Playgon Average Inventory vs Capex To Revenue Analysis

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Playgon Games financial indicator trend analysis is much more than just breaking down Playgon Games prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playgon Games is a good investment. Please check the relationship between Playgon Games Average Inventory and its Capex To Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Playgon Games. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Average Inventory vs Capex To Revenue

Average Inventory vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playgon Games Average Inventory account and Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Playgon Games' Average Inventory and Capex To Revenue is -0.65. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Playgon Games, assuming nothing else is changed. The correlation between historical values of Playgon Games' Average Inventory and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Playgon Games are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Average Inventory i.e., Playgon Games' Average Inventory and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.65

Relationship Direction	Negative
Relationship Strength	Weak

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Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Playgon Games' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playgon Games 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Playgon Games. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Playgon Games' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 27.3 M in 2024, despite the fact that Tax Provision is likely to grow to (423.9 K).

Playgon Games fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Net Tangible Assets	Intangible Assets	Property Plant Equipment	Net Invested Capital	Net Working Capital
Total Assets		0.22	0.48	0.27	0.5	0.83	-0.1	-0.37	0.41	0.66	0.92	0.07	0.66	0.47	0.51	0.06	0.93	-0.5	0.19	0.74	0.56	-0.15	0.4	0.59	0.72	-0.04
Short Long Term Debt Total	0.22		0.93	0.96	-0.7	0.45	0.92	-0.88	0.9	-0.23	0.37	0.33	-0.22	0.87	0.86	0.86	0.28	-0.48	0.96	-0.11	0.84	0.17	0.11	0.85	-0.29	-0.92
Other Current Liab	0.48	0.93		0.94	-0.48	0.72	0.78	-0.94	0.92	0.03	0.57	0.23	0.03	0.94	0.96	0.78	0.57	-0.63	0.91	0.16	0.96	0.16	0.25	0.97	-0.02	-0.79
Total Current Liabilities	0.27	0.96	0.94		-0.67	0.53	0.89	-0.96	0.97	-0.16	0.4	0.09	-0.16	0.92	0.94	0.82	0.35	-0.6	0.97	-0.04	0.91	0.05	0.25	0.9	-0.29	-0.95
Total Stockholder Equity	0.5	-0.7	-0.48	-0.67		0.16	-0.89	0.56	-0.53	0.62	0.33	-0.13	0.62	-0.42	-0.44	-0.77	0.37	0.11	-0.75	0.58	-0.38	-0.18	0.13	-0.35	0.78	0.79
Property Plant And Equipment Net	0.83	0.45	0.72	0.53	0.16		0.23	-0.65	0.63	0.35	0.86	-0.02	0.35	0.68	0.73	0.29	0.93	-0.73	0.45	0.47	0.78	-0.03	0.45	0.83	0.58	-0.3
Net Debt	-0.1	0.92	0.78	0.89	-0.89	0.23		-0.79	0.81	-0.5	0.12	0.25	-0.5	0.69	0.72	0.91	0.04	-0.35	0.94	-0.41	0.68	0.09	0.06	0.69	-0.5	-0.91
Retained Earnings	-0.37	-0.88	-0.94	-0.96	0.56	-0.65	-0.79		-0.96	0.02	-0.46	0.04	0.01	-0.94	-0.99	-0.76	-0.5	0.65	-0.92	-0.11	-0.97	0.01	-0.38	-0.95	0.19	0.87
Accounts Payable	0.41	0.9	0.92	0.97	-0.53	0.63	0.81	-0.96		-0.09	0.55	0.04	-0.09	0.93	0.96	0.77	0.51	-0.59	0.92	0.04	0.95	-0.17	0.46	0.92	-0.19	-0.91
Cash	0.66	-0.23	0.03	-0.16	0.62	0.35	-0.5	0.02	-0.09		0.33	-0.13	1.0	0.04	0.1	-0.19	0.49	-0.21	-0.19	0.99	0.15	0.12	0.04	0.11	0.55	0.37
Non Current Assets Total	0.92	0.37	0.57	0.4	0.33	0.86	0.12	-0.46	0.55	0.33		0.16	0.33	0.55	0.57	0.17	0.91	-0.54	0.32	0.44	0.61	-0.23	0.45	0.67	0.64	-0.22
Non Currrent Assets Other	0.07	0.33	0.23	0.09	-0.13	-0.02	0.25	0.04	0.04	-0.13	0.16		-0.13	0.1	0.01	0.32	0.02	0.39	0.2	-0.11	0.02	0.23	-0.17	0.07	0.02	-0.04
Cash And Short Term Investments	0.66	-0.22	0.03	-0.16	0.62	0.35	-0.5	0.01	-0.09	1.0	0.33	-0.13		0.04	0.11	-0.18	0.49	-0.21	-0.18	0.99	0.16	0.12	0.04	0.11	0.55	0.37
Net Receivables	0.47	0.87	0.94	0.92	-0.42	0.68	0.69	-0.94	0.93	0.04	0.55	0.1	0.04		0.96	0.63	0.54	-0.54	0.83	0.17	0.95	-0.03	0.44	0.92	-0.12	-0.82
Common Stock Shares Outstanding	0.51	0.86	0.96	0.94	-0.44	0.73	0.72	-0.99	0.96	0.1	0.57	0.01	0.11	0.96		0.73	0.6	-0.67	0.89	0.24	1.0	-0.02	0.41	0.97	-0.07	-0.81
Non Current Liabilities Total	0.06	0.86	0.78	0.82	-0.77	0.29	0.91	-0.76	0.77	-0.19	0.17	0.32	-0.18	0.63	0.73		0.17	-0.33	0.94	-0.1	0.71	0.12	0.05	0.7	-0.38	-0.78
Other Current Assets	0.93	0.28	0.57	0.35	0.37	0.93	0.04	-0.5	0.51	0.49	0.91	0.02	0.49	0.54	0.6	0.17		-0.55	0.29	0.6	0.66	-0.24	0.56	0.69	0.64	-0.13
Other Stockholder Equity	-0.5	-0.48	-0.63	-0.6	0.11	-0.73	-0.35	0.65	-0.59	-0.21	-0.54	0.39	-0.21	-0.54	-0.67	-0.33	-0.55		-0.51	-0.3	-0.67	-0.25	-0.02	-0.75	-0.37	0.45
Total Liab	0.19	0.96	0.91	0.97	-0.75	0.45	0.94	-0.92	0.92	-0.19	0.32	0.2	-0.18	0.83	0.89	0.94	0.29	-0.51		-0.07	0.86	0.09	0.16	0.86	-0.34	-0.91
Total Current Assets	0.74	-0.11	0.16	-0.04	0.58	0.47	-0.41	-0.11	0.04	0.99	0.44	-0.11	0.99	0.17	0.24	-0.1	0.6	-0.3	-0.07		0.29	0.09	0.14	0.25	0.57	0.27
Common Stock	0.56	0.84	0.96	0.91	-0.38	0.78	0.68	-0.97	0.95	0.15	0.61	0.02	0.16	0.95	1.0	0.71	0.66	-0.67	0.86	0.29		-0.04	0.44	0.98	-0.01	-0.77
Net Tangible Assets	-0.15	0.17	0.16	0.05	-0.18	-0.03	0.09	0.01	-0.17	0.12	-0.23	0.23	0.12	-0.03	-0.02	0.12	-0.24	-0.25	0.09	0.09	-0.04		-0.82	0.05	0.14	0.06
Intangible Assets	0.4	0.11	0.25	0.25	0.13	0.45	0.06	-0.38	0.46	0.04	0.45	-0.17	0.04	0.44	0.41	0.05	0.56	-0.02	0.16	0.14	0.44	-0.82		0.36	-0.02	-0.23
Property Plant Equipment	0.59	0.85	0.97	0.9	-0.35	0.83	0.69	-0.95	0.92	0.11	0.67	0.07	0.11	0.92	0.97	0.7	0.69	-0.75	0.86	0.25	0.98	0.05	0.36		0.11	-0.74
Net Invested Capital	0.72	-0.29	-0.02	-0.29	0.78	0.58	-0.5	0.19	-0.19	0.55	0.64	0.02	0.55	-0.12	-0.07	-0.38	0.64	-0.37	-0.34	0.57	-0.01	0.14	-0.02	0.11		0.51
Net Working Capital	-0.04	-0.92	-0.79	-0.95	0.79	-0.3	-0.91	0.87	-0.91	0.37	-0.22	-0.04	0.37	-0.82	-0.81	-0.78	-0.13	0.45	-0.91	0.27	-0.77	0.06	-0.23	-0.74	0.51

