Take Extraordinary Items vs Gross Profit Analysis

TTWO Stock  USD 143.95  1.93  1.32%   
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 Extraordinary Items and its Gross Profit 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.

Extraordinary Items vs Gross Profit

Extraordinary Items vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Extraordinary Items account and Gross Profit. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Take Two's Extraordinary Items and Gross Profit is 0.88. Overlapping area represents the amount of variation of Extraordinary Items that can explain the historical movement of Gross Profit 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 Extraordinary Items and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Extraordinary Items of Take Two Interactive Software are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Extraordinary Items i.e., Take Two's Extraordinary Items and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Extraordinary Items

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Take Two Interactive Software minus its cost of goods sold. It is profit before Take Two operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 14th of May 2024, Issuance Of Capital Stock is likely to grow to about 79 M, while Discontinued Operations is likely to drop (103.8 K).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.6B2.8B
Total Revenue3.5B5.3B6.2B6.5B

Take Two fundamental ratios Correlations

0.950.840.971.00.980.820.620.790.150.980.780.090.950.90.960.96-0.370.980.990.980.30.820.980.920.92
0.950.680.850.950.890.940.380.68-0.10.990.6-0.190.820.810.991.0-0.230.990.940.890.020.860.980.820.82
0.840.680.850.850.920.470.880.770.480.760.870.450.940.760.70.7-0.630.750.810.920.590.410.750.790.79
0.970.850.850.950.950.670.680.760.30.910.790.290.970.910.880.87-0.390.920.980.950.480.80.910.950.95
1.00.950.850.950.980.820.640.80.140.980.80.080.950.890.950.96-0.390.980.980.980.290.80.980.910.91
0.980.890.920.950.980.720.740.830.280.940.880.210.970.870.910.9-0.460.930.961.00.40.70.940.90.9
0.820.940.470.670.820.720.120.54-0.380.90.37-0.470.620.610.920.94-0.150.90.810.72-0.250.820.90.620.62
0.620.380.880.680.640.740.120.710.680.50.890.690.780.610.410.4-0.590.470.570.740.760.180.480.620.62
0.790.680.770.760.80.830.540.710.380.740.860.290.840.740.690.69-0.280.730.750.830.50.510.730.760.76
0.15-0.10.480.30.140.28-0.380.680.38-0.010.530.940.370.35-0.03-0.11-0.25-0.010.160.280.92-0.15-0.020.370.37
0.980.990.760.910.980.940.90.50.74-0.010.7-0.080.880.840.990.99-0.331.00.970.940.130.851.00.870.87
0.780.60.870.790.80.880.370.890.860.530.70.480.870.740.640.61-0.430.680.750.880.590.410.690.770.77
0.09-0.190.450.290.080.21-0.470.690.290.94-0.080.480.340.28-0.12-0.19-0.28-0.080.110.210.96-0.18-0.090.310.31
0.950.820.940.970.950.970.620.780.840.370.880.870.340.880.840.83-0.450.880.940.970.530.670.880.920.92
0.90.810.760.910.890.870.610.610.740.350.840.740.280.880.840.81-0.120.860.90.870.450.770.840.980.98
0.960.990.70.880.950.910.920.410.69-0.030.990.64-0.120.840.840.99-0.230.990.960.910.090.870.990.860.86
0.961.00.70.870.960.90.940.40.69-0.110.990.61-0.190.830.810.99-0.270.990.950.90.030.870.990.830.83
-0.37-0.23-0.63-0.39-0.39-0.46-0.15-0.59-0.28-0.25-0.33-0.43-0.28-0.45-0.12-0.23-0.27-0.3-0.33-0.46-0.340.02-0.32-0.18-0.18
0.980.990.750.920.980.930.90.470.73-0.011.00.68-0.080.880.860.990.99-0.30.980.930.130.871.00.880.88
0.990.940.810.980.980.960.810.570.750.160.970.750.110.940.90.960.95-0.330.980.960.310.860.970.940.94
0.980.890.920.950.981.00.720.740.830.280.940.880.210.970.870.910.9-0.460.930.960.40.70.940.90.9
0.30.020.590.480.290.4-0.250.760.50.920.130.590.960.530.450.090.03-0.340.130.310.40.020.130.490.49
0.820.860.410.80.80.70.820.180.51-0.150.850.41-0.180.670.770.870.870.020.870.860.70.020.870.80.8
0.980.980.750.910.980.940.90.480.73-0.021.00.69-0.090.880.840.990.99-0.321.00.970.940.130.870.870.87
0.920.820.790.950.910.90.620.620.760.370.870.770.310.920.980.860.83-0.180.880.940.90.490.80.871.0
0.920.820.790.950.910.90.620.620.760.370.870.770.310.920.980.860.83-0.180.880.940.90.490.80.871.0
Click cells to compare fundamentals

