Playtech Net Income vs Capital Expenditures Analysis

PTEC Stock

729.00 4.00 0.55%

Playtech Plc financial indicator trend analysis is much more than just breaking down Playtech Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playtech Plc is a good investment. Please check the relationship between Playtech Plc Net Income and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtech Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtech Plc Net Income account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Playtech Plc's Net Income and Capital Expenditures is -0.03. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Playtech Plc, assuming nothing else is changed. The correlation between historical values of Playtech Plc's Net Income and Capital Expenditures 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 Income of Playtech Plc are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Net Income i.e., Playtech Plc's Net Income and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.03

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Playtech Plc financial statement analysis. It represents the amount of money remaining after all of Playtech Plc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Capital Expenditures

Capital Expenditures are funds used by Playtech Plc to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Playtech Plc operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Most indicators from Playtech Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playtech Plc 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 Playtech Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 137.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 85.2 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	47.6M	50.2M	36.9M	38.7M
Depreciation And Amortization	170.3M	170.9M	194.8M	204.5M

Interest Expense Depreciation And Amortization

Playtech Plc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.88	0.66	0.84	0.89	0.9	0.88	0.68	0.82	0.77	0.58	0.97	0.5	0.65	0.58	0.91	0.68	0.9	0.6	-0.19	0.87	0.87	0.79	-0.13	0.73	0.8
Short Long Term Debt Total	0.88		0.67	0.88	0.61	0.85	0.98	0.78	0.51	0.73	0.62	0.78	0.15	0.38	0.62	0.72	0.54	0.94	0.82	-0.28	0.97	0.72	0.92	-0.25	0.76	0.74
Other Current Liab	0.66	0.67		0.69	0.46	0.73	0.63	0.54	0.34	0.73	0.41	0.65	0.3	0.14	0.41	0.65	0.52	0.65	0.3	-0.12	0.67	0.55	0.52	0.29	0.75	0.57
Total Current Liabilities	0.84	0.88	0.69		0.6	0.85	0.87	0.76	0.51	0.9	0.45	0.8	0.14	0.35	0.45	0.67	0.61	0.76	0.68	-0.16	0.94	0.72	0.76	-0.16	0.86	0.74
Total Stockholder Equity	0.89	0.61	0.46	0.6		0.72	0.63	0.36	0.97	0.65	0.55	0.91	0.7	0.74	0.55	0.89	0.69	0.65	0.27	-0.05	0.6	0.8	0.6	-0.01	0.52	0.74
Property Plant And Equipment Net	0.9	0.85	0.73	0.85	0.72		0.86	0.83	0.71	0.81	0.32	0.9	0.51	0.66	0.32	0.68	0.4	0.84	0.61	-0.5	0.84	0.95	0.64	-0.25	0.69	0.56
Current Deferred Revenue	0.88	0.98	0.63	0.87	0.63	0.86		0.72	0.57	0.72	0.64	0.77	0.16	0.4	0.64	0.69	0.55	0.9	0.8	-0.27	0.94	0.73	0.92	-0.32	0.75	0.69
