News Non Currrent Assets Other vs Property Plant And Equipment Net Analysis

NWS Stock  USD 31.82  0.40  1.24%   
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp B is a good investment. Please check the relationship between News Corp Non Currrent Assets Other and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. 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.

Non Currrent Assets Other vs Property Plant And Equipment Net

Non Currrent Assets Other vs Property Plant And Equipment Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp B Non Currrent Assets Other account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between News Corp's Non Currrent Assets Other and Property Plant And Equipment Net is 0.19. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of News Corp B, assuming nothing else is changed. The correlation between historical values of News Corp's Non Currrent Assets Other and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of News Corp B are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Non Currrent Assets Other i.e., News Corp's Non Currrent Assets Other and Property Plant And Equipment Net go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from News Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into News Corp B 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. 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.
Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M85M61.7M
Depreciation And Amortization813M823M734M651.9M

News Corp fundamental ratios Correlations

0.350.210.29-0.37-0.260.170.440.17-0.240.360.22-0.240.240.210.150.20.1-0.580.190.470.18-0.37-0.310.16-0.76
0.350.340.54-0.080.110.640.420.390.40.920.460.40.640.590.480.230.23-0.030.520.330.68-0.280.280.51-0.38
0.210.340.83-0.78-0.190.680.790.54-0.160.420.88-0.160.150.840.780.320.28-0.360.820.260.03-0.94-0.240.7-0.14
0.290.540.83-0.770.030.850.840.78-0.280.680.85-0.280.430.930.830.390.0-0.340.90.340.04-0.660.10.77-0.2
-0.37-0.08-0.78-0.77-0.04-0.63-0.92-0.530.62-0.28-0.810.62-0.08-0.67-0.81-0.310.10.62-0.83-0.590.340.730.25-0.750.35
-0.260.11-0.190.03-0.040.040.050.080.030.170.190.030.12-0.120.310.09-0.50.330.250.25-0.060.340.410.240.26
0.170.640.680.85-0.630.040.820.63-0.150.770.75-0.150.420.820.840.23-0.01-0.320.870.450.11-0.550.210.84-0.27
0.440.420.790.84-0.920.050.820.53-0.440.590.88-0.440.240.790.910.320.05-0.60.920.67-0.09-0.74-0.170.91-0.48
0.170.390.540.78-0.530.080.630.53-0.170.450.53-0.170.490.720.510.69-0.16-0.150.60.090.09-0.410.20.43-0.05
-0.240.4-0.16-0.280.620.03-0.15-0.44-0.170.07-0.131.00.24-0.21-0.240.010.460.34-0.26-0.360.840.11-0.01-0.230.2
0.360.920.420.68-0.280.170.770.590.450.070.540.070.510.720.640.150.03-0.010.670.450.35-0.310.420.65-0.36
0.220.460.880.85-0.810.190.750.880.53-0.130.54-0.130.260.750.930.380.19-0.430.940.410.1-0.76-0.20.9-0.16
-0.240.4-0.16-0.280.620.03-0.15-0.44-0.171.00.07-0.130.24-0.21-0.240.010.460.34-0.26-0.360.840.11-0.01-0.230.2
0.240.640.150.43-0.080.120.420.240.490.240.510.260.240.380.250.43-0.06-0.150.310.260.6-0.090.260.24-0.37
0.210.590.840.93-0.67-0.120.820.790.72-0.210.720.75-0.210.380.780.350.1-0.190.840.330.07-0.710.160.73-0.24
0.150.480.780.83-0.810.310.840.910.51-0.240.640.93-0.240.250.780.22-0.04-0.330.990.61-0.03-0.640.040.95-0.23
0.20.230.320.39-0.310.090.230.320.690.010.150.380.010.430.350.220.22-0.260.270.00.27-0.33-0.210.23-0.14
0.10.230.280.00.1-0.5-0.010.05-0.160.460.030.190.46-0.060.1-0.040.22-0.29-0.03-0.20.51-0.4-0.60.08-0.15
-0.58-0.03-0.36-0.340.620.33-0.32-0.6-0.150.34-0.01-0.430.34-0.15-0.19-0.33-0.26-0.29-0.35-0.48-0.040.470.69-0.420.66
0.190.520.820.9-0.830.250.870.920.6-0.260.670.94-0.260.310.840.990.27-0.03-0.350.56-0.02-0.670.060.94-0.23
0.470.330.260.34-0.590.250.450.670.09-0.360.450.41-0.360.260.330.610.0-0.2-0.480.56-0.05-0.320.010.56-0.77
0.180.680.030.040.34-0.060.11-0.090.090.840.350.10.840.60.07-0.030.270.51-0.04-0.02-0.05-0.1-0.130.01-0.25
-0.37-0.28-0.94-0.660.730.34-0.55-0.74-0.410.11-0.31-0.760.11-0.09-0.71-0.64-0.33-0.40.47-0.67-0.32-0.10.42-0.580.33
-0.310.28-0.240.10.250.410.21-0.170.2-0.010.42-0.2-0.010.260.160.04-0.21-0.60.690.060.01-0.130.42-0.070.26
0.160.510.70.77-0.750.240.840.910.43-0.230.650.9-0.230.240.730.950.230.08-0.420.940.560.01-0.58-0.07-0.26
-0.76-0.38-0.14-0.20.350.26-0.27-0.48-0.050.2-0.36-0.160.2-0.37-0.24-0.23-0.14-0.150.66-0.23-0.77-0.250.330.26-0.26
Click cells to compare fundamentals

