Take Selling General Administrative vs Selling And Marketing Expenses Analysis

TTWO Stock  USD 188.15  1.57  0.84%   
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 Selling General Administrative and its Selling And Marketing Expenses 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.

Selling General Administrative vs Selling And Marketing Expenses

Selling General Administrative vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Selling General Administrative account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Take Two's Selling General Administrative and Selling And Marketing Expenses is 0.95. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Selling And Marketing Expenses 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 Selling General Administrative and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Take Two Interactive Software are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Selling General Administrative i.e., Take Two's Selling General Administrative and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Selling And Marketing Expenses

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 23rd of November 2024, Tax Provision is likely to grow to about 43.5 M, while Discontinued Operations is likely to drop (103.8 K).
 2021 2022 2023 2024 (projected)
Gross Profit2.0B2.3B2.2B2.4B
Total Revenue3.5B5.3B5.3B5.6B

Take Two fundamental ratios Correlations

0.860.780.90.990.960.76-0.210.880.20.970.710.140.910.70.88-0.680.750.940.980.910.360.350.960.90.9
0.860.450.620.790.820.94-0.620.78-0.160.930.35-0.270.610.520.97-0.690.570.960.910.85-0.070.350.940.810.81
0.780.450.790.810.840.340.160.720.550.660.820.520.930.580.55-0.510.740.630.720.750.66-0.110.640.70.7
0.90.620.790.90.820.440.110.680.480.790.730.480.910.740.62-0.510.650.720.860.710.670.490.770.830.83
0.990.790.810.90.940.71-0.070.840.240.950.750.170.910.70.8-0.650.760.890.930.850.390.360.930.840.84
0.960.820.840.820.940.73-0.260.940.240.920.780.170.930.640.89-0.70.80.930.950.970.360.10.920.90.9
0.760.940.340.440.710.73-0.690.74-0.430.880.22-0.510.480.340.92-0.70.480.920.80.79-0.310.250.90.650.65
-0.21-0.620.160.11-0.07-0.26-0.69-0.390.6-0.350.280.660.020.03-0.640.35-0.06-0.51-0.36-0.460.570.1-0.41-0.34-0.34
0.880.780.720.680.840.940.74-0.390.130.860.730.050.860.590.88-0.560.770.90.890.950.240.030.870.880.88
0.2-0.160.550.480.240.24-0.430.60.13-0.010.610.940.480.51-0.110.180.35-0.060.150.110.92-0.05-0.040.310.31
0.970.930.660.790.950.920.88-0.350.86-0.010.59-0.10.80.610.92-0.730.680.980.960.90.130.371.00.840.84
0.710.350.820.730.750.780.220.280.730.610.590.550.860.580.45-0.410.720.530.630.660.660.020.570.650.65
0.14-0.270.520.480.170.17-0.510.660.050.94-0.10.550.460.39-0.20.170.36-0.140.090.040.96-0.03-0.120.240.24
0.910.610.930.910.910.930.480.020.860.480.80.860.460.690.7-0.530.80.770.870.850.640.120.780.860.86
0.70.520.580.740.70.640.340.030.590.510.610.580.390.690.51-0.110.560.590.680.560.60.380.60.780.78
0.880.970.550.620.80.890.92-0.640.88-0.110.920.45-0.20.70.51-0.70.660.980.930.950.00.160.940.860.86
-0.68-0.69-0.51-0.51-0.65-0.7-0.70.35-0.560.18-0.73-0.410.17-0.53-0.11-0.7-0.44-0.72-0.69-0.710.04-0.06-0.74-0.44-0.44
0.750.570.740.650.760.80.48-0.060.770.350.680.720.360.80.560.66-0.440.680.720.760.46-0.020.670.720.72
0.940.960.630.720.890.930.92-0.510.9-0.060.980.53-0.140.770.590.98-0.720.680.960.940.080.260.990.880.88
0.980.910.720.860.930.950.8-0.360.890.150.960.630.090.870.680.93-0.690.720.960.940.310.330.960.940.94
0.910.850.750.710.850.970.79-0.460.950.110.90.660.040.850.560.95-0.710.760.940.940.230.010.910.890.89
0.36-0.070.660.670.390.36-0.310.570.240.920.130.660.960.640.60.00.040.460.080.310.230.080.110.440.44
0.350.35-0.110.490.360.10.250.10.03-0.050.370.02-0.030.120.380.16-0.06-0.020.260.330.010.080.360.260.26
0.960.940.640.770.930.920.9-0.410.87-0.041.00.57-0.120.780.60.94-0.740.670.990.960.910.110.360.850.85
0.90.810.70.830.840.90.65-0.340.880.310.840.650.240.860.780.86-0.440.720.880.940.890.440.260.851.0
0.90.810.70.830.840.90.65-0.340.880.310.840.650.240.860.780.86-0.440.720.880.940.890.440.260.851.0
Click cells to compare fundamentals