Net Debt	0.68	0.78	0.54	0.76	0.36	0.83	0.72		0.33	0.58	0.0	0.69	0.19	0.5	0.0	0.41	0.17	0.79	0.79	-0.59	0.8	0.76	0.49	-0.42	0.55	0.36
Retained Earnings	0.82	0.51	0.34	0.51	0.97	0.71	0.57	0.33		0.58	0.4	0.86	0.78	0.85	0.4	0.75	0.52	0.56	0.22	-0.2	0.48	0.84	0.47	-0.14	0.37	0.56
Accounts Payable	0.77	0.73	0.73	0.9	0.65	0.81	0.72	0.58	0.58		0.43	0.79	0.28	0.35	0.43	0.66	0.61	0.61	0.35	-0.12	0.8	0.7	0.59	0.08	0.87	0.72
Cash	0.58	0.62	0.41	0.45	0.55	0.32	0.64	0.0	0.4	0.43		0.41	0.03	-0.02	1.0	0.68	0.67	0.56	0.29	0.34	0.57	0.2	0.85	0.2	0.55	0.77
Non Current Assets Total	0.97	0.78	0.65	0.8	0.91	0.9	0.77	0.69	0.86	0.79	0.41		0.61	0.73	0.41	0.88	0.63	0.82	0.48	-0.23	0.79	0.92	0.63	-0.09	0.69	0.74
Non Currrent Assets Other	0.5	0.15	0.3	0.14	0.7	0.51	0.16	0.19	0.78	0.28	0.03	0.61		0.83	0.03	0.49	0.12	0.29	-0.1	-0.35	0.12	0.7	0.04	0.09	-0.01	0.2
Other Assets	0.65	0.38	0.14	0.35	0.74	0.66	0.4	0.5	0.85	0.35	-0.02	0.73	0.83		-0.02	0.48	0.13	0.48	0.31	-0.55	0.36	0.86	0.22	-0.38	0.08	0.25
Cash And Short Term Investments	0.58	0.62	0.41	0.45	0.55	0.32	0.64	0.0	0.4	0.43	1.0	0.41	0.03	-0.02		0.68	0.67	0.56	0.29	0.34	0.57	0.2	0.85	0.2	0.55	0.77
Common Stock Total Equity	0.91	0.72	0.65	0.67	0.89	0.68	0.69	0.41	0.75	0.66	0.68	0.88	0.49	0.48	0.68		0.83	0.78	0.37	0.14	0.72	0.65	0.72	0.2	0.71	0.91
Common Stock Shares Outstanding	0.68	0.54	0.52	0.61	0.69	0.4	0.55	0.17	0.52	0.61	0.67	0.63	0.12	0.13	0.67	0.83		0.5	0.24	0.51	0.58	0.32	0.64	0.31	0.71	0.87
Non Current Liabilities Total	0.9	0.94	0.65	0.76	0.65	0.84	0.9	0.79	0.56	0.61	0.56	0.82	0.29	0.48	0.56	0.78	0.5		0.77	-0.31	0.91	0.75	0.84	-0.22	0.69	0.71
Other Current Assets	0.6	0.82	0.3	0.68	0.27	0.61	0.8	0.79	0.22	0.35	0.29	0.48	-0.1	0.31	0.29	0.37	0.24	0.77		-0.41	0.78	0.52	0.74	-0.59	0.45	0.42
Other Stockholder Equity	-0.19	-0.28	-0.12	-0.16	-0.05	-0.5	-0.27	-0.59	-0.2	-0.12	0.34	-0.23	-0.35	-0.55	0.34	0.14	0.51	-0.31	-0.41		-0.21	-0.56	-0.02	0.63	0.11	0.27
Total Liab	0.87	0.97	0.67	0.94	0.6	0.84	0.94	0.8	0.48	0.8	0.57	0.79	0.12	0.36	0.57	0.72	0.58	0.91	0.78	-0.21		0.71	0.88	-0.19	0.84	0.79
Property Plant And Equipment Gross	0.87	0.72	0.55	0.72	0.8	0.95	0.73	0.76	0.84	0.7	0.2	0.92	0.7	0.86	0.2	0.65	0.32	0.75	0.52	-0.56	0.71		0.51	-0.31	0.5	0.47
Total Current Assets	0.79	0.92	0.52	0.76	0.6	0.64	0.92	0.49	0.47	0.59	0.85	0.63	0.04	0.22	0.85	0.72	0.64	0.84	0.74	-0.02	0.88	0.51		-0.17	0.69	0.81
Short Term Debt	-0.13	-0.25	0.29	-0.16	-0.01	-0.25	-0.32	-0.42	-0.14	0.08	0.2	-0.09	0.09	-0.38	0.2	0.2	0.31	-0.22	-0.59	0.63	-0.19	-0.31	-0.17		0.12	0.23
Intangible Assets	0.73	0.76	0.75	0.86	0.52	0.69	0.75	0.55	0.37	0.87	0.55	0.69	-0.01	0.08	0.55	0.71	0.71	0.69	0.45	0.11	0.84	0.5	0.69	0.12		0.79
Common Stock	0.8	0.74	0.57	0.74	0.74	0.56	0.69	0.36	0.56	0.72	0.77	0.74	0.2	0.25	0.77	0.91	0.87	0.71	0.42	0.27	0.79	0.47	0.81	0.23	0.79

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Playtech Plc Account Relationship Matchups

