Playstudios Total Current Assets vs Short Term Debt Analysis

MYPS Stock

USD 2.37 0.01 0.42%

Playstudios financial indicator trend analysis is much more than just breaking down Playstudios prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playstudios is a good investment. Please check the relationship between Playstudios Total Current Assets and its Short Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Playstudios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Playstudios Stock please use our How to Invest in Playstudios guide.

Total Current Assets vs Short Term Debt

Total Current Assets vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playstudios Total Current Assets account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Playstudios' Total Current Assets and Short Term Debt is -0.35. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Short Term Debt in the same time period over historical financial statements of Playstudios, assuming nothing else is changed. The correlation between historical values of Playstudios' Total Current Assets and Short Term 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 Total Current Assets of Playstudios are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Total Current Assets i.e., Playstudios' Total Current Assets and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Debt

Most indicators from Playstudios' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playstudios 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Playstudios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Playstudios Stock please use our How to Invest in Playstudios guide.Tax Provision is likely to gain to about (2 M) in 2024. Selling General Administrative is likely to drop to about 39.7 M in 2024

	2021	2022	2023	2024 (projected)
Gross Profit	195.8M	204.9M	187.8M	203.7M
Total Revenue	287.4M	290.3M	310.9M	307.5M

Gross Profit Total Revenue

Playstudios fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Current Assets	Common Stock	Property Plant Equipment	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Total Liab	Intangible Assets	Warrants
Other Current Liab		0.9	-0.64	0.68	0.13	-0.45	0.7	0.86	0.48	0.71	0.67	0.58	0.58	0.7	0.65	0.43	-0.63	0.63	0.66	0.21	0.63	0.58	-0.23	0.88	0.79	-0.53
Total Current Liabilities	0.9		-0.73	0.81	0.04	-0.53	0.81	0.95	0.63	0.8	0.75	0.72	0.74	0.83	0.79	0.71	-0.67	0.7	0.85	0.21	0.7	0.76	-0.05	0.95	0.9	-0.53
Other Liab	-0.64	-0.73		-0.73	-0.39	0.0	-0.83	-0.68	-0.15	-0.76	-0.89	-0.72	-0.41	-0.82	-0.83	-0.35	0.92	-0.91	-0.6	-0.77	-0.91	-0.45	-0.07	-0.62	-0.66	0.37
Net Tangible Assets	0.68	0.81	-0.73		0.0	-0.53	0.9	0.9	0.72	0.93	0.87	0.95	0.91	0.96	0.94	0.79	-0.84	0.86	0.93	0.48	0.86	0.92	0.35	0.89	0.93	-0.73
Retained Earnings	0.13	0.04	-0.39	0.0		0.73	0.29	0.13	-0.18	0.3	0.43	-0.07	-0.32	0.21	0.26	-0.2	-0.44	0.43	-0.06	0.55	0.43	-0.33	-0.53	-0.01	-0.06	0.47
Accounts Payable	-0.45	-0.53	0.0	-0.53	0.73		-0.2	-0.52	-0.66	-0.26	-0.07	-0.43	-0.8	-0.32	-0.25	-0.61	0.02	-0.04	-0.56	0.41	-0.04	-0.79	-0.25	-0.61	-0.57	0.8