Take Two Account Relationship Matchups

Take Two fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B6.0B6.5B15.9B12.2B12.8B
Other Current Liab1.2B1.2B1.0B1.1B966.4M1.0B
Total Current Liabilities2.0B2.2B2.1B3.9B2.4B2.5B
Total Stockholder Equity2.5B3.3B3.8B9.0B5.7B6.0B
Property Plant And Equipment Net286.2M314.1M459.2M685.5M736.8M773.6M
Net Debt(1.2B)(1.2B)(1.5B)2.7B2.8B2.9B
Retained Earnings1.3B1.9B2.3B1.2B(2.6B)(2.5B)
Accounts Payable65.7M71.0M125.9M140.1M195.9M205.7M
Cash1.4B1.4B1.7B827.4M754M553.8M
Non Current Assets Total1.5B1.8B2.7B13.4B10.0B10.5B
Non Currrent Assets Other121.2M149.5M325.6M205.1M162.3M170.4M
Cash And Short Term Investments2.0B2.7B2.6B1.0B776M775.8M
Net Receivables592.6M658.3M684.3M843.1M764.7M802.9M
Common Stock Shares Outstanding114.1M115.7M116.8M159.9M170.1M91.1M
Liabilities And Stockholders Equity4.9B6.0B6.5B15.9B12.2B12.8B
Non Current Liabilities Total371.0M461.6M631.6M3.0B4.1B4.3B
Inventory19.1M17.7M13.2M1.00.90.86
Other Current Assets40.3M918.4M621.4M650.6M719.0M754.9M
Other Stockholder Equity1.3B1.5B1.6B8.0B8.4B8.8B
Total Liab2.4B2.7B2.7B6.8B6.5B6.9B
Property Plant And Equipment Gross286.2M314.1M459.2M685.5M1.1B1.2B
Total Current Assets3.5B4.2B3.9B2.5B2.3B1.5B
Accumulated Other Comprehensive Income(58.4M)(8.7M)(57.3M)(113.3M)(105.1M)(99.8M)
Short Term Debt25.2M63.2M77.8M1.5B152.2M302.5M
Intangible Assets453.0M612.5M1.0B5.5B4.5B4.7B
Common Stock Total Equity1.4M1.4M1.4M1.9M2.2M2.3M
Common Stock1.4M1.4M1.4M1.9M2.2M2.3M
Other Assets227.3M327.0M345.8M(12K)(13.8K)(13.1K)
Short Term Investments644.0M1.3B820.1M187M22M20.9M
Property Plant Equipment131.9M149.4M242.0M402.8M463.2M486.4M
Current Deferred Revenue777.8M928.0M865.3M1.1B1.1B1.1B
Good Will386.5M535.3M674.6M6.8B4.4B4.6B
Other Liab250.7M219.0M301.9M420.3M483.3M507.5M
Net Tangible Assets2.2B2.8B2.8B3.5B4.0B4.2B
Retained Earnings Total Equity1.3B1.9B2.3B1.2B1.3B1.4B
Capital Surpluse2.1B2.3B2.6B9.0B10.4B10.9B

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

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Moving against Take Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Take Two Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Take Two'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 Take Two Interactive Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Take Two Interactive Software Stock:
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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
(21.20)
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.