Take Two Account Relationship Matchups

Take Two fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.0B6.5B15.9B18.2B19.2B
Other Current Liab1.2B1.2B1.1B1.2B1.4B1.5B
Total Current Liabilities2.0B2.2B2.1B3.9B4.4B4.7B
Total Stockholder Equity2.5B3.3B3.8B9.0B10.4B10.9B
Property Plant And Equipment Net286.2M314.1M459.2M685.5M788.3M827.7M
Net Debt(1.2B)(1.2B)(1.5B)2.7B2.4B2.5B
Retained Earnings1.3B1.9B2.3B1.2B1.3B1.4B
Accounts Payable65.7M71.0M125.9M140.1M161.1M88.5M
Cash1.4B1.4B1.7B827.4M951.5M543.2M
Non Current Assets Total1.5B1.8B2.7B13.4B15.4B16.1B
Non Currrent Assets Other121.2M149.5M325.6M205.1M235.9M247.7M
Cash And Short Term Investments2.0B2.7B2.6B1.0B1.2B772.8M
Net Receivables592.6M552.8M579.4M843.1M969.6M1.0B
Common Stock Shares Outstanding114.1M115.7M116.8M159.9M183.9M193.1M
Liabilities And Stockholders Equity4.9B6.0B6.5B15.9B18.2B19.2B
Non Current Liabilities Total371.0M461.6M631.6M3.0B3.4B3.6B
Inventory19.1M17.7M13.2M584.7M672.4M706.0M
Other Current Assets40.3M43.4M81.4M65.9M75.8M119.7M
Other Stockholder Equity1.3B1.5B1.6B8.0B9.2B9.6B
Total Liab2.4B2.7B2.7B6.8B7.8B8.2B
Property Plant And Equipment Gross286.2M314.1M459.2M685.5M788.3M827.7M
Total Current Assets3.5B4.2B3.9B2.5B2.9B1.4B
Accumulated Other Comprehensive Income(58.4M)(8.7M)(57.3M)(113.3M)(102.0M)(96.9M)
Short Term Debt25.2M31.6M38.9M1.4B1.6B1.7B
Intangible Assets453.0M612.5M1.0B5.5B6.4B6.7B
Common Stock Total Equity1.4M1.4M1.4M1.9M2.2M2.3M
Common Stock1.4M1.4M1.4M1.9M2.2M2.3M
Other Assets227.3M327.0M345.8M482.8M555.3M583.0M
Short Term Investments644.0M1.3B820.1M187M215.1M347.7M
Property Plant Equipment131.9M149.4M242.0M402.8M463.2M486.4M
Current Deferred Revenue777.8M928.0M865.3M1.1B1.2B1.3B
Good Will386.5M535.3M674.6M6.8B7.8B8.2B
Other Liab250.7M219.0M301.9M420.3M483.3M507.5M
Net Tangible Assets2.2B2.8B2.8B3.5B4.0B4.2B
Retained Earnings Total Equity1.3B1.9B2.3B1.2B1.3B1.4B
Capital Surpluse2.1B2.3B2.6B9.0B10.4B10.9B

Currently Active Assets on Macroaxis

When determining whether Take Two Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Take Two's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Take Two Interactive Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Take Two Interactive Software Stock:
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.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Take Two's price analysis, check to measure Take Two'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 Take Two is operating at the current time. Most of Take Two's value examination focuses on studying past and present price action to predict the probability of Take Two's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Take Two's price. Additionally, you may evaluate how the addition of Take Two to your portfolios can decrease your overall portfolio volatility.
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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
(8.71)
Revenue Per Share
31.851
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.