Other Assets	0.7	0.81	-0.83	0.9	0.29	-0.2		0.89	0.62	0.98	0.97	0.91	0.68	0.98	0.98	0.71	-0.92	0.95	0.89	0.63	0.95	0.7	0.26	0.85	0.91	-0.4
Net Receivables	0.86	0.95	-0.68	0.9	0.13	-0.52	0.89		0.78	0.92	0.83	0.8	0.83	0.92	0.88	0.79	-0.75	0.78	0.93	0.28	0.78	0.83	0.01	0.99	0.95	-0.56
Other Current Assets	0.48	0.63	-0.15	0.72	-0.18	-0.66	0.62	0.78		0.71	0.48	0.65	0.87	0.68	0.63	0.92	-0.35	0.41	0.86	-0.11	0.41	0.85	0.22	0.8	0.79	-0.46
Other Stockholder Equity	0.71	0.8	-0.76	0.93	0.3	-0.26	0.98	0.92	0.71		0.96	0.89	0.76	0.99	0.98	0.75	-0.9	0.93	0.91	0.57	0.93	0.76	0.19	0.88	0.91	-0.46
Total Current Assets	0.67	0.75	-0.89	0.87	0.43	-0.07	0.97	0.83	0.48	0.96		0.86	0.6	0.96	0.97	0.57	-0.98	0.99	0.79	0.76	0.99	0.62	0.17	0.77	0.82	-0.4
Common Stock	0.58	0.72	-0.72	0.95	-0.07	-0.43	0.91	0.8	0.65	0.89	0.86		0.82	0.93	0.93	0.75	-0.84	0.85	0.91	0.57	0.85	0.84	0.57	0.8	0.92	-0.64
Property Plant Equipment	0.58	0.74	-0.41	0.91	-0.32	-0.8	0.68	0.83	0.87	0.76	0.6	0.82		0.79	0.75	0.88	-0.54	0.57	0.9	0.1	0.57	1.0	0.38	0.86	0.88	-0.81
Total Assets	0.7	0.83	-0.82	0.96	0.21	-0.32	0.98	0.92	0.68	0.99	0.96	0.93	0.79		1.0	0.77	-0.91	0.94	0.93	0.59	0.94	0.8	0.27	0.88	0.94	-0.52
Total Stockholder Equity	0.65	0.79	-0.83	0.94	0.26	-0.25	0.98	0.88	0.63	0.98	0.97	0.93	0.75	1.0		0.74	-0.94	0.96	0.9	0.65	0.96	0.76	0.29	0.83	0.9	-0.48
Property Plant And Equipment Net	0.43	0.71	-0.35	0.79	-0.2	-0.61	0.71	0.79	0.92	0.75	0.57	0.75	0.88	0.77	0.74		-0.45	0.51	0.93	0.02	0.51	0.89	0.36	0.8	0.83	-0.45
Net Debt	-0.63	-0.67	0.92	-0.84	-0.44	0.02	-0.92	-0.75	-0.35	-0.9	-0.98	-0.84	-0.54	-0.91	-0.94	-0.45		-1.0	-0.7	-0.84	-1.0	-0.56	-0.2	-0.68	-0.75	0.44
Cash	0.63	0.7	-0.91	0.86	0.43	-0.04	0.95	0.78	0.41	0.93	0.99	0.85	0.57	0.94	0.96	0.51	-1.0		0.75	0.82	1.0	0.59	0.2	0.71	0.78	-0.41
Non Current Assets Total	0.66	0.85	-0.6	0.93	-0.06	-0.56	0.89	0.93	0.86	0.91	0.79	0.91	0.9	0.93	0.9	0.93	-0.7	0.75		0.28	0.75	0.92	0.33	0.93	0.97	-0.56
Non Currrent Assets Other	0.21	0.21	-0.77	0.48	0.55	0.41	0.63	0.28	-0.11	0.57	0.76	0.57	0.1	0.59	0.65	0.02	-0.84	0.82	0.28		0.82	0.12	0.28	0.19	0.33	-0.14
Cash And Short Term Investments	0.63	0.7	-0.91	0.86	0.43	-0.04	0.95	0.78	0.41	0.93	0.99	0.85	0.57	0.94	0.96	0.51	-1.0	1.0	0.75	0.82		0.59	0.2	0.71	0.78	-0.41
Good Will	0.58	0.76	-0.45	0.92	-0.33	-0.79	0.7	0.83	0.85	0.76	0.62	0.84	1.0	0.8	0.76	0.89	-0.56	0.59	0.92	0.12	0.59		0.4	0.86	0.88	-0.8
Common Stock Shares Outstanding	-0.23	-0.05	-0.07	0.35	-0.53	-0.25	0.26	0.01	0.22	0.19	0.17	0.57	0.38	0.27	0.29	0.36	-0.2	0.2	0.33	0.28	0.2	0.4		0.06	0.31	-0.36
Total Liab	0.88	0.95	-0.62	0.89	-0.01	-0.61	0.85	0.99	0.8	0.88	0.77	0.8	0.86	0.88	0.83	0.8	-0.68	0.71	0.93	0.19	0.71	0.86	0.06		0.96	-0.61
Intangible Assets	0.79	0.9	-0.66	0.93	-0.06	-0.57	0.91	0.95	0.79	0.91	0.82	0.92	0.88	0.94	0.9	0.83	-0.75	0.78	0.97	0.33	0.78	0.88	0.31	0.96		-0.62
Warrants	-0.53	-0.53	0.37	-0.73	0.47	0.8	-0.4	-0.56	-0.46	-0.46	-0.4	-0.64	-0.81	-0.52	-0.48	-0.45	0.44	-0.41	-0.56	-0.14	-0.41	-0.8	-0.36	-0.61	-0.62

