Playgon Cash And Short Term Investments vs Other Stockholder Equity Analysis
DEAL Stock | CAD 0.01 0.01 50.00% |
Playgon Games financial indicator trend analysis is much more than just breaking down Playgon Games prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playgon Games is a good investment. Please check the relationship between Playgon Games Cash And Short Term Investments and its Other Stockholder Equity accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Playgon Games. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Cash And Short Term Investments vs Other Stockholder Equity
Cash And 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 Playgon Games Cash And Short Term Investments account and Other Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Playgon Games' Cash And Short Term Investments and Other Stockholder Equity is -0.21. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Playgon Games, assuming nothing else is changed. The correlation between historical values of Playgon Games' Cash And 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 Cash And Short Term Investments of Playgon Games 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 Cash And Short Term Investments i.e., Playgon Games' Cash And Short Term Investments and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Playgon Games balance sheet. This account contains Playgon Games investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Playgon Games 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 Stockholder Equity
Most indicators from Playgon Games' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playgon Games 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Playgon Games. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At this time, Playgon Games' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 27.3 M in 2024, despite the fact that Tax Provision is likely to grow to (423.9 K).
Playgon Games fundamental ratios Correlations
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Playgon Games Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Playgon Games fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 253.4K | 13.7M | 17.1M | 8.2M | 5.5M | 3.0M | |
Other Current Liab | 35.1K | 288.8K | 567.5K | 687.6K | 790.7K | 830.3K | |
Total Current Liabilities | 1.4M | 3.4M | 2.5M | 9.7M | 11.3M | 11.9M | |
Total Stockholder Equity | (1.2M) | 9.1M | 13.8M | (2.4M) | (15.4M) | (14.6M) | |
Property Plant And Equipment Net | 1.2K | 1.1M | 1.6M | 849.0K | 684.0K | 718.2K | |
Net Debt | 209.7K | 1.3M | (4.6M) | 6.7M | 15.6M | 16.4M | |
Retained Earnings | (23.6M) | (30.0M) | (44.9M) | (61.7M) | (78.2M) | (74.3M) | |
Accounts Payable | 1.1M | 2.2M | 1.4M | 3.0M | 3.5M | 3.7M | |
Cash | 90.3K | 781.5K | 5.9M | 206.8K | 208.4K | 198.0K | |
Non Current Assets Total | 1.2K | 12.1M | 10.1M | 7.3M | 4.7M | 2.9M | |
Cash And Short Term Investments | 90.3K | 781.5K | 5.9M | 206.8K | 237.8K | 225.9K | |
Net Receivables | 88.4K | 141.6K | 243.8K | 424.5K | 327.0K | 343.4K | |
Common Stock Shares Outstanding | 69.5M | 130.4M | 213.4M | 253.3M | 288.6M | 303.0M | |
Liabilities And Stockholders Equity | 253.4K | 13.7M | 17.1M | 8.2M | 9.4M | 9.9M | |
Non Current Liabilities Total | 0.0 | 1.2M | 749.6K | 920K | 9.6M | 10.1M | |
Other Current Assets | 67.9K | 605.0K | 773.9K | 250.8K | 288.4K | 172.4K | |
Other Stockholder Equity | 1.0M | 1.7M | 1.4M | 21.5K | 24.7K | 23.5K | |
Total Liab | 1.4M | 4.6M | 3.3M | 10.6M | 20.9M | 21.9M | |
Total Current Assets | 252.2K | 1.5M | 6.9M | 882.1K | 797.0K | 972.5K | |
Common Stock | 19.5M | 21.0M | 36.1M | 54.5M | 62.7M | 65.8M | |
Net Tangible Assets | (171.0K) | (1.2M) | (1.9M) | 5.3M | 4.8M | 5.0M | |
Property Plant Equipment | 13.6K | 1.2K | 1.1M | 1.6M | 1.9M | 2.0M | |
Net Invested Capital | (887.1K) | 11.1M | 14.5M | 4.3M | 418.2K | 397.3K | |
Net Working Capital | (1.2M) | (1.9M) | 4.4M | (8.8M) | (10.5M) | (10.0M) |
Thematic Opportunities
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Additional Tools for Playgon Stock Analysis
When running Playgon Games' price analysis, check to measure Playgon Games' 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 Playgon Games is operating at the current time. Most of Playgon Games' value examination focuses on studying past and present price action to predict the probability of Playgon Games' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playgon Games' price. Additionally, you may evaluate how the addition of Playgon Games to your portfolios can decrease your overall portfolio volatility.