Take-Two Good Will vs Accounts Payable Analysis

0LCX Stock   244.99  2.06  0.83%   
Take-Two Interactive 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 Interactive Good Will and its Accounts Payable accounts. Check out Trending Equities 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 state.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Take Two Interactive Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Take-Two Interactive's Good Will and Accounts Payable is 0.64. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable 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 Interactive's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Take Two Interactive Software are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Take-Two Interactive's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Take-Two Interactive obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Take Two Interactive are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Take-Two Interactive'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 Trending Equities 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 state.
Tax Provision is likely to gain to about 107.4 M in 2025, whereas Selling General Administrative is likely to drop slightly above 135.1 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit2.3B2.2B3.1B250.7M
Total Revenue5.3B5.3B5.6B968.5M

Take-Two Interactive fundamental ratios Correlations

0.830.720.90.950.930.71-0.20.820.40.970.590.280.890.890.85-0.780.460.880.940.510.460.950.930.780.9
0.830.390.720.660.880.95-0.670.860.190.890.41-0.080.710.870.97-0.520.090.990.920.150.510.950.850.540.76
0.720.390.790.690.560.230.090.390.470.590.270.580.680.610.47-0.720.850.470.670.730.440.550.720.90.56
0.90.720.790.780.880.52-0.260.730.640.790.610.540.920.860.71-0.640.640.790.920.730.60.820.950.920.65
0.950.660.690.780.80.560.090.680.320.920.560.270.810.750.68-0.790.440.710.780.480.330.830.780.660.92
0.930.880.560.880.80.72-0.420.930.530.880.740.330.940.940.89-0.640.370.920.960.540.340.920.950.750.73
0.710.950.230.520.560.72-0.680.75-0.130.840.19-0.370.490.720.92-0.43-0.110.920.79-0.140.470.890.670.320.76
-0.2-0.670.09-0.260.09-0.42-0.68-0.520.01-0.28-0.040.29-0.21-0.47-0.63-0.080.22-0.63-0.490.18-0.35-0.46-0.42-0.15-0.08
0.820.860.390.730.680.930.75-0.520.360.80.70.150.850.860.87-0.50.170.90.870.370.250.860.850.60.64
0.40.190.470.640.320.53-0.130.010.360.180.70.910.680.480.21-0.310.610.240.450.90.10.230.560.690.02
0.970.890.590.790.920.880.84-0.280.80.180.450.030.780.850.89-0.740.270.910.910.280.480.980.860.630.96
0.590.410.270.610.560.740.19-0.040.70.70.450.60.80.60.4-0.290.290.470.540.68-0.040.470.60.50.3
0.28-0.080.580.540.270.33-0.370.290.150.910.030.60.570.28-0.03-0.290.750.010.260.960.010.030.390.67-0.08
0.890.710.680.920.810.940.49-0.210.850.680.780.80.570.870.72-0.630.560.780.880.760.30.790.930.850.63
0.890.870.610.860.750.940.72-0.470.860.480.850.60.280.870.88-0.560.450.920.940.510.470.90.970.740.7
0.850.970.470.710.680.890.92-0.630.870.210.890.4-0.030.720.88-0.630.190.970.930.210.410.940.860.590.77
-0.78-0.52-0.72-0.64-0.79-0.64-0.43-0.08-0.5-0.31-0.74-0.29-0.29-0.63-0.56-0.63-0.5-0.56-0.68-0.45-0.22-0.66-0.65-0.69-0.76
0.460.090.850.640.440.37-0.110.220.170.610.270.290.750.560.450.19-0.50.190.430.830.240.240.550.80.22
0.880.990.470.790.710.920.92-0.630.90.240.910.470.010.780.920.97-0.560.190.960.250.50.970.90.620.77
0.940.920.670.920.780.960.79-0.490.870.450.910.540.260.880.940.93-0.680.430.960.490.540.960.980.810.77
0.510.150.730.730.480.54-0.140.180.370.90.280.680.960.760.510.21-0.450.830.250.490.130.280.610.820.16
0.460.510.440.60.330.340.47-0.350.250.10.48-0.040.010.30.470.41-0.220.240.50.540.130.540.520.470.42
0.950.950.550.820.830.920.89-0.460.860.230.980.470.030.790.90.94-0.660.240.970.960.280.540.910.650.89
0.930.850.720.950.780.950.67-0.420.850.560.860.60.390.930.970.86-0.650.550.90.980.610.520.910.860.71
0.780.540.90.920.660.750.32-0.150.60.690.630.50.670.850.740.59-0.690.80.620.810.820.470.650.860.5
0.90.760.560.650.920.730.76-0.080.640.020.960.3-0.080.630.70.77-0.760.220.770.770.160.420.890.710.5
Click cells to compare fundamentals

Take-Two Interactive Account Relationship Matchups

Take-Two Interactive fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.0B6.5B15.9B12.2B9.2B866.3M
Short Long Term Debt Total191.3M250.2M3.5B3.5B4.1B100.4M
Other Current Liab2.1B1.0B2.3B2.1B1.1B137.3M
Total Current Liabilities2.2B2.1B3.9B2.4B3.6B220.8M
Total Stockholder Equity3.3B3.8B9.0B5.7B2.1B537.0M
Property Plant And Equipment Net314.1M459.2M685.5M736.8M769.9M23.1M
Net Debt(1.2B)(1.5B)2.7B2.8B2.6B(80.1M)
Retained Earnings1.9B2.3B1.2B(2.6B)(7.1B)(139.3M)
Accounts Payable71.0M125.9M140.1M195.9M194.7M34.9M
Cash1.4B1.7B827.4M754M1.5B180.5M
Non Current Assets Total1.8B2.7B13.4B10.0B6.3B349.1M
Non Currrent Assets Other255.6M445.2M205.1M162.3M309M28.8M
Cash And Short Term Investments2.7B2.6B1.0B776M1.5B180.5M
Net Receivables658.3M684.3M843.1M764.7M851.9M39.3M
Common Stock Shares Outstanding115.7M116.8M159.9M170.1M175.1M76.8M
Liabilities And Stockholders Equity6.0B6.5B15.9B12.2B9.2B866.3M
Non Current Liabilities Total461.6M631.6M3.0B4.1B3.4B108.4M
Inventory19.1M17.7M13.2M1.024.8M36.0M
Other Current Assets812.9M621.4M650.6M719M498.5M272.6M
Other Stockholder Equity1.5B1.6B8.0B8.4B9.3B677.8M
Total Liab2.7B2.7B6.8B6.5B7.0B329.2M
Total Current Assets4.2B3.9B2.5B2.3B2.8B517.2M
Accumulated Other Comprehensive Income(8.7M)(57.3M)(113.3M)(105.1M)(96.9M)(2.3M)
Short Term Debt31.6M38.9M1.4B88.4M1.2B41.7M
Intangible Assets612.5M1.0B5.5B4.5B4.2B80.8M
Common Stock1.4M1.4M1.4M1.9M2M840K
Current Deferred Revenue928.0M865.3M1.1B1.1B1.1B13.1M
Good Will535.3M674.6M6.8B4.4B1.1B216.3M
Other Assets1.0(12K)341.5M36M41.4M39.3M
Short Term Investments1.3B820.1M187M22M9.4M8.9M
Property Plant Equipment127.9M286.2M314.1M459.2M528.1M554.5M
Other Liab250.7M219.0M301.9M420.3M378.3M272.9M
Net Tangible Assets982.3M1.7B2.2B2.1B2.4B1.6B

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