Take Historical Income Statement
| TTWO Stock | USD 187.85 0.23 0.12% |
Historical analysis of Take Two income statement accounts such as Gross Profit of 2.4 B, Other Operating Expenses of 9.4 B, Research Development of 995.6 M or Cost Of Revenue of 3.3 B can show how well Take Two Interactive Software performed in making a profits. Evaluating Take Two income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Take Two's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Take Two Interactive latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Take Two Interactive is a good buy for the upcoming year.
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About Take Income Statement Analysis
Take Two Interactive Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Take Two shareholders. The income statement also shows Take investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Take Two Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Take Two Interactive generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Take Two Interactive Software minus its cost of goods sold. It is profit before Take Two operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Take Two Interactive. It is also known as Take Two overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Take Two Interactive income statement and represents the costs associated with goods and services Take Two provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Take Two's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Take Two Interactive current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Take Two's Research Development is very stable compared to the past year. As of the 27th of November 2024, Cost Of Revenue is likely to grow to about 3.3 B, though Operating Income is likely to grow to (3.4 B).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.0B | 2.3B | 2.2B | 2.4B | Total Revenue | 3.5B | 5.3B | 5.3B | 5.6B |
Take Two income statement Correlations
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Take Two Account Relationship Matchups
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Take Two income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 242.0M | 192.3M | 206.5M | 1.9B | 1.8B | 1.8B | |
| Interest Expense | 38.5M | 6.2M | 24.5M | 203.9M | 140.6M | 147.6M | |
| Selling General Administrative | 318.2M | 390.7M | 510.9M | 843.1M | 716.1M | 751.9M | |
| Total Revenue | 3.1B | 3.4B | 3.5B | 5.3B | 5.3B | 5.6B | |
| Gross Profit | 1.5B | 1.8B | 2.0B | 2.3B | 2.2B | 2.4B | |
| Other Operating Expenses | 2.7B | 2.7B | 3.0B | 6.5B | 8.9B | 9.4B | |
| Operating Income | 425.3M | 629.4M | 473.6M | (1.1B) | (3.6B) | (3.4B) | |
| Ebit | 425.3M | 684.0M | 484.0M | (1.2B) | (3.5B) | (3.3B) | |
| Research Development | 296.4M | 317.3M | 406.6M | 892.5M | 948.2M | 995.6M | |
| Ebitda | 667.3M | 876.3M | 690.6M | 656.8M | (1.7B) | (1.6B) | |
| Cost Of Revenue | 1.5B | 1.5B | 1.5B | 3.1B | 3.1B | 3.3B | |
| Total Operating Expenses | 1.1B | 1.2B | 1.5B | 3.5B | 2.7B | 2.9B | |
| Net Income | 404.5M | 588.9M | 418M | (1.1B) | (3.7B) | (3.6B) | |
| Income Tax Expense | 54.0M | 88.9M | 47.4M | (213.4M) | 41.4M | 43.5M | |
| Income Before Tax | 458.4M | 677.8M | 465.4M | (1.3B) | (3.7B) | (3.5B) | |
| Total Other Income Expense Net | 33.2M | 9.3M | (8.2M) | (203.9M) | (112.2M) | (106.6M) | |
| Net Income Applicable To Common Shares | 404.5M | 588.9M | 418.0M | (1.1B) | (1.0B) | (961.6M) | |
| Selling And Marketing Expenses | 458.4M | 445.0M | 516.4M | 1.6B | 1.6B | 1.6B | |
| Net Income From Continuing Ops | 512.4M | 588.9M | 418.0M | (1.1B) | (3.7B) | (3.6B) | |
| Non Operating Income Net Other | 33.2M | 48.4M | (8.2M) | (172.9M) | (155.6M) | (147.8M) | |
| Non Recurring | (5.0M) | 83K | (272K) | 849K | 764.1K | 725.9K | |
| Tax Provision | 54.0M | 88.9M | 47.4M | (213.4M) | 41.4M | 43.5M | |
| Interest Income | 47.3M | 18.7M | 17.6M | 33.8M | 65.6M | 32.8M | |
| Net Interest Income | 44.7M | 12.5M | (1.0M) | (141.9M) | (75M) | (71.3M) | |
| Reconciled Depreciation | 236.5M | 232.8M | 279.3M | 1.9B | 1.8B | 1.8B |
Pair Trading with Take Two
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Take Two position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Take Two will appreciate offsetting losses from the drop in the long position's value.Moving together with Take Stock
Moving against Take Stock
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| 0.8 | TRUG | Trugolf Symbol Change | PairCorr |
| 0.64 | BHAT | Blue Hat Interactive | PairCorr |
| 0.54 | SKLZ | Skillz Platform | PairCorr |
| 0.51 | MYPSW | PLAYSTUDIOS | PairCorr |
The ability to find closely correlated positions to Take Two could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Take Two when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Take Two - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Take Two Interactive Software to buy it.
The correlation of Take Two is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Take Two moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Take Two Interactive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Take Two can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Take Two Interactive Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Take Two. If investors know Take 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 Take Two listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share (21.21) | Revenue Per Share 31.69 | Quarterly Revenue Growth 0.041 | Return On Assets (0.02) |
The market value of Take Two Interactive is measured differently than its book value, which is the value of Take that is recorded on the company's balance sheet. Investors also form their own opinion of Take Two's value that differs from its market value or its book value, called intrinsic value, which is Take Two'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 Take Two's market value can be influenced by many factors that don't directly affect Take Two'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 Take Two's value and its price as these two are different measures arrived at by different means. Investors typically determine if Take Two is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Take Two'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.