Playtika Intangible Assets vs Long Term Debt Total Analysis

PLTK Stock  USD 8.87  0.13  1.49%   
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 Intangible Assets and its Long Term Debt Total 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.

Intangible Assets vs Long Term Debt Total

Intangible Assets vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtika Holding Corp Intangible Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Playtika Holding's Intangible Assets and Long Term Debt Total is -0.39. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Long Term Debt Total 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 Intangible Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of Playtika Holding Corp are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Intangible Assets i.e., Playtika Holding's Intangible Assets and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Long Term Debt Total

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 Profit1.9B1.9B1.8B1.6B
Total Revenue2.6B2.6B2.6B2.3B

Playtika Holding fundamental ratios Correlations

-0.55-0.52-0.56-0.60.27-0.430.47-0.56-0.57-0.480.38-0.56-0.51-0.56-0.74-0.48-0.52-0.48-0.08-0.56-0.27-0.530.84-0.61-0.41
-0.550.880.830.65-0.530.77-0.760.960.990.78-0.730.880.970.990.770.420.890.96-0.240.990.580.9-0.620.720.9
-0.520.880.920.86-0.860.64-0.980.970.870.98-0.960.880.780.920.590.551.00.77-0.630.910.251.0-0.440.590.77
-0.560.830.920.94-0.750.4-0.870.890.780.87-0.890.690.810.830.450.680.920.81-0.550.830.090.9-0.330.440.86
-0.60.650.860.94-0.820.26-0.870.760.610.86-0.890.620.590.680.310.710.850.6-0.610.67-0.090.83-0.290.350.66
0.27-0.53-0.86-0.75-0.82-0.380.95-0.73-0.54-0.930.96-0.65-0.38-0.63-0.23-0.56-0.86-0.370.88-0.590.14-0.840.09-0.33-0.42
-0.430.770.640.40.26-0.38-0.550.750.860.58-0.450.850.670.820.860.250.640.62-0.030.810.70.68-0.750.930.44
0.47-0.76-0.98-0.87-0.870.95-0.55-0.9-0.77-1.00.99-0.82-0.63-0.83-0.48-0.57-0.97-0.620.74-0.8-0.11-0.970.34-0.51-0.64
-0.560.960.970.890.76-0.730.75-0.90.960.91-0.870.880.880.980.730.560.970.86-0.470.970.380.98-0.550.720.83
-0.570.990.870.780.61-0.540.86-0.770.960.79-0.710.910.930.990.830.430.880.91-0.220.990.610.9-0.690.810.82
-0.480.780.980.870.86-0.930.58-1.00.910.79-0.980.840.650.850.520.560.980.64-0.730.820.140.97-0.360.530.65
0.38-0.73-0.96-0.89-0.890.96-0.450.99-0.87-0.71-0.98-0.75-0.61-0.79-0.37-0.58-0.96-0.610.8-0.76-0.02-0.940.21-0.41-0.66
-0.560.880.880.690.62-0.650.85-0.820.880.910.84-0.750.770.920.750.260.880.75-0.290.920.640.9-0.70.740.65
-0.510.970.780.810.59-0.380.67-0.630.880.930.65-0.610.770.920.70.370.791.0-0.110.950.590.8-0.570.630.95
-0.560.990.920.830.68-0.630.82-0.830.980.990.85-0.790.920.920.790.450.930.91-0.331.00.540.95-0.630.760.84
-0.740.770.590.450.31-0.230.86-0.480.730.830.52-0.370.750.70.790.310.60.660.10.780.630.63-0.90.880.51
-0.480.420.550.680.71-0.560.25-0.570.560.430.56-0.580.260.370.450.310.550.34-0.430.42-0.360.54-0.220.510.34
-0.520.891.00.920.85-0.860.64-0.970.970.880.98-0.960.880.790.930.60.550.78-0.620.910.271.0-0.440.590.78
-0.480.960.770.810.6-0.370.62-0.620.860.910.64-0.610.751.00.910.660.340.78-0.120.930.580.79-0.530.580.97
-0.08-0.24-0.63-0.55-0.610.88-0.030.74-0.47-0.22-0.730.8-0.29-0.11-0.330.1-0.43-0.62-0.12-0.280.45-0.59-0.340.05-0.25
-0.560.990.910.830.67-0.590.81-0.80.970.990.82-0.760.920.951.00.780.420.910.93-0.280.580.93-0.640.750.86
-0.270.580.250.09-0.090.140.7-0.110.380.610.14-0.020.640.590.540.63-0.360.270.580.450.580.31-0.680.530.42
-0.530.91.00.90.83-0.840.68-0.970.980.90.97-0.940.90.80.950.630.541.00.79-0.590.930.31-0.480.630.78
0.84-0.62-0.44-0.33-0.290.09-0.750.34-0.55-0.69-0.360.21-0.7-0.57-0.63-0.9-0.22-0.44-0.53-0.34-0.64-0.68-0.48-0.83-0.35
-0.610.720.590.440.35-0.330.93-0.510.720.810.53-0.410.740.630.760.880.510.590.580.050.750.530.63-0.830.39
-0.410.90.770.860.66-0.420.44-0.640.830.820.65-0.660.650.950.840.510.340.780.97-0.250.860.420.78-0.350.39
Click cells to compare fundamentals

