Playstudios Total Current Assets vs Cash And Short Term Investments Analysis

MYPS Stock

USD 2.00 0.12 5.66%

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 Cash And Short Term Investments 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 closely tied 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 Cash And Short Term Investments

Total Current Assets vs Cash And Short Term Investments 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 Cash And Short Term Investments. At this time, the significance of the direction appears to have totally related.

The correlation between Playstudios' Total Current Assets and Cash And Short Term Investments is 0.99. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Cash And Short Term Investments 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 Cash And Short Term Investments 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 Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Total Current Assets i.e., Playstudios' Total Current Assets and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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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.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Playstudios balance sheet. This account contains Playstudios investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Playstudios fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 closely tied 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	233.1M	213.7M
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		0.95	-0.68	0.77	0.2	-0.46	0.77	0.95	0.71	0.8	0.75	0.63	0.68	0.79	0.75	0.58	-0.68	0.7	0.77	0.22	0.7	0.67	-0.24	0.94	0.84	-0.52
Total Current Liabilities	0.95		-0.73	0.81	0.04	-0.53	0.81	0.95	0.7	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	-0.68	-0.73		-0.73	-0.39	0.0	-0.83	-0.68	-0.5	-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	0.77	0.81	-0.73		0.0	-0.53	0.9	0.9	0.84	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	0.2	0.04	-0.39	0.0		0.73	0.29	0.13	0.24	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	-0.46	-0.53	0.0	-0.53	0.73		-0.2	-0.52	-0.37	-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	0.77	0.81	-0.83	0.9	0.29	-0.2		0.89	0.8	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	0.95	0.95	-0.68	0.9	0.13	-0.52	0.89		0.87	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	0.71	0.7	-0.5	0.84	0.24	-0.37	0.8	0.87		0.89	0.77	0.72	0.8	0.86	0.84	0.87	-0.67	0.71	0.88	0.27	0.71	0.79	0.07	0.81	0.8	-0.38
Other Stockholder Equity	0.8	0.8	-0.76	0.93	0.3	-0.26	0.98	0.92	0.89		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	0.75	0.75	-0.89	0.87	0.43	-0.07	0.97	0.83	0.77	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	0.63	0.72	-0.72	0.95	-0.07	-0.43	0.91	0.8	0.72	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	0.68	0.74	-0.41	0.91	-0.32	-0.8	0.68	0.83	0.8	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	0.79	0.83	-0.82	0.96	0.21	-0.32	0.98	0.92	0.86	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	0.75	0.79	-0.83	0.94	0.26	-0.25	0.98	0.88	0.84	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	0.58	0.71	-0.35	0.79	-0.2	-0.61	0.71	0.79	0.87	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	-0.68	-0.67	0.92	-0.84	-0.44	0.02	-0.92	-0.75	-0.67	-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	0.7	0.7	-0.91	0.86	0.43	-0.04	0.95	0.78	0.71	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	0.77	0.85	-0.6	0.93	-0.06	-0.56	0.89	0.93	0.88	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	0.22	0.21	-0.77	0.48	0.55	0.41	0.63	0.28	0.27	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	0.7	0.7	-0.91	0.86	0.43	-0.04	0.95	0.78	0.71	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	0.67	0.76	-0.45	0.92	-0.33	-0.79	0.7	0.83	0.79	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	-0.24	-0.05	-0.07	0.35	-0.53	-0.25	0.26	0.01	0.07	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	0.94	0.95	-0.62	0.89	-0.01	-0.61	0.85	0.99	0.81	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	0.84	0.9	-0.66	0.93	-0.06	-0.57	0.91	0.95	0.8	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	-0.52	-0.53	0.37	-0.73	0.47	0.8	-0.4	-0.56	-0.38	-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

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Playstudios Account Relationship Matchups

Playstudios fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	6.5M	29.1M	20.9M	19.9M	34.4M	21.7M
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	5.3M	5.5M	13.6M	8.1M	7.1M
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

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