Playags Stock Current Ratio

AGS Stock

USD 11.99 0.04 0.33%

PlayAGS fundamentals help investors to digest information that contributes to PlayAGS's financial success or failures. It also enables traders to predict the movement of PlayAGS Stock. The fundamental analysis module provides a way to measure PlayAGS's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PlayAGS stock.

		Last Reported	Projected for Next Year
	Current Ratio	3.13	2.19

Current Ratio is likely to drop to 2.19 in 2025.

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PlayAGS Company Current Ratio Analysis

PlayAGS's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current PlayAGS Current Ratio

2.26 X

Most of PlayAGS's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PlayAGS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

PlayAGS Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for PlayAGS is extremely important. It helps to project a fair market value of PlayAGS Stock properly, considering its historical fundamentals such as Current Ratio. Since PlayAGS's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PlayAGS's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PlayAGS's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Current Deferred Revenue	Good Will	Short Term Debt	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Property Plant Equipment	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.46	0.98	-0.66	0.81	0.82	0.64	0.98	0.84	0.82	-0.8	0.89	0.98	0.93	-0.66	0.97	0.97	0.82	0.2	0.96	0.9	0.51	-0.01	0.64	0.41
Total Stockholder Equity	0.46		0.33	-0.07	0.4	0.43	0.26	0.29	0.41	0.41	-0.57	0.38	0.36	0.25	-0.14	0.24	0.24	0.47	0.19	0.25	0.53	0.21	0.11	0.34	0.17
Net Debt	0.98	0.33		-0.63	0.78	0.78	0.61	0.99	0.77	0.83	-0.82	0.89	0.97	0.94	-0.71	0.97	0.98	0.75	0.19	0.97	0.85	0.42	-0.06	0.56	0.4
Retained Earnings	-0.66	-0.07	-0.63		-0.59	-0.83	-0.75	-0.7	-0.86	-0.19	0.3	-0.49	-0.75	-0.79	0.36	-0.73	-0.73	-0.88	0.33	-0.68	-0.71	-0.66	0.22	-0.85	-0.61
Accounts Payable	0.81	0.4	0.78	-0.59		0.67	0.72	0.79	0.65	0.67	-0.62	0.65	0.79	0.65	-0.54	0.76	0.76	0.69	-0.09	0.72	0.86	0.41	0.15	0.42	0.1
Net Receivables	0.82	0.43	0.78	-0.83	0.67		0.71	0.8	0.92	0.39	-0.57	0.68	0.87	0.87	-0.53	0.79	0.79	0.96	-0.16	0.75	0.88	0.46	-0.14	0.81	0.69
Short Term Investments	0.64	0.26	0.61	-0.75	0.72	0.71		0.64	0.77	0.28	-0.51	0.35	0.66	0.67	-0.38	0.62	0.62	0.79	-0.22	0.57	0.62	0.61	-0.03	0.67	0.36
Total Liab	0.98	0.29	0.99	-0.7	0.79	0.8	0.64		0.82	0.8	-0.74	0.88	0.99	0.95	-0.68	0.99	0.99	0.79	0.17	0.99	0.86	0.5	-0.03	0.62	0.41
Total Current Assets	0.84	0.41	0.77	-0.86	0.65	0.92	0.77	0.82		0.39	-0.59	0.67	0.87	0.89	-0.4	0.81	0.81	0.97	-0.15	0.77	0.8	0.76	-0.04	0.94	0.62
Intangible Assets	0.82	0.41	0.83	-0.19	0.67	0.39	0.28	0.8	0.39		-0.74	0.78	0.74	0.63	-0.64	0.78	0.77	0.37	0.54	0.81	0.66	0.17	0.07	0.14	0.0
Common Stock	-0.8	-0.57	-0.82	0.3	-0.62	-0.57	-0.51	-0.74	-0.59	-0.74		-0.72	-0.72	-0.69	0.51	-0.7	-0.7	-0.56	-0.16	-0.7	-0.63	-0.34	0.05	-0.43	-0.28
Current Deferred Revenue	0.89	0.38	0.89	-0.49	0.65	0.68	0.35	0.88	0.67	0.78	-0.72		0.88	0.82	-0.74	0.87	0.87	0.64	0.27	0.88	0.76	0.36	-0.11	0.51	0.39
Good Will	0.98	0.36	0.97	-0.75	0.79	0.87	0.66	0.99	0.87	0.74	-0.72	0.88		0.96	-0.68	0.98	0.98	0.86	0.13	0.97	0.91	0.51	-0.09	0.69	0.5
Short Term Debt	0.93	0.25	0.94	-0.79	0.65	0.87	0.67	0.95	0.89	0.63	-0.69	0.82	0.96		-0.59	0.96	0.96	0.86	0.11	0.94	0.8	0.56	-0.16	0.76	0.6
Net Tangible Assets	-0.66	-0.14	-0.71	0.36	-0.54	-0.53	-0.38	-0.68	-0.4	-0.64	0.51	-0.74	-0.68	-0.59		-0.7	-0.7	-0.39	-0.27	-0.7	-0.59	-0.01	0.35	-0.21	-0.35
Long Term Debt	0.97	0.24	0.97	-0.73	0.76	0.79	0.62	0.99	0.81	0.78	-0.7	0.87	0.98	0.96	-0.7		1.0	0.78	0.16	0.99	0.85	0.52	-0.12	0.64	0.45
Long Term Debt Total	0.97	0.24	0.98	-0.73	0.76	0.79	0.62	0.99	0.81	0.77	-0.7	0.87	0.98	0.96	-0.7	1.0		0.78	0.16	0.99	0.85	0.51	-0.12	0.64	0.45
Capital Surpluse	0.82	0.47	0.75	-0.88	0.69	0.96	0.79	0.79	0.97	0.37	-0.56	0.64	0.86	0.86	-0.39	0.78	0.78		-0.18	0.74	0.86	0.66	-0.08	0.9	0.64
Deferred Long Term Liab	0.2	0.19	0.19	0.33	-0.09	-0.16	-0.22	0.17	-0.15	0.54	-0.16	0.27	0.13	0.11	-0.27	0.16	0.16	-0.18		0.25	-0.05	-0.22	0.04	-0.28	-0.19
Short Long Term Debt	0.96	0.25	0.97	-0.68	0.72	0.75	0.57	0.99	0.77	0.81	-0.7	0.88	0.97	0.94	-0.7	0.99	0.99	0.74	0.25		0.82	0.49	-0.12	0.6	0.43
Property Plant Equipment	0.9	0.53	0.85	-0.71	0.86	0.88	0.62	0.86	0.8	0.66	-0.63	0.76	0.91	0.8	-0.59	0.85	0.85	0.86	-0.05	0.82		0.39	-0.04	0.62	0.45
Cash And Equivalents	0.51	0.21	0.42	-0.66	0.41	0.46	0.61	0.5	0.76	0.17	-0.34	0.36	0.51	0.56	-0.01	0.52	0.51	0.66	-0.22	0.49	0.39		0.1	0.84	0.3
Net Invested Capital	-0.01	0.11	-0.06	0.22	0.15	-0.14	-0.03	-0.03	-0.04	0.07	0.05	-0.11	-0.09	-0.16	0.35	-0.12	-0.12	-0.08	0.04	-0.12	-0.04	0.1		-0.18	-0.71
Net Working Capital	0.64	0.34	0.56	-0.85	0.42	0.81	0.67	0.62	0.94	0.14	-0.43	0.51	0.69	0.76	-0.21	0.64	0.64	0.9	-0.28	0.6	0.62	0.84	-0.18		0.71
Capital Stock	0.41	0.17	0.4	-0.61	0.1	0.69	0.36	0.41	0.62	0.0	-0.28	0.39	0.5	0.6	-0.35	0.45	0.45	0.64	-0.19	0.43	0.45	0.3	-0.71	0.71

