Take Net Income From Continuing Ops vs Gross Profit Analysis
TTWO Stock | USD 183.08 1.84 1.00% |
Take Two financial indicator trend analysis is much more than just breaking down Take Two Interactive prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Take Two Interactive is a good investment. Please check the relationship between Take Two Net Income From Continuing Ops and its Gross Profit accounts. 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.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Net Income From Continuing Ops account and Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Take Two's Net Income From Continuing Ops and Gross Profit is -0.66. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Take Two Interactive Software, assuming nothing else is changed. The correlation between historical values of Take Two's Net Income From Continuing Ops and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income From Continuing Ops of Take Two Interactive Software are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Take Two's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Income From Continuing Ops
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.Most indicators from Take Two's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is very stable compared to the past year. As of the 6th of February 2025, Tax Provision is likely to grow to about 39.1 M, while Discontinued Operations is likely to drop (103.8 K).
2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 2.3B | 2.2B | 2.6B | 2.7B | Total Revenue | 5.3B | 5.3B | 6.2B | 6.5B |
Take Two fundamental ratios Correlations
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Take Two Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Take Two fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 6.0B | 6.5B | 15.9B | 12.2B | 14.0B | 14.8B | |
Short Long Term Debt Total | 191.3M | 250.2M | 3.5B | 3.5B | 4.1B | 4.3B | |
Other Current Liab | 1.2B | 1.0B | 1.1B | 966.4M | 1.1B | 1.2B | |
Total Current Liabilities | 2.2B | 2.1B | 3.9B | 2.4B | 2.8B | 2.9B | |
Total Stockholder Equity | 3.3B | 3.8B | 9.0B | 5.7B | 6.5B | 6.8B | |
Property Plant And Equipment Net | 314.1M | 459.2M | 685.5M | 736.8M | 847.3M | 889.7M | |
Net Debt | (1.2B) | (1.5B) | 2.7B | 2.8B | 3.2B | 3.4B | |
Retained Earnings | 1.9B | 2.3B | 1.2B | (2.6B) | (3.0B) | (2.8B) | |
Accounts Payable | 71.0M | 125.9M | 140.1M | 195.9M | 225.3M | 236.5M | |
Cash | 1.4B | 1.7B | 827.4M | 754M | 867.1M | 553.8M | |
Non Current Assets Total | 1.8B | 2.7B | 13.4B | 10.0B | 11.5B | 12.0B | |
Non Currrent Assets Other | 149.5M | 325.6M | 205.1M | 162.3M | 186.6M | 196.0M | |
Cash And Short Term Investments | 2.7B | 2.6B | 1.0B | 776M | 892.4M | 775.8M | |
Net Receivables | 658.3M | 684.3M | 843.1M | 764.7M | 879.4M | 923.4M | |
Common Stock Shares Outstanding | 115.7M | 116.8M | 159.9M | 170.1M | 195.6M | 205.4M | |
Liabilities And Stockholders Equity | 6.0B | 6.5B | 15.9B | 12.2B | 14.0B | 14.8B | |
Non Current Liabilities Total | 461.6M | 631.6M | 3.0B | 4.1B | 4.8B | 5.0B | |
Inventory | 19.1M | 17.7M | 13.2M | 1.0 | 0.9 | 0.86 | |
Other Current Assets | 918.4M | 621.4M | 650.6M | 719.0M | 826.8M | 868.2M | |
Other Stockholder Equity | 1.5B | 1.6B | 8.0B | 8.4B | 9.6B | 10.1B | |
Total Liab | 2.7B | 2.7B | 6.8B | 6.5B | 7.5B | 7.9B | |
Property Plant And Equipment Gross | 314.1M | 459.2M | 685.5M | 1.1B | 1.3B | 1.3B | |
Total Current Assets | 4.2B | 3.9B | 2.5B | 2.3B | 2.6B | 1.5B | |
Accumulated Other Comprehensive Income | (8.7M) | (57.3M) | (113.3M) | (105.1M) | (94.6M) | (89.9M) | |
Short Term Debt | 63.2M | 77.8M | 1.5B | 152.2M | 175.0M | 302.5M | |
Intangible Assets | 612.5M | 1.0B | 5.5B | 4.5B | 5.2B | 5.4B | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.9M | 2.2M | 2.3M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.9M | 2.2M | 2.3M | |
Other Assets | 227.3M | 327.0M | 345.8M | (12K) | (13.8K) | (13.1K) | |
Short Term Investments | 1.3B | 820.1M | 187M | 22M | 25.3M | 24.0M | |
Property Plant Equipment | 131.9M | 149.4M | 242.0M | 402.8M | 463.2M | 486.4M | |
Current Deferred Revenue | 928.0M | 865.3M | 1.1B | 1.1B | 1.2B | 1.3B | |
Good Will | 535.3M | 674.6M | 6.8B | 4.4B | 5.1B | 5.3B | |
Other Liab | 250.7M | 219.0M | 301.9M | 420.3M | 483.3M | 507.5M | |
Net Tangible Assets | 2.2B | 2.8B | 2.8B | 3.5B | 4.0B | 4.2B | |
Retained Earnings Total Equity | 1.3B | 1.9B | 2.3B | 1.2B | 1.3B | 1.4B | |
Capital Surpluse | 2.1B | 2.3B | 2.6B | 9.0B | 10.4B | 10.9B |
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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 (21.19) | Revenue Per Share | Quarterly Revenue Growth 0.041 | Return On Assets |
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.