Playtika Total Current Liabilities vs Total Assets Analysis

PLTK Stock  USD 7.42  0.03  0.40%   
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 Total Current Liabilities and its Total Assets 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtika Holding Corp Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Playtika Holding's Total Current Liabilities and Total Assets is 0.73. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets 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 Total Current Liabilities and Total 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 Total Current Liabilities of Playtika Holding Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Playtika Holding's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Liabilities

Total Current Liabilities is an item on Playtika Holding balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Playtika Holding Corp are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Playtika Holding assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Playtika Holding Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
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 closely tied with the direction of predictive economic indicators such as signals in estimate.
The value of Tax Provision is estimated to slide to about 113.1 M. The value of Selling General Administrative is expected to slide to about 309.8 M
 2022 2023 2024 2025 (projected)
Gross Profit1.9B1.8B2.1B1.6B
Total Revenue2.6B2.6B3.0B2.3B

Playtika Holding fundamental ratios Correlations

-0.7-0.61-0.8-0.690.28-0.620.51-0.67-0.72-0.540.37-0.72-0.67-0.7-0.81-0.48-0.61-0.64-0.41-0.7-0.47-0.630.88-0.79-0.53
-0.70.880.880.73-0.490.84-0.750.960.990.78-0.670.920.980.990.810.430.890.970.21.00.630.91-0.730.90.91
-0.610.880.90.88-0.840.71-0.970.970.880.98-0.930.870.810.920.660.561.00.8-0.220.90.341.0-0.540.750.8
-0.80.880.90.85-0.680.83-0.840.910.910.86-0.740.950.80.910.760.530.90.770.130.910.490.92-0.760.90.67
-0.690.730.880.85-0.780.45-0.860.810.70.87-0.850.710.690.750.450.710.870.69-0.150.740.130.86-0.440.670.71
0.28-0.49-0.84-0.68-0.78-0.380.94-0.69-0.5-0.920.96-0.57-0.36-0.58-0.25-0.57-0.83-0.360.63-0.540.11-0.80.13-0.39-0.42
-0.620.840.710.830.45-0.38-0.590.820.910.63-0.460.90.770.870.870.290.710.730.330.870.690.75-0.820.90.55
0.51-0.75-0.97-0.84-0.860.94-0.59-0.89-0.75-1.00.98-0.78-0.64-0.81-0.53-0.58-0.97-0.640.41-0.78-0.15-0.950.42-0.63-0.66
-0.670.960.970.910.81-0.690.82-0.890.960.91-0.820.90.90.980.780.560.970.89-0.040.970.460.98-0.650.860.85
-0.720.990.880.910.7-0.50.91-0.750.960.78-0.650.940.950.990.850.430.880.940.231.00.640.91-0.780.930.84
-0.540.780.980.860.87-0.920.63-1.00.910.78-0.970.80.680.840.570.570.980.67-0.370.810.210.97-0.440.660.69
0.37-0.67-0.93-0.74-0.850.96-0.460.98-0.82-0.65-0.97-0.66-0.58-0.73-0.37-0.58-0.93-0.580.54-0.7-0.03-0.910.23-0.51-0.65
-0.720.920.870.950.71-0.570.9-0.780.90.940.8-0.660.850.940.790.30.870.830.210.940.680.89-0.790.870.71
-0.670.980.810.80.69-0.360.77-0.640.90.950.68-0.580.850.950.760.390.811.00.280.960.640.83-0.70.860.94
-0.70.990.920.910.75-0.580.87-0.810.980.990.84-0.730.940.950.830.450.930.930.121.00.60.95-0.730.90.86
-0.810.810.660.760.45-0.250.87-0.530.780.850.57-0.370.790.760.830.330.660.730.350.820.650.7-0.920.850.59
-0.480.430.560.530.71-0.570.29-0.580.560.430.57-0.580.30.390.450.330.560.37-0.230.43-0.330.55-0.250.570.37
-0.610.891.00.90.87-0.830.71-0.970.970.880.98-0.930.870.810.930.660.560.81-0.210.910.341.0-0.540.760.81
-0.640.970.80.770.69-0.360.73-0.640.890.940.67-0.580.831.00.930.730.370.810.250.950.630.83-0.660.820.96
-0.410.2-0.220.13-0.150.630.330.41-0.040.23-0.370.540.210.280.120.35-0.23-0.210.250.170.64-0.17-0.550.380.06
-0.71.00.90.910.74-0.540.87-0.780.971.00.81-0.70.940.961.00.820.430.910.950.170.630.93-0.750.90.88
-0.470.630.340.490.130.110.69-0.150.460.640.21-0.030.680.640.60.65-0.330.340.630.640.630.38-0.660.540.5
-0.630.911.00.920.86-0.80.75-0.950.980.910.97-0.910.890.830.950.70.551.00.83-0.170.930.38-0.580.790.81
0.88-0.73-0.54-0.76-0.440.13-0.820.42-0.65-0.78-0.440.23-0.79-0.7-0.73-0.92-0.25-0.54-0.66-0.55-0.75-0.66-0.58-0.84-0.48
-0.790.90.750.90.67-0.390.9-0.630.860.930.66-0.510.870.860.90.850.570.760.820.380.90.540.79-0.840.67
-0.530.910.80.670.71-0.420.55-0.660.850.840.69-0.650.710.940.860.590.370.810.960.060.880.50.81-0.480.67
Click cells to compare fundamentals

