International Game Financials

IGT Stock  USD 18.99  0.24  1.28%   
Based on the measurements of operating efficiency obtained from International Game's historical financial statements, International Game Technology may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, International Game's Short Term Investments are comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 2.2 B in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 1 B in 2024. Key indicators impacting International Game's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.13.93
Way Down
Slightly volatile
Current Ratio0.821.2401
Way Down
Slightly volatile
The financial analysis of International Game is a critical element in measuring its lifeblood. Investors should not minimize International Game's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

684.06 Million

  
Understanding current and past International Game Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of International Game's financial statements are interrelated, with each one affecting the others. For example, an increase in International Game's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in International Game's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of International Game Technology. Check International Game's Beneish M Score to see the likelihood of International Game's management manipulating its earnings.

International Game Stock Summary

International Game competes with Genius Sports, Gan, Ballys Corp, and Hims Hers. International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. International Game Technology PLC is a subsidiary of De Agostini S.p.A. International Game operates under Gambling classification in the United States and is traded on New York Stock Exchange. It employs 10393 people.
Specialization
Consumer Discretionary, Consumer Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINGB00BVG7F061
CUSIPG4863A108
LocationUnited Kingdom
Business Address10 Finsbury Square,
SectorHotels, Restaurants & Leisure
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websitewww.igt.com
Phone44 2038 661 240
CurrencyUSD - US Dollar

International Game Key Financial Ratios

International Game Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets13.6B13.0B11.3B10.4B10.5B10.2B
Other Current Liab814.3M929.6M508M767M626M661.2M
Net Debt7.7B7.6B6.2B5.5B5.4B4.7B
Retained Earnings(1.0B)(1.9B)(1.4B)(2.1B)(1.0B)(957.6M)
Accounts Payable1.1B1.1B1.0B731M797M1.0B
Cash662.9M907.0M591M590M572M519.1M
Net Receivables1.0B1.2B1.1B1.0B965M1.0B
Inventory161.8M169.2M183M254M317M198.6M
Other Current Assets571.9M933.3M591M254M269M257.2M
Total Liab11.2B11.4B9.4B8.6B8.5B7.7B
Total Current Assets2.6B3.4B2.5B2.0B2.1B2.1B
Short Term Debt465.3M437M91M108M63M59.9M
Intangible Assets1.8B1.6B1.4B1.4B1.6B1.7B
Common Stock20.4M20.4M20.5M21M18.9M18.0M
Good Will5.5B4.7B4.7B4.6B4.5B5.1B
Other Assets1.1B294.5M(3M)3M(1M)(950K)
Long Term Debt7.6B7.9B6.5B5.7B5.7B5.7B
Long Term Debt Total7.6B7.9B6.5B5.7B5.1B5.9B
Capital Surpluse2.4B2.3B2.3B2.2B2.0B2.0B
Cash And Equivalents662.9M907.0M591M590M678.5M684.1M
Other Liab782.5M662.1M664M655M589.5M598.2M
Net Tangible Assets(6.6B)(7.0B)(5.9B)(5.3B)(6.1B)(6.4B)
Net Invested Capital9.7B9.0B7.8B7.2B7.1B7.0B
Short Long Term Debt465.3M393.2M52M61M16M15.2M

International Game Key Income Statement Accounts

The reason investors look at the income statement is to determine what International Game's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense410.1M397.9M341M304M311M283.0M
Total Revenue4.8B3.1B4.1B4.2B4.3B3.6B
Gross Profit1.9B1.1B2.0B2.0B2.1B1.5B
Operating Income637.1M200.2M902M603M1.0B543.1M
Ebit637.1M(429.8M)883M891M862M563.7M
Ebitda1.5B136.4M1.4B1.6B1.6B1.1B
Cost Of Revenue2.9B2.0B2.1B2.2B2.2B2.1B
Income Before Tax284.8M(847.7M)529M525M629M660.5M
Net Income111.7M(875.4M)255M275M156M163.8M
Income Tax Expense173.1M27.7M274M175M322M338.1M
Research Development266.2M190.9M238M254M234M246.4M
Tax Provision173.1M27.7M274M175M322M163.8M
Interest Income13.3M15.0M275M325M25M23.8M
Net Interest Income(410.1M)(397.9M)(341M)(289M)(286M)(300.3M)
Minority Interest(130.7M)(59.2M)(188M)(139M)(151M)(158.6M)

International Game Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash382.5M235.0M(321M)(1M)(1.2M)(1.2M)
Free Cash Flow651.1M610.9M740M681M641M388.6M
Depreciation713.5M776.6M742M732M523M578.2M
Other Non Cash Items257.7M923.6M11M103M296M291.0M
Capital Expenditures442.1M254.7M238M317M399M462.3M
Net Income111.7M(875.4M)255M351M307M322.4M
End Period Cash Flow894.3M1.1B808M590M739M500.5M
Dividends Paid163.5M40.9M41M161M160M137.9M
Change To Inventory84.5M16.6M(13M)(65M)(59M)(56.1M)
Investments(312.2M)(268.6M)636M168M(393M)(373.4M)
Net Borrowings(220.2M)57.3M(203.4M)(1.6B)(1.4B)(1.3B)
Change To Netincome185.6M839.7M(162M)130M117M111.2M

International Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining International Game's current stock value. Our valuation model uses many indicators to compare International Game value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across International Game competition to find correlations between indicators driving International Game's intrinsic value. More Info.
International Game Technology is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.58  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for International Game Technology is roughly  1.74 . At this time, International Game's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value International Game by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

International Game Systematic Risk

International Game's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. International Game volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on International Game correlated with the market. If Beta is less than 0 International Game generally moves in the opposite direction as compared to the market. If International Game Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one International Game is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of International Game is generally in the same direction as the market. If Beta > 1 International Game moves generally in the same direction as, but more than the movement of the benchmark.

International Game Thematic Clasifications

International Game Technology is part of several thematic ideas from Gambling to Entertainment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in International Game Stock are looking for potential investment opportunities by analyzing not only static indicators but also various International Game's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of International Game growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.87)

At this time, International Game's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

International Game November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of International Game help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of International Game Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of International Game Technology based on widely used predictive technical indicators. In general, we focus on analyzing International Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build International Game's daily price indicators and compare them against related drivers.

Additional Tools for International Stock Analysis

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