PLAYSTUDIOS Depreciation vs Other Non Cash Items 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 Depreciation and its Other Non Cash Items 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.

Depreciation vs Other Non Cash Items

Depreciation vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PLAYSTUDIOS Depreciation account and Other Non Cash Items. At this time, the significance of the direction appears to have almost no relationship.
The correlation between PLAYSTUDIOS's Depreciation and Other Non Cash Items is 0.14. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of PLAYSTUDIOS, assuming nothing else is changed. The correlation between historical values of PLAYSTUDIOS's Depreciation and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of PLAYSTUDIOS are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Depreciation i.e., PLAYSTUDIOS's Depreciation and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Depreciation

Depreciation indicates how much of PLAYSTUDIOS value has been used up. For tax purposes PLAYSTUDIOS can deduct the cost of the tangible assets it purchases as business expenses. However, PLAYSTUDIOS must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Other Non Cash Items

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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