CCZ Stock | | | USD 61.07 0.00 0.00% |
Comcast Holdings financial indicator trend analysis is way more than just evaluating Comcast Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comcast Holdings Corp is a good investment. Please check the relationship between Comcast Holdings Total Assets and its Net Tangible Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Total Assets vs Net Tangible Assets
Total Assets vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comcast Holdings Corp Total Assets account and
Net Tangible Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Comcast Holdings' Total Assets and Net Tangible Assets is -0.67. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of Comcast Holdings Corp, assuming nothing else is changed. The correlation between historical values of Comcast Holdings' Total Assets and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Comcast Holdings Corp are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Total Assets i.e., Comcast Holdings' Total Assets and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.67 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Total Assets
Total assets refers to the total amount of Comcast Holdings assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Comcast Holdings Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.
Most indicators from Comcast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Holdings Corp 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Comcast Holdings'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 12.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.4
B in 2024.
Comcast Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Comcast Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comcast Holdings fundamental ratios Accounts
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Additional Tools for Comcast Stock Analysis
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measure Comcast Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Holdings is operating at the current time. Most of Comcast Holdings' value examination focuses on studying past and present price action to
predict the probability of Comcast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Holdings' price. Additionally, you may evaluate how the addition of Comcast Holdings to your portfolios can decrease your overall portfolio volatility.