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PlayAGS Current Ratio Historical Pattern

Today, most investors in PlayAGS Stock are looking for potential investment opportunities by analyzing not only static indicators but also various PlayAGS's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of PlayAGS current ratio as a starting point in their analysis.

PlayAGS Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict PlayAGS

Current Ratio Over Time

PlayAGS Price To Sales Ratio

Price To Sales Ratio

0.99

At this time, PlayAGS's Price To Sales Ratio is comparatively stable compared to the past year.

In accordance with the recently published financial statements, PlayAGS has a Current Ratio of 2.26 times. This indicator is about the same for the Hotels, Restaurants & Leisure average (which is currently at 2.27) sector and 23.5% higher than that of the Consumer Discretionary industry. The current ratio for all United States stocks is 4.63% lower than that of the firm.

PlayAGS Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PlayAGS's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PlayAGS could also be used in its relative valuation, which is a method of valuing PlayAGS by comparing valuation metrics of similar companies.

PlayAGS is currently under evaluation in current ratio category among its peers.

PlayAGS ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PlayAGS's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PlayAGS's managers, analysts, and investors.

Environmental

Governance

Social

PlayAGS Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0635
	Profit Margin	0.02 %
	Operating Margin	0.18 %
	Current Valuation	992.61 M
	Shares Outstanding	40.93 M
	Shares Owned By Insiders	3.88 %
	Shares Owned By Institutions	78.74 %
	Number Of Shares Shorted	682.62 K
	Price To Earning	(33.74) X
	Price To Book	6.93 X
	Price To Sales	1.28 X
	Revenue	356.54 M
	Gross Profit	270.6 M
	EBITDA	142.31 M
	Net Income	428 K
	Cash And Equivalents	37.89 M
	Cash Per Share	1.27 X
	Total Debt	564.98 M
	Current Ratio	2.26 X
	Book Value Per Share	1.74 X
	Cash Flow From Operations	86.2 M
	Short Ratio	2.72 X
	Earnings Per Share	0.17 X
	Price To Earnings To Growth	(0.29) X
	Target Price	12.5
	Number Of Employees	883
	Beta	2.35
	Market Capitalization	492.76 M
	Total Asset	680.34 M
	Retained Earnings	(353.04 M)
	Working Capital	117.79 M
	Current Asset	51.74 M
	Current Liabilities	45.78 M
	Net Asset	680.34 M

About PlayAGS Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PlayAGS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PlayAGS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PlayAGS based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for PlayAGS Stock Analysis

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

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