0LCX Stock | | | 187.61 0.07 0.04% |
Take Two financial indicator trend analysis is much more than just breaking down Take Two Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Take Two Interactive is a good investment. Please check the relationship between Take Two Other Current Assets and its Non Current Assets Total accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. 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.
Other Current Assets vs Non Current Assets Total
Other Current Assets vs Non Current Assets Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Take Two Interactive Other Current Assets account and
Non Current Assets Total. At this time, the significance of the direction appears to have very week relationship.
The correlation between Take Two's Other Current Assets and Non Current Assets Total is 0.29. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Take Two Interactive Software, assuming nothing else is changed. The correlation between historical values of Take Two's Other Current Assets and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Take Two Interactive Software are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Other Current Assets i.e., Take Two's Other Current Assets and Non Current Assets Total go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Take Two's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Take Two Interactive 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. 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 107.4
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 135.1
M in 2024.
Take Two fundamental ratios Correlations
Click cells to compare fundamentals
Take Two Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Take Two fundamental ratios Accounts
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measure Take Two'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 Take Two is operating at the current time. Most of Take Two's value examination focuses on studying past and present price action to
predict the probability of Take Two's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Take Two's price. Additionally, you may evaluate how the addition of Take Two to your portfolios can decrease your overall portfolio volatility.