Playlogic Total Current Liabilities vs Inventory Analysis
| PLGC Stock | USD 0.0002 0.00 0.00% |
Playlogic Entertainment financial indicator trend analysis is much more than just breaking down Playlogic Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playlogic Entertainment is a good investment. Please check the relationship between Playlogic Entertainment Total Current Liabilities and its Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playlogic Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Playlogic Stock refer to our How to Trade Playlogic Stock guide.
Total Current Liabilities vs Inventory
Total Current Liabilities vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playlogic Entertainment Total Current Liabilities account and Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Playlogic Entertainment's Total Current Liabilities and Inventory is -0.79. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Inventory in the same time period over historical financial statements of Playlogic Entertainment, assuming nothing else is changed. The correlation between historical values of Playlogic Entertainment's Total Current Liabilities and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Playlogic Entertainment are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Total Current Liabilities i.e., Playlogic Entertainment's Total Current Liabilities and Inventory go up and down completely randomly.
Correlation Coefficient | -0.79 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Total Current Liabilities
Total Current Liabilities is an item on Playlogic Entertainment balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Playlogic Entertainment are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Inventory
Most indicators from Playlogic Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playlogic Entertainment 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playlogic Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Playlogic Stock refer to our How to Trade Playlogic Stock guide.As of November 30, 2024, Selling General Administrative is expected to decline to about 8.5 M
| 2010 | 2011 | 2023 | 2024 (projected) | Gross Profit | 2.0M | 7.3M | 8.4M | 6.2M | Total Revenue | 5.0M | 11.1M | 12.8M | 9.7M |
Playlogic Entertainment fundamental ratios Correlations
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Playlogic Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Playlogic Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Playlogic Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Playlogic Entertainment Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Playlogic Entertainment Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playlogic Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade Playlogic Stock refer to our How to Trade Playlogic Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Playlogic Entertainment. If investors know Playlogic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Playlogic Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.248 | Quarterly Revenue Growth 1.112 | Return On Assets (0.47) |
The market value of Playlogic Entertainment is measured differently than its book value, which is the value of Playlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Playlogic Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Playlogic Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Playlogic Entertainment's market value can be influenced by many factors that don't directly affect Playlogic Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Playlogic Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Playlogic Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Playlogic Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.