Playtech Short Long Term Debt Total vs Total Current Liabilities Analysis

PTEC Stock   733.00  9.00  1.21%   
Playtech Plc financial indicator trend analysis is much more than just breaking down Playtech Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playtech Plc is a good investment. Please check the relationship between Playtech Plc Short Long Term Debt Total and its Total Current Liabilities accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtech Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Short Long Term Debt Total vs Total Current Liabilities

Short Long Term Debt Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtech Plc Short Long Term Debt Total account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Playtech Plc's Short Long Term Debt Total and Total Current Liabilities is 0.88. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Playtech Plc, assuming nothing else is changed. The correlation between historical values of Playtech Plc's Short Long Term Debt Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Playtech Plc are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Long Term Debt Total i.e., Playtech Plc's Short Long Term Debt Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Short Long Term Debt Total

Total Current Liabilities

Total Current Liabilities is an item on Playtech Plc balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Playtech Plc 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.
Most indicators from Playtech Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playtech Plc 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 Playtech Plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 157.8 M in 2025, whereas Selling General Administrative is likely to drop slightly above 86.9 M in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense50.2M36.9M42.4M44.6M
Depreciation And Amortization170.9M194.8M224.0M235.2M

Playtech Plc fundamental ratios Correlations

0.850.70.890.910.920.830.690.850.860.550.980.610.720.550.90.690.910.53-0.270.940.90.75-0.140.70.78
0.850.670.880.60.830.970.780.510.720.620.750.220.420.620.730.570.930.8-0.310.950.70.92-0.260.770.75
0.70.670.750.530.760.620.560.430.80.410.690.410.250.410.670.540.680.28-0.180.740.610.510.260.740.58
0.890.880.750.690.910.870.80.620.90.420.860.350.520.420.750.620.810.64-0.250.940.80.72-0.180.820.69
0.910.60.530.690.760.580.390.970.780.50.930.790.810.50.860.70.690.22-0.150.730.840.56-0.030.490.71
0.920.830.760.910.760.810.820.760.90.320.920.610.720.320.690.460.860.55-0.530.920.950.62-0.250.670.57
0.830.970.620.870.580.810.710.510.710.640.710.160.390.640.690.540.880.8-0.280.920.670.92-0.320.750.68
0.690.780.560.80.390.820.710.370.630.020.690.260.530.020.430.220.790.77-0.610.830.740.5-0.430.550.38
0.850.510.430.620.970.760.510.370.740.370.890.850.890.370.730.570.610.17-0.290.650.880.45-0.150.370.57
0.860.720.80.90.780.90.710.630.740.380.890.540.570.380.750.620.70.3-0.250.820.830.540.040.790.66
0.550.620.410.420.50.320.640.020.370.380.390.070.031.00.690.660.540.290.30.510.210.850.190.560.76
0.980.750.690.860.930.920.710.690.890.890.390.710.790.390.860.660.840.42-0.310.890.930.6-0.110.650.72
0.610.220.410.350.790.610.160.260.850.540.070.710.850.070.480.280.41-0.09-0.410.40.780.10.040.060.29
0.720.420.250.520.810.720.390.530.890.570.030.790.850.030.490.260.550.29-0.580.560.90.27-0.380.140.33
0.550.620.410.420.50.320.640.020.370.381.00.390.070.030.690.660.540.290.30.510.210.850.190.560.76
0.90.730.670.750.860.690.690.430.730.750.690.860.480.490.690.850.790.360.110.810.650.730.190.720.91
0.690.570.540.620.70.460.540.220.570.620.660.660.280.260.660.850.530.220.380.60.410.640.260.710.88
0.910.930.680.810.690.860.880.790.610.70.540.840.410.550.540.790.530.72-0.360.970.780.81-0.220.670.7
0.530.80.280.640.220.550.80.770.170.30.290.42-0.090.290.290.360.220.72-0.390.720.440.73-0.580.440.4
-0.27-0.31-0.18-0.25-0.15-0.53-0.28-0.61-0.29-0.250.3-0.31-0.41-0.580.30.110.38-0.36-0.39-0.33-0.59-0.050.630.070.19
0.940.950.740.940.730.920.920.830.650.820.510.890.40.560.510.810.60.970.72-0.330.830.81-0.210.770.73
0.90.70.610.80.840.950.670.740.880.830.210.930.780.90.210.650.410.780.44-0.590.830.49-0.30.490.5
0.750.920.510.720.560.620.920.50.450.540.850.60.10.270.850.730.640.810.73-0.050.810.49-0.180.70.81
-0.14-0.260.26-0.18-0.03-0.25-0.32-0.43-0.150.040.19-0.110.04-0.380.190.190.26-0.22-0.580.63-0.21-0.3-0.180.110.2
0.70.770.740.820.490.670.750.550.370.790.560.650.060.140.560.720.710.670.440.070.770.490.70.110.8
0.780.750.580.690.710.570.680.380.570.660.760.720.290.330.760.910.880.70.40.190.730.50.810.20.8
Click cells to compare fundamentals