Click cells to compare fundamentals

Playstudios Account Relationship Matchups

Playstudios fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	6.5M	29.1M	22.1M	11.2M	38.6M	21.1M
Total Current Liabilities	11.9M	33.8M	29.9M	34.2M	46.0M	32.4M
Other Liab	7.1M	4.6M	1.5M	3.9M	3.5M	3.6M
Net Tangible Assets	41.9M	50.6M	236.4M	302.3M	347.7M	365.0M
Retained Earnings	13.5M	23.8M	34.5M	16.8M	(2.6M)	(2.5M)
Accounts Payable	5.4M	4.7M	7.8M	4.4M	1.9M	1.8M
Other Assets	3.5M	5.0M	20.7M	18.6M	21.4M	11.3M
Net Receivables	14.2M	23.6M	22.8M	28.4M	33.9M	25.1M
Other Current Assets	4.8M	2.9M	413K	8.4M	8.1M	4.8M
Other Stockholder Equity	66.7M	71.8M	268.5M	285.7M	290.9M	180.3M
Total Current Assets	50.1M	77.8M	241.8M	176.0M	174.9M	140.3M
Property Plant Equipment	7.3M	6.2M	5.3M	17.5M	20.2M	21.2M

Pair Trading with Playstudios

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Playstudios position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Playstudios will appreciate offsetting losses from the drop in the long position's value.

Moving against Playstudios Stock

0.46

DDI

Doubledown InteractiveCo

Pair Corr

The ability to find closely correlated positions to Playstudios could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Playstudios when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Playstudios - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Playstudios to buy it.

The correlation of Playstudios is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Playstudios moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Playstudios moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Playstudios can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Playstudios is a strong investment it is important to analyze Playstudios' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Playstudios' future performance. For an informed investment choice regarding Playstudios Stock, refer to the following important reports:

How To Invest In Playstudios

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Is Playstudios Stock a good investment?

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What is Playstudios' Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Playstudios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Playstudios Stock please use our How to Invest in Playstudios guide.

You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Playstudios' price analysis, check to measure Playstudios' 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 Playstudios is operating at the current time. Most of Playstudios' value examination focuses on studying past and present price action to predict the probability of Playstudios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Playstudios' price. Additionally, you may evaluate how the addition of Playstudios to your portfolios can decrease your overall portfolio volatility.

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Is Playstudios' industry 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 Playstudios. If investors know Playstudios 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 Playstudios 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

0.028

Earnings Share

(0.13)

Revenue Per Share

2.306

Quarterly Revenue Growth

(0.03)

Return On Assets

(0.01)

The market value of Playstudios is measured differently than its book value, which is the value of Playstudios that is recorded on the company's balance sheet. Investors also form their own opinion of Playstudios' value that differs from its market value or its book value, called intrinsic value, which is Playstudios' 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 Playstudios' market value can be influenced by many factors that don't directly affect Playstudios' 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 Playstudios' value and its price as these two are different measures arrived at by different means. Investors typically determine if Playstudios is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playstudios' 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.

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Playstudios Total Current Assets vs Short Term Debt Analysis

Total Current Assets vs Short Term Debt

Total Current Assets vs Short Term Debt Correlation Analysis

Correlation Coefficient

Total Current Assets

Short Term Debt

Playstudios fundamental ratios Correlations

Playstudios Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Playstudios fundamental ratios Accounts

Pair Trading with Playstudios

Moving against Playstudios Stock

Complementary Tools for Playstudios Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Good Will	+ 1.0	Property Plant Equipment
Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Net Receivables
Total Assets	+ 0.99	Other Stockholder Equity
Cash	+ 0.99	Total Current Assets

Cash And Short Term Investments	- 1.0	Net Debt
Cash	- 1.0	Net Debt
Net Debt	- 0.98	Total Current Assets
Net Debt	- 0.94	Total Stockholder Equity
Net Debt	- 0.92	Other Assets
Net Debt	- 0.91	Total Assets