Take Cash vs Total Current Assets Analysis
TTWO Stock | USD 156.79 2.19 1.42% |
Take Two financial indicator trend analysis is much more than just breaking down Take Two Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Take Two Interactive is a good investment. Please check the relationship between Take Two Cash and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Cash vs Total Current Assets
Cash vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Cash account and Total Current Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Take Two's Cash and Total Current Assets is 0.92. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Take Two Interactive Software, assuming nothing else is changed. The correlation between historical values of Take Two's Cash and Total 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 of Take Two Interactive Software are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Cash i.e., Take Two's Cash and Total Current Assets go up and down completely randomly.
Correlation Coefficient | 0.92 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cash
Cash refers to the most liquid asset of Take Two Interactive, which is listed under current asset account on Take Two Interactive Software balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Take Two customers. The amounts must be unrestricted with restricted cash listed in a different Take Two account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from Take Two's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Take Two Interactive 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. At this time, Take Two's Selling General Administrative is very stable compared to the past year. As of the 28th of May 2024, Tax Provision is likely to grow to about 43.5 M, while Discontinued Operations is likely to drop (103.8 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 2.3B | 2.7B | 2.8B | Total Revenue | 3.5B | 5.3B | 5.3B | 5.6B |
Take Two fundamental ratios Correlations
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Take Two Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Take Two fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 4.9B | 6.0B | 6.5B | 15.9B | 12.2B | 12.8B | |
Other Current Liab | 1.2B | 1.2B | 1.1B | 1.2B | 1.1B | 1.1B | |
Total Current Liabilities | 2.0B | 2.2B | 2.1B | 3.9B | 2.4B | 2.5B | |
Total Stockholder Equity | 2.5B | 3.3B | 3.8B | 9.0B | 5.7B | 6.0B | |
Property Plant And Equipment Net | 286.2M | 314.1M | 459.2M | 685.5M | 736.8M | 773.6M | |
Net Debt | (1.2B) | (1.2B) | (1.5B) | 2.7B | 2.5B | 2.7B | |
Retained Earnings | 1.3B | 1.9B | 2.3B | 1.2B | (2.6B) | (2.5B) | |
Accounts Payable | 65.7M | 71.0M | 125.9M | 140.1M | 195.9M | 205.7M | |
Cash | 1.4B | 1.4B | 1.7B | 827.4M | 1.0B | 564.1M | |
Non Current Assets Total | 1.5B | 1.8B | 2.7B | 13.4B | 10.0B | 10.5B | |
Non Currrent Assets Other | 121.2M | 149.5M | 325.6M | 205.1M | 162.3M | 170.4M | |
Cash And Short Term Investments | 2.0B | 2.7B | 2.6B | 1.0B | 1.0B | 786.1M | |
Net Receivables | 592.6M | 552.8M | 579.4M | 843.1M | 764.7M | 802.9M | |
Common Stock Shares Outstanding | 114.1M | 115.7M | 116.8M | 159.9M | 170.1M | 91.1M | |
Liabilities And Stockholders Equity | 4.9B | 6.0B | 6.5B | 15.9B | 12.2B | 12.8B | |
Non Current Liabilities Total | 371.0M | 461.6M | 631.6M | 3.0B | 4.1B | 4.3B | |
Inventory | 19.1M | 17.7M | 13.2M | 584.7M | 1.0 | 0.95 | |
Other Current Assets | 40.3M | 43.4M | 81.4M | 65.9M | 466.9M | 490.2M | |
Other Stockholder Equity | 1.3B | 1.5B | 1.6B | 8.0B | 8.4B | 8.8B | |
Total Liab | 2.4B | 2.7B | 2.7B | 6.8B | 6.5B | 6.9B | |
Property Plant And Equipment Gross | 286.2M | 314.1M | 459.2M | 685.5M | 1.1B | 1.2B | |
Total Current Assets | 3.5B | 4.2B | 3.9B | 2.5B | 2.3B | 1.5B | |
Accumulated Other Comprehensive Income | (58.4M) | (8.7M) | (57.3M) | (113.3M) | (105.1M) | (99.8M) | |
Short Term Debt | 25.2M | 31.6M | 38.9M | 1.4B | 88.4M | 84.0M | |
Intangible Assets | 453.0M | 612.5M | 1.0B | 5.5B | 4.5B | 4.7B | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.9M | 2.2M | 2.3M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.9M | 2.2M | 2.3M | |
Other Assets | 227.3M | 327.0M | 345.8M | 482.8M | 555.3M | 583.0M | |
Short Term Investments | 644.0M | 1.3B | 820.1M | 187M | 22M | 20.9M | |
Property Plant Equipment | 131.9M | 149.4M | 242.0M | 402.8M | 463.2M | 486.4M | |
Current Deferred Revenue | 777.8M | 928.0M | 865.3M | 1.1B | 1.1B | 1.1B | |
Good Will | 386.5M | 535.3M | 674.6M | 6.8B | 4.4B | 4.6B | |
Other Liab | 250.7M | 219.0M | 301.9M | 420.3M | 483.3M | 507.5M | |
Net Tangible Assets | 2.2B | 2.8B | 2.8B | 3.5B | 4.0B | 4.2B | |
Retained Earnings Total Equity | 1.3B | 1.9B | 2.3B | 1.2B | 1.3B | 1.4B | |
Capital Surpluse | 2.1B | 2.3B | 2.6B | 9.0B | 10.4B | 10.9B |
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Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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Is Take Two'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 Take Two. If investors know Take 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 Take Two 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 (0.50) | Earnings Share (22.02) | Revenue Per Share 31.45 | Quarterly Revenue Growth (0.03) | Return On Assets (0.02) |
The market value of Take Two Interactive is measured differently than its book value, which is the value of Take that is recorded on the company's balance sheet. Investors also form their own opinion of Take Two's value that differs from its market value or its book value, called intrinsic value, which is Take Two'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 Take Two's market value can be influenced by many factors that don't directly affect Take Two'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 Take Two's value and its price as these two are different measures arrived at by different means. Investors typically determine if Take Two is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Take Two'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.