Playtech Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.1B	3.1B	3.7B	3.0B	3.3B	3.5B
Short Long Term Debt Total	1.0B	1.3B	1.1B	633.4M	732.9M	576.6M
Other Current Liab	563.8M	621.9M	3.9M	330.7M	395M	414.8M
Total Current Liabilities	777.2M	822.7M	835.1M	756.4M	598.7M	338.1M
Total Stockholder Equity	1.2B	899.6M	1.6B	1.7B	1.8B	1.9B
Property Plant And Equipment Net	450.6M	423.8M	403.5M	413M	421.2M	442.3M
Current Deferred Revenue	542.5M	665.2M	665.6M	353.6M	406.6M	369.2M
Net Debt	355.0M	580.9M	556.8M	206.9M	216.7M	227.5M
Retained Earnings	659.8M	347.2M	1.0B	1.1B	1.2B	1.3B
Accounts Payable	62.4M	35.1M	33.5M	61.2M	46M	23.1M
Cash	671.5M	683.7M	575.4M	426.5M	516.2M	378.3M
Non Current Assets Total	2.1B	1.7B	2.3B	2.3B	2.5B	2.6B
Non Currrent Assets Other	12.2M	14.3M	11.8M	747.1M	989.9M	1.0B
Other Assets	15.9M	52.7M	88.9M	836.1M	961.5M	1.0B
Cash And Short Term Investments	671.5M	683.7M	575.4M	426.5M	516.2M	378.3M
Common Stock Shares Outstanding	308.0M	310.8M	312.1M	311.9M	311.9M	306.3M
Liabilities And Stockholders Equity	3.1B	3.1B	3.7B	3.0B	3.3B	3.5B
Non Current Liabilities Total	1.1B	1.3B	1.2B	565M	920.9M	966.9M
Other Current Assets	178.0M	562.6M	594.5M	127.2M	119.8M	113.9M
Total Liab	1.9B	2.2B	2.1B	1.3B	1.5B	770.5M
Property Plant And Equipment Gross	445.0M	417.3M	613.3M	650.3M	692M	726.6M
Total Current Assets	1.0B	1.4B	1.4B	723.1M	849.9M	569.8M
Accumulated Other Comprehensive Income	(34.2M)	(39.9M)	(50.1M)	(16.5M)	(24.8M)	(26.0M)
Short Term Debt	25.7M	21M	(645.3M)	231.4M	24.9M	23.7M
Intangible Assets	614.3M	463.3M	397.6M	371.1M	391.5M	261.9M
Other Liab	201.7M	97.4M	98.2M	124.1M	142.7M	87.8M
Net Receivables	192.8M	153.2M	178.5M	163.9M	207.1M	217.5M
Short Term Investments	(3.2M)	(37.8M)	(71.2M)	(721.4M)	(649.3M)	(616.8M)
Property Plant Equipment	420.8M	396.3M	366.7M	372.9M	428.8M	450.3M
Good Will	885.6M	633.9M	648.5M	609.8M	529M	397.6M
Long Term Debt	935.6M	1.2B	1.0B	348M	646.1M	565.5M
Net Tangible Assets	(303.1M)	(225.2M)	498M	680M	612M	642.6M
Treasury Stock	(21.6M)	(17.9M)	(16.2M)	(14.5M)	(16.6M)	(17.5M)

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Playtech Net Income vs Capital Expenditures Analysis

Net Income vs Capital Expenditures

Net Income vs Capital Expenditures Correlation Analysis

Correlation Coefficient

Net Income

Capital Expenditures

Playtech Plc fundamental ratios Correlations

Playtech Plc Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Playtech Plc fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Current Deferred Revenue	+ 0.98	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Total Assets
Total Liab	+ 0.97	Short Long Term Debt Total
Retained Earnings	+ 0.97	Total Stockholder Equity
Property Plant And Equipment Gross	+ 0.95	Property Plant And Equipment Net

Short Term Debt	- 0.59	Other Current Assets
Other Stockholder Equity	- 0.59	Net Debt
Property Plant And Equipment Gross	- 0.56	Other Stockholder Equity
Other Stockholder Equity	- 0.55	Other Assets
Other Stockholder Equity	- 0.5	Property Plant And Equipment Net
Short Term Debt	- 0.42	Net Debt