Playtech plc

Playtech plcverified

PTEC.L

Price:

$734

Market Cap:

$2.67B

Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, bingo, and poker. It also owns the intellectual property rights and licenses the software; provides marketing and advertising, consulting and online technical support, data mining processing, turnkey, operational and hosting, live game, and video stream services; and operates betting shops. In addition, the company designs, develops, and sells software. Playtech Plc was founded in 1999 and is based in Douglas, the Isle of Man.[Read more]

Industry

Gambling, Resorts & Casinos

IPO Date

2006-03-28

Stock Exchange

LSE

Ticker

PTEC.L

The Current Ratio as of September 2024 (TTM) for Playtech plc (PTEC.L) is 1.42

According to Playtech plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of 2.66% compared to the average of 1.38 of the last 4 quarters.

Playtech plc (PTEC.L) Historical Current Ratio (quarterly & annually)

How has PTEC.L Current Ratio performed in the past?

The mean historical Current Ratio of Playtech plc over the last ten years is 2.43. The current 1.42 Current Ratio has changed 5.75% with respect to the historical average. Over the past ten years (40 quarters), PTEC.L's Current Ratio was at its highest in in the September 2014 quarter at 7.23. The Current Ratio was at its lowest in in the September 2022 quarter at 0.96.

Quarterly (TTM)
Annual

Average

2.43

Median

1.53

Minimum

0.96

Maximum

7.23

Playtech plc (PTEC.L) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Playtech plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 48.49%

Maximum Annual Current Ratio = 7.23

Minimum Annual Increase = -46.20%

Minimum Annual Current Ratio = 0.96

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.4248.49%
20220.96-41.01%
20211.62-5.05%
20201.7127.26%
20191.3437.50%
20180.98-31.88%
20171.43-46.20%
20162.66-45.87%
20154.92-32.02%
20147.2342.85%

Playtech plc (PTEC.L) Average Current Ratio

How has PTEC.L Current Ratio performed in the past?

The current Current Ratio of Playtech plc (PTEC.L) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.33

5-year avg

1.41

10-year avg

2.43

Playtech plc (PTEC.L) Current Ratio vs. Peers

How is PTEC.L’s Current Ratio compared to its peers?

Playtech plc’s Current Ratio is greater than 888 Holdings plc (0.69), less than Plus500 Ltd. (3.30), greater than The Rank Group Plc (0.47), less than IG Group Holdings plc (2.47), greater than Flutter Entertainment plc (0.90),

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