Playtech Total Current Liabilities vs Non Currrent Assets Other Analysis

PTEC Stock   733.00  2.00  0.27%   
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 Total Current Liabilities and its Non Currrent Assets Other 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.

Total Current Liabilities vs Non Currrent Assets Other

Total Current Liabilities vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtech Plc Total Current Liabilities account and Non Currrent Assets Other. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Playtech Plc's Total Current Liabilities and Non Currrent Assets Other is 0.14. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Non Currrent Assets Other 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 Total Current Liabilities and Non Currrent Assets Other 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 Playtech Plc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Liabilities i.e., Playtech Plc's Total Current Liabilities and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Liabilities

Total Current Liabilities is an item on Playtech Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Playtech Plc 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 86.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.6M50.2M36.9M38.7M
Depreciation And Amortization170.3M170.9M194.8M204.5M

Playtech Plc fundamental ratios Correlations

0.880.660.840.890.90.880.680.820.770.580.970.50.650.580.910.680.90.6-0.190.870.870.79-0.130.730.8
0.880.670.880.610.850.980.780.510.730.620.780.150.380.620.720.540.940.82-0.280.970.720.92-0.250.760.74
0.660.670.690.460.730.630.540.340.730.410.650.30.140.410.650.520.650.3-0.120.670.550.520.290.750.57
0.840.880.690.60.850.870.760.510.90.450.80.140.350.450.670.610.760.68-0.160.940.720.76-0.160.860.74
0.890.610.460.60.720.630.360.970.650.550.910.70.740.550.890.690.650.27-0.050.60.80.6-0.010.520.74
0.90.850.730.850.720.860.830.710.810.320.90.510.660.320.680.40.840.61-0.50.840.950.64-0.250.690.56
0.880.980.630.870.630.860.720.570.720.640.770.160.40.640.690.550.90.8-0.270.940.730.92-0.320.750.69
0.680.780.540.760.360.830.720.330.580.00.690.190.50.00.410.170.790.79-0.590.80.760.49-0.420.550.36
0.820.510.340.510.970.710.570.330.580.40.860.780.850.40.750.520.560.22-0.20.480.840.47-0.140.370.56
0.770.730.730.90.650.810.720.580.580.430.790.280.350.430.660.610.610.35-0.120.80.70.590.080.870.72
0.580.620.410.450.550.320.640.00.40.430.410.03-0.021.00.680.670.560.290.340.570.20.850.20.550.77
0.970.780.650.80.910.90.770.690.860.790.410.610.730.410.880.630.820.48-0.230.790.920.63-0.090.690.74
0.50.150.30.140.70.510.160.190.780.280.030.610.830.030.490.120.29-0.1-0.350.120.70.040.09-0.010.2
0.650.380.140.350.740.660.40.50.850.35-0.020.730.83-0.020.480.130.480.31-0.550.360.860.22-0.380.080.25
0.580.620.410.450.550.320.640.00.40.431.00.410.03-0.020.680.670.560.290.340.570.20.850.20.550.77
0.910.720.650.670.890.680.690.410.750.660.680.880.490.480.680.830.780.370.140.720.650.720.20.710.91
0.680.540.520.610.690.40.550.170.520.610.670.630.120.130.670.830.50.240.510.580.320.640.310.710.87
0.90.940.650.760.650.840.90.790.560.610.560.820.290.480.560.780.50.77-0.310.910.750.84-0.220.690.71
0.60.820.30.680.270.610.80.790.220.350.290.48-0.10.310.290.370.240.77-0.410.780.520.74-0.590.450.42
-0.19-0.28-0.12-0.16-0.05-0.5-0.27-0.59-0.2-0.120.34-0.23-0.35-0.550.340.140.51-0.31-0.41-0.21-0.56-0.020.630.110.27
0.870.970.670.940.60.840.940.80.480.80.570.790.120.360.570.720.580.910.78-0.210.710.88-0.190.840.79
0.870.720.550.720.80.950.730.760.840.70.20.920.70.860.20.650.320.750.52-0.560.710.51-0.310.50.47
0.790.920.520.760.60.640.920.490.470.590.850.630.040.220.850.720.640.840.74-0.020.880.51-0.170.690.81
-0.13-0.250.29-0.16-0.01-0.25-0.32-0.42-0.140.080.2-0.090.09-0.380.20.20.31-0.22-0.590.63-0.19-0.31-0.170.120.23
0.730.760.750.860.520.690.750.550.370.870.550.69-0.010.080.550.710.710.690.450.110.840.50.690.120.79
0.80.740.570.740.740.560.690.360.560.720.770.740.20.250.770.910.870.710.420.270.790.470.810.230.79
Click cells to compare fundamentals

Playtech Plc Account Relationship Matchups

Playtech Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.1B3.7B3.0B3.3B3.5B
Short Long Term Debt Total1.0B1.3B1.1B633.4M732.9M576.6M
Other Current Liab563.8M621.9M3.9M330.7M395M414.8M
Total Current Liabilities777.2M822.7M835.1M756.4M598.7M338.1M
Total Stockholder Equity1.2B899.6M1.6B1.7B1.8B1.9B
Property Plant And Equipment Net450.6M423.8M403.5M413M421.2M442.3M
Current Deferred Revenue542.5M665.2M665.6M353.6M406.6M369.2M
Net Debt355.0M580.9M556.8M206.9M216.7M227.5M
Retained Earnings659.8M347.2M1.0B1.1B1.2B1.3B
Accounts Payable62.4M35.1M33.5M61.2M46M23.1M
Cash671.5M683.7M575.4M426.5M516.2M378.3M
Non Current Assets Total2.1B1.7B2.3B2.3B2.5B2.6B
Non Currrent Assets Other12.2M14.3M11.8M747.1M989.9M1.0B
Other Assets15.9M52.7M88.9M836.1M961.5M1.0B
Cash And Short Term Investments671.5M683.7M575.4M426.5M516.2M378.3M
Common Stock Shares Outstanding308.0M310.8M312.1M311.9M311.9M306.3M
Liabilities And Stockholders Equity3.1B3.1B3.7B3.0B3.3B3.5B
Non Current Liabilities Total1.1B1.3B1.2B565M920.9M966.9M
Other Current Assets178.0M562.6M594.5M127.2M119.8M113.9M
Total Liab1.9B2.2B2.1B1.3B1.5B770.5M
Property Plant And Equipment Gross445.0M417.3M613.3M650.3M692M726.6M
Total Current Assets1.0B1.4B1.4B723.1M849.9M569.8M
Accumulated Other Comprehensive Income(34.2M)(39.9M)(50.1M)(16.5M)(24.8M)(26.0M)
Short Term Debt25.7M21M(645.3M)231.4M24.9M23.7M
Intangible Assets614.3M463.3M397.6M371.1M391.5M261.9M
Other Liab201.7M97.4M98.2M124.1M142.7M87.8M
Net Receivables192.8M153.2M178.5M163.9M207.1M217.5M
Short Term Investments(3.2M)(37.8M)(71.2M)(721.4M)(649.3M)(616.8M)
Property Plant Equipment420.8M396.3M366.7M372.9M428.8M450.3M
Good Will885.6M633.9M648.5M609.8M529M397.6M
Long Term Debt935.6M1.2B1.0B348M646.1M565.5M
Net Tangible Assets(303.1M)(225.2M)498M680M612M642.6M
Treasury Stock(21.6M)(17.9M)(16.2M)(14.5M)(16.6M)(17.5M)

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