Current Assets Analysis

Cash And Short Term Investments vs Other Current Assets

Cash And Short Term Investments vs Other Current Assets Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Other Current Assets

Playtika Holding fundamental ratios Correlations

Playtika Holding Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Playtika Holding fundamental ratios Accounts

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Build Optimal Portfolios

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Complementary Tools for Playtika Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Long Term Debt
Current Deferred Revenue	+ 0.99	Total Assets

Net Debt	- 1.0	Net Tangible Assets
Retained Earnings	- 0.98	Net Debt
Net Tangible Assets	- 0.98	Short Long Term Debt Total
Non Current Liabilities Total	- 0.97	Net Tangible Assets
Long Term Debt	- 0.97	Net Tangible Assets
Long Term Debt	- 0.96	Retained Earnings