Playtika Holding Account Relationship Matchups

Playtika Holding fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding384.7M411M401.6M366.8M330.1M319.2M
Total Assets1.8B2.8B2.7B3.2B3.7B2.4B
Short Long Term Debt Total2.4B2.5B2.5B2.5B2.9B2.3B
Other Current Liab316.6M283.3M308.2M356.9M410.4M337.4M
Total Current Liabilities640.4M569.7M461.8M539.6M620.5M586.8M
Total Stockholder Equity(1.2B)(377.7M)(568.6M)(221.5M)(254.7M)(267.5M)
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 Net171.9M192.7M229.9M220.2M253.2M184.5M
Current Deferred Revenue21.3M31.6M38.6M46M52.9M30.7M
Net Debt1.9B1.5B1.8B1.5B1.7B1.6B
Retained Earnings(1.7B)(1.4B)(1.1B)(907.6M)(816.8M)(857.7M)
Accounts Payable34.6M45.7M50.7M65M74.8M51.3M
Cash520.1M1.0B768.7M1.0B1.2B715.5M
Non Current Assets Total1.0B1.5B1.7B1.8B2.1B1.4B
Non Currrent Assets Other7.3M13.4M156.7M136.4M156.9M164.7M
Other Assets31.5M597M51.7M195.7M225.1M203.7M
Long Term Debt2.2B2.4B2.4B2.4B2.8B2.2B
Cash And Short Term Investments520.1M1.1B768.7M1.0B1.2B733.9M
Net Receivables129.3M143.7M141.1M171.5M197.2M160.1M
Good Will484.8M788.1M811.2M987.2M1.1B690.5M
Liabilities And Stockholders Equity1.8B2.8B2.7B3.2B3.7B2.4B
Non Current Liabilities Total2.4B2.6B2.8B2.9B3.3B2.4B
Capital Lease Obligations83.4M99.5M108M107.7M123.9M84.6M
Inventory21.3M22.7M1.7M(25.3M)(22.8M)(21.6M)
Other Current Assets105.1M74.9M115.1M149.9M172.4M105.9M
Other Stockholder Equity462.3M1.0B552.3M661.4M760.6M570.7M
Total Liab3.0B3.2B3.3B3.4B3.9B3.0B
Net Invested Capital1.1B2.1B1.9B2.2B2.5B1.6B
Property Plant And Equipment Gross98M192.7M229.9M415.9M478.3M502.2M
Short Long Term Debt104.6M12.2M12.4M16.8M15.1M14.4M
Total Current Assets754.5M1.3B1.0B1.4B1.6B1.0B
Accumulated Other Comprehensive Income16.7M3.2M17.6M20.6M23.7M24.9M
Net Working Capital114.1M766M563.1M811.5M933.2M979.9M
Short Term Debt137.4M46.6M39.4M36.3M32.7M31.0M
Intangible Assets327.7M417.3M354M311.2M357.9M351.4M
Property Plant Equipment140.8M171.9M192.7M229.9M264.4M172.9M

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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 closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Movies & Entertainment space 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
0.056
Dividend Share
0.3
Earnings Share
0.58
Revenue Per Share
6.847
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.