PLAYSTUDIOS Average Inventory vs Ptb Ratio Analysis

MYPSW Stock  USD 0.02  0  8.24%   
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 Average Inventory and its Ptb Ratio 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 state.
For more information on how to buy PLAYSTUDIOS Stock please use our How to Invest in PLAYSTUDIOS guide.

Average Inventory vs Ptb Ratio

Average Inventory vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PLAYSTUDIOS Average Inventory account and Ptb Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PLAYSTUDIOS's Average Inventory and Ptb Ratio is 0.53. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of PLAYSTUDIOS, assuming nothing else is changed. The correlation between historical values of PLAYSTUDIOS's Average Inventory and Ptb Ratio 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 PLAYSTUDIOS are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Average Inventory i.e., PLAYSTUDIOS's Average Inventory and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

0.53
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from PLAYSTUDIOS's 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 state.
For more information on how to buy PLAYSTUDIOS Stock please use our How to Invest in PLAYSTUDIOS guide.Tax Provision is likely to climb 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)
Interest Expense235K1.9M2.2M2.3M
Depreciation And Amortization27.4M35.6M45.3M34.7M

PLAYSTUDIOS fundamental ratios Correlations

0.810.891.00.77-0.91-0.1-0.390.940.930.59-0.520.940.920.80.270.771.00.880.960.940.93-0.52-0.52-0.520.62
0.810.980.760.59-0.7-0.14-0.560.710.780.24-0.570.710.950.71-0.220.550.760.940.760.840.65-0.57-0.57-0.570.7
0.890.980.850.71-0.76-0.17-0.570.780.870.3-0.580.780.990.79-0.080.680.860.970.820.910.75-0.58-0.58-0.580.71
1.00.760.850.74-0.94-0.04-0.320.960.90.65-0.480.960.880.760.290.761.00.830.980.90.93-0.48-0.48-0.480.56
0.770.590.710.74-0.45-0.45-0.650.510.930.02-0.450.510.80.890.360.940.780.80.580.830.75-0.45-0.45-0.450.59
-0.91-0.7-0.76-0.94-0.45-0.170.1-1.0-0.7-0.840.44-1.0-0.75-0.56-0.2-0.53-0.91-0.68-0.99-0.75-0.830.440.440.44-0.43
-0.1-0.14-0.17-0.04-0.45-0.170.880.16-0.360.440.710.16-0.26-0.62-0.52-0.21-0.1-0.340.11-0.37-0.350.710.710.71-0.72
-0.39-0.56-0.57-0.32-0.650.10.88-0.12-0.620.350.82-0.12-0.62-0.83-0.23-0.48-0.37-0.68-0.19-0.63-0.50.820.820.82-0.83
0.940.710.780.960.51-1.00.16-0.120.750.82-0.411.00.780.590.20.580.940.711.00.780.85-0.41-0.41-0.410.44
0.930.780.870.90.93-0.7-0.36-0.620.750.28-0.560.750.930.920.330.870.930.930.80.970.9-0.56-0.56-0.560.73
0.590.240.30.650.02-0.840.440.350.820.28-0.140.820.280.120.280.160.60.190.770.330.57-0.14-0.14-0.140.04
-0.52-0.57-0.58-0.48-0.450.440.710.82-0.41-0.56-0.14-0.41-0.61-0.8-0.36-0.36-0.5-0.61-0.45-0.62-0.671.01.01.0-0.8
0.940.710.780.960.51-1.00.16-0.121.00.750.82-0.410.780.590.20.580.940.711.00.780.85-0.41-0.41-0.410.44
0.920.950.990.880.8-0.75-0.26-0.620.780.930.28-0.610.780.860.040.750.890.990.830.950.82-0.61-0.61-0.610.74
0.80.710.790.760.89-0.56-0.62-0.830.590.920.12-0.80.590.860.40.820.80.860.640.880.85-0.8-0.8-0.80.79
0.27-0.22-0.080.290.36-0.2-0.52-0.230.20.330.28-0.360.20.040.40.240.330.060.190.310.57-0.36-0.36-0.360.36
0.770.550.680.760.94-0.53-0.21-0.480.580.870.16-0.360.580.750.820.240.780.710.640.730.69-0.36-0.36-0.360.36
1.00.760.861.00.78-0.91-0.1-0.370.940.930.6-0.50.940.890.80.330.780.860.960.930.94-0.5-0.5-0.50.61
0.880.940.970.830.8-0.68-0.34-0.680.710.930.19-0.610.710.990.860.060.710.860.770.960.8-0.61-0.61-0.610.81
0.960.760.820.980.58-0.990.11-0.191.00.80.77-0.451.00.830.640.190.640.960.770.820.87-0.45-0.45-0.450.48
0.940.840.910.90.83-0.75-0.37-0.630.780.970.33-0.620.780.950.880.310.730.930.960.820.92-0.62-0.62-0.620.83
0.930.650.750.930.75-0.83-0.35-0.50.850.90.57-0.670.850.820.850.570.690.940.80.870.92-0.67-0.67-0.670.74
-0.52-0.57-0.58-0.48-0.450.440.710.82-0.41-0.56-0.141.0-0.41-0.61-0.8-0.36-0.36-0.5-0.61-0.45-0.62-0.671.01.0-0.8
-0.52-0.57-0.58-0.48-0.450.440.710.82-0.41-0.56-0.141.0-0.41-0.61-0.8-0.36-0.36-0.5-0.61-0.45-0.62-0.671.01.0-0.8
-0.52-0.57-0.58-0.48-0.450.440.710.82-0.41-0.56-0.141.0-0.41-0.61-0.8-0.36-0.36-0.5-0.61-0.45-0.62-0.671.01.0-0.8
0.620.70.710.560.59-0.43-0.72-0.830.440.730.04-0.80.440.740.790.360.360.610.810.480.830.74-0.8-0.8-0.8
Click cells to compare fundamentals

PLAYSTUDIOS Account Relationship Matchups

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