PLAYSTUDIOS Roic vs Capex To Depreciation 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 Roic and its Capex To Depreciation 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.
Roic vs Capex To Depreciation
Roic vs Capex To Depreciation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PLAYSTUDIOS Roic account and Capex To Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between PLAYSTUDIOS's Roic and Capex To Depreciation is 0.77. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of PLAYSTUDIOS, assuming nothing else is changed. The correlation between historical values of PLAYSTUDIOS's Roic and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of PLAYSTUDIOS are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Roic i.e., PLAYSTUDIOS's Roic and Capex To Depreciation go up and down completely randomly.
Correlation Coefficient | 0.77 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Roic
Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.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 Expense | 235K | 1.9M | 2.2M | 2.3M | Depreciation And Amortization | 27.4M | 35.6M | 45.3M | 34.7M |
PLAYSTUDIOS fundamental ratios Correlations
Click cells to compare fundamentals
PLAYSTUDIOS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.