Playtika Holding Account Relationship Matchups

Playtika Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.8B2.8B2.7B3.2B2.4B
Short Long Term Debt Total2.5B2.4B2.5B2.5B2.5B2.3B
Other Current Liab332.3M463.5M463M346.6M392.3M410.8M
Total Current Liabilities553.9M640.4M569.7M461.8M539.6M586.8M
Total Stockholder Equity(1.6B)(1.2B)(377.7M)(568.6M)(221.5M)(232.6M)
Other Liab169.7M102.5M106.1M298.7M343.5M171.9M
Net Tangible Assets(2.4B)(2.1B)(1.6B)(1.7B)(1.6B)(1.6B)
Property Plant And Equipment Net140.8M171.9M192.7M229.9M220.2M184.5M
Current Deferred Revenue19.4M21.3M31.6M38.6M46M30.7M
Net Debt2.3B1.9B1.5B1.8B1.5B1.6B
Retained Earnings(1.8B)(1.7B)(1.4B)(1.1B)(907.6M)(953.0M)
Accounts Payable54.1M34.6M45.7M50.7M65M51.3M
Cash266.8M520.1M1.0B768.7M1.0B715.9M
Non Current Assets Total1.0B1.0B1.5B1.7B1.8B1.4B
Non Currrent Assets Other3.3M7.3M13.4M156.7M148.9M156.3M
Other Assets31.5M597M51.7M195.7M225.1M203.7M
Long Term Debt2.3B2.2B2.4B2.4B2.4B2.2B
Cash And Short Term Investments266.8M520.1M1.1B768.7M1.0B734.2M
Net Receivables125.7M129.3M143.7M141.1M171.5M160.1M
Good Will474.2M484.8M788.1M811.2M987.2M690.5M
Liabilities And Stockholders Equity1.5B1.8B2.8B2.7B3.2B2.4B
Non Current Liabilities Total2.5B2.4B2.6B2.8B2.9B2.4B
Capital Lease Obligations62.9M83.4M99.5M108M107.7M84.6M
Inventory17.2M21.3M22.7M1.7M(25.3M)(24.0M)
Other Current Assets67.4M83.8M52.2M113.4M135.4M94.8M
Total Liab3.1B3.0B3.2B3.3B3.4B3.0B
Net Invested Capital841.9M1.1B2.1B1.9B2.2B1.6B
Property Plant And Equipment Gross140.8M98M192.7M229.9M415.9M436.7M
Short Long Term Debt137.6M104.6M12.2M12.4M16.8M16.0M
Total Current Assets477.1M754.5M1.3B1.0B1.3B1.0B
Accumulated Other Comprehensive Income(2.9M)16.7M3.2M17.6M20.6M21.6M
Net Working Capital(76.8M)114.1M766M563.1M811.5M419.0M
Short Term Debt148.1M121M29.4M25.9M36.3M68.3M
Intangible Assets356.7M327.7M417.3M354M311.2M351.4M
Property Plant Equipment140.8M171.9M192.7M229.9M264.4M172.9M

Playtika Holding Investors Sentiment

The influence of Playtika Holding'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 Playtika. 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 Playtika Holding's public news can be used to forecast risks associated with an investment in Playtika. The trend in average sentiment can be used to explain how an investor holding Playtika can time the market purely based on public headlines and social activities around Playtika Holding Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Playtika Holding'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 Playtika Holding'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 Playtika Holding's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Playtika Holding.
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 Playtika Holding 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, Playtika Holding's short interest history, or implied volatility extrapolated from Playtika Holding options trading.

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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:
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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.