Playtech Plc Account Relationship Matchups

Playtech Plc fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets3.1B3.7B3.0B3.3B3.8B4.0B
Short Long Term Debt Total1.3B1.1B633.4M732.9M842.8M576.6M
Other Current Liab621.9M3.9M330.7M395M454.3M477.0M
Total Current Liabilities822.7M835.1M756.4M598.7M688.5M722.9M
Total Stockholder Equity899.6M1.6B1.7B1.8B2.1B2.2B
Property Plant And Equipment Net423.8M403.5M413M421.2M484.4M508.6M
Current Deferred Revenue542.5M665.2M665.6M353.6M406.6M369.2M
Net Debt580.9M556.8M206.9M216.7M249.2M261.7M
Retained Earnings347.2M1.0B1.1B1.2B1.4B1.5B
Accounts Payable35.1M33.5M61.2M46M52.9M55.5M
Cash683.7M575.4M426.5M516.2M593.6M378.3M
Non Current Assets Total1.7B2.3B2.3B2.5B2.8B3.0B
Non Currrent Assets Other14.3M11.8M747.1M989.9M1.1B1.2B
Other Assets15.9M52.7M88.9M836.1M961.5M1.0B
Cash And Short Term Investments683.7M575.4M426.5M516.2M593.6M378.3M
Common Stock Shares Outstanding310.8M312.1M311.9M311.9M358.7M306.3M
Liabilities And Stockholders Equity3.1B3.7B3.0B3.3B3.8B4.0B
Non Current Liabilities Total1.3B1.2B565M920.9M1.1B1.1B
Other Current Assets562.6M594.5M127.2M119.8M137.8M113.9M
Total Liab2.2B2.1B1.3B1.5B1.7B1.8B
Property Plant And Equipment Gross417.3M613.3M650.3M692M795.8M835.6M
Total Current Assets1.4B1.4B723.1M849.9M977.4M569.8M
Accumulated Other Comprehensive Income(39.9M)(50.1M)(16.5M)(24.8M)(22.3M)(23.4M)
Short Term Debt21M(645.3M)231.4M24.9M22.4M21.3M
Intangible Assets463.3M397.6M371.1M391.5M450.2M261.9M
Common Stock601.0M592.1M606M611.8M703.6M378.2M
Other Liab201.7M97.4M98.2M124.1M142.7M87.8M
Net Receivables153.2M178.5M163.9M207.1M238.2M250.1M
Short Term Investments(3.2M)(37.8M)(71.2M)(721.4M)(649.3M)(616.8M)
Property Plant Equipment420.8M396.3M366.7M372.9M428.8M450.3M
Good Will633.9M648.5M609.8M529M608.4M397.6M
Long Term Debt1.2B1.0B348M646.1M743.0M565.5M
Net Tangible Assets(303.1M)(225.2M)498M680M612M642.6M

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