News Corp Account Relationship Matchups

News Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B16.8B17.2B16.9B16.7B17.4B
Other Current Liab1.9B2.4B2.2B2.1B2.0B1.4B
Total Current Liabilities2.7B3.2B3.5B3.5B3.1B3.1B
Total Stockholder Equity7.6B8.2B8.2B8.1B8.1B8.0B
Property Plant And Equipment Net3.3B3.3B3.0B3.1B2.9B2.3B
Current Deferred Revenue398M473M604M622M551M499.6M
Net Debt888M1.2B2.2B2.3B2.1B2.2B
Accounts Payable605M411M351M321M440M365.1M
Cash1.5B2.2B1.8B1.8B2.0B1.6B
Non Current Assets Total10.8B12.3B13.1B12.9B12.3B12.9B
Non Currrent Assets Other1.0B1.4B1.4B1.3B1.2B883.1M
Cash And Short Term Investments1.5B2.2B1.8B1.8B2.0B1.6B
Net Receivables1.2B1.5B1.5B1.4B1.6B1.6B
Good Will4.0B4.7B5.2B5.1B5.2B4.5B
Liabilities And Stockholders Equity14.3B16.8B17.2B16.9B16.7B17.4B
Non Current Liabilities Total3.2B4.4B4.6B4.5B4.6B2.7B
Other Current Assets393M469M458M484M548M492.7M
Other Stockholder Equity12.1B12.1B11.8B11.4B11.3B9.8B
Total Liab5.9B7.6B8.1B8.0B7.7B5.8B
Property Plant And Equipment Gross3.3B3.3B2.1B3.1B7.3B7.6B
Total Current Assets3.5B4.5B4.1B4.1B4.4B4.5B
Accumulated Other Comprehensive Income(1.3B)(941M)(1.3B)(1.2B)(1.3B)(1.3B)
Short Term Debt76M28M293M347M171M162.5M
Intangible Assets2.4B1.9B2.2B2.5B2.3B1.9B
Short Long Term Debt Total2.4B3.4B4.0B4.1B4.1B2.4B
Other Liab827M990M836M743M854.5M950.8M
Net Tangible Assets1.3B1.4B382M1.6B1.4B2.6B
Noncontrolling Interest In Consolidated Entity807M935M921M881M1.0B739.9M
Retained Earnings(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Other Assets1.2B1.8B1.8B1.7B1.9B1.3B
Long Term Debt1.2B2.3B2.8B2.6B2.9B1.5B
Retained Earnings Total Equity(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Capital Surpluse12.1B12.1B11.8B11.4B10.3B9.7B
Deferred Long Term Liab258M260M198M163M187.5M240.4M
Long Term Investments297M351M488M427M430M408.5M
Non Current Liabilities Other326M519M483M446M492M374.5M
Property Plant Equipment2.8B3.3B3.0B2.5B2.9B2.8B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for News Stock Analysis

When running News Corp's price analysis, check to measure News Corp's 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 News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.