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Playgon Games Account Relationship Matchups

Playgon Games fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	253.4K	13.7M	17.1M	8.2M	5.5M	3.0M
Other Current Liab	35.1K	288.8K	567.5K	687.6K	790.7K	830.3K
Total Current Liabilities	1.4M	3.4M	2.5M	9.7M	11.3M	11.9M
Total Stockholder Equity	(1.2M)	9.1M	13.8M	(2.4M)	(15.4M)	(14.6M)
Property Plant And Equipment Net	1.2K	1.1M	1.6M	849.0K	684.0K	718.2K
Net Debt	209.7K	1.3M	(4.6M)	6.7M	15.6M	16.4M
Retained Earnings	(23.6M)	(30.0M)	(44.9M)	(61.7M)	(78.2M)	(74.3M)
Accounts Payable	1.1M	2.2M	1.4M	3.0M	3.5M	3.7M
Cash	90.3K	781.5K	5.9M	206.8K	208.4K	198.0K
Non Current Assets Total	1.2K	12.1M	10.1M	7.3M	4.7M	2.9M
Cash And Short Term Investments	90.3K	781.5K	5.9M	206.8K	237.8K	225.9K
Net Receivables	88.4K	141.6K	243.8K	424.5K	327.0K	343.4K
Common Stock Shares Outstanding	69.5M	130.4M	213.4M	253.3M	288.6M	303.0M
Liabilities And Stockholders Equity	253.4K	13.7M	17.1M	8.2M	9.4M	9.9M
Non Current Liabilities Total	0.0	1.2M	749.6K	920K	9.6M	10.1M
Other Current Assets	67.9K	605.0K	773.9K	250.8K	288.4K	172.4K
Other Stockholder Equity	1.0M	1.7M	1.4M	21.5K	24.7K	23.5K
Total Liab	1.4M	4.6M	3.3M	10.6M	20.9M	21.9M
Total Current Assets	252.2K	1.5M	6.9M	882.1K	797.0K	972.5K
Common Stock	19.5M	21.0M	36.1M	54.5M	62.7M	65.8M
Net Tangible Assets	(171.0K)	(1.2M)	(1.9M)	5.3M	4.8M	5.0M
Property Plant Equipment	13.6K	1.2K	1.1M	1.6M	1.9M	2.0M
Net Invested Capital	(887.1K)	11.1M	14.5M	4.3M	418.2K	397.3K
Net Working Capital	(1.2M)	(1.9M)	4.4M	(8.8M)	(10.5M)	(10.0M)

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