Playgon Net Invested Capital vs Net Debt Analysis
DEAL Stock | CAD 0.01 0.00 0.00% |
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 Net Invested Capital and its Net Debt 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.
Net Invested Capital vs Net Debt
Net Invested Capital vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playgon Games Net Invested Capital account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Playgon Games' Net Invested Capital and Net Debt is -0.5. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Debt 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' Net Invested Capital and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Playgon Games are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Net Invested Capital i.e., Playgon Games' Net Invested Capital and Net Debt go up and down completely randomly.
Correlation Coefficient | -0.5 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Invested Capital
The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.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) |
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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.