News Retained Earnings vs Net Tangible Assets Analysis
NWSA Stock | USD 29.16 0.21 0.73% |
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp A is a good investment. Please check the relationship between News Corp Retained Earnings and its Net Tangible Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp A. 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.
Retained Earnings vs Net Tangible Assets
Retained Earnings vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp A Retained Earnings account and Net Tangible Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between News Corp's Retained Earnings and Net Tangible Assets is 0.93. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Tangible Assets in the same time period over historical financial statements of News Corp A, assuming nothing else is changed. The correlation between historical values of News Corp's Retained Earnings 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 Retained Earnings of News Corp A 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 Retained Earnings i.e., News Corp's Retained Earnings and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | 0.93 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.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 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 A 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 A. 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. At present, News Corp's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Selling General Administrative is forecasted to decline to about 1.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 99M | 100M | 85M | 61.7M | Depreciation And Amortization | 813M | 823M | 734M | 451.9M |
News Corp fundamental ratios Correlations
Click cells to compare fundamentals
News Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
News Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 14.3B | 16.8B | 17.2B | 16.9B | 16.7B | 17.4B | |
Other Current Liab | 1.9B | 2.4B | 2.2B | 2.1B | 2.0B | 1.4B | |
Total Current Liabilities | 2.7B | 3.2B | 3.5B | 3.5B | 3.1B | 3.1B | |
Total Stockholder Equity | 7.6B | 8.2B | 8.2B | 8.1B | 8.1B | 8.0B | |
Other Liab | 827M | 990M | 836M | 743M | 854.5M | 884.6M | |
Property Plant And Equipment Net | 3.3B | 3.3B | 3.0B | 3.1B | 2.9B | 2.3B | |
Current Deferred Revenue | 398M | 473M | 604M | 622M | 551M | 499.6M | |
Net Debt | 888M | 1.2B | 2.2B | 2.3B | 2.1B | 2.2B | |
Accounts Payable | 605M | 411M | 351M | 321M | 440M | 365.1M | |
Cash | 1.5B | 2.2B | 1.8B | 1.8B | 2.0B | 1.6B | |
Non Current Assets Total | 10.8B | 12.3B | 13.1B | 12.9B | 12.3B | 12.9B | |
Non Currrent Assets Other | 1.0B | 1.4B | 1.4B | 1.3B | 1.2B | 883.1M | |
Other Assets | 2.7B | 1.8B | 1.8B | 1.7B | 1.9B | 1.2B | |
Cash And Short Term Investments | 1.5B | 2.2B | 1.8B | 1.8B | 2.0B | 1.6B | |
Net Receivables | 1.2B | 1.5B | 1.5B | 1.4B | 1.6B | 1.6B | |
Good Will | 4.0B | 4.7B | 5.2B | 5.1B | 5.2B | 4.5B | |
Liabilities And Stockholders Equity | 14.3B | 16.8B | 17.2B | 16.9B | 16.7B | 17.4B | |
Non Current Liabilities Total | 3.2B | 4.4B | 4.6B | 4.5B | 4.6B | 2.7B | |
Other Current Assets | 393M | 469M | 458M | 484M | 548M | 492.7M | |
Other Stockholder Equity | 12.1B | 12.1B | 11.8B | 11.4B | 11.3B | 9.8B | |
Total Liab | 5.9B | 7.6B | 8.1B | 8.0B | 7.7B | 5.8B | |
Property Plant And Equipment Gross | 3.3B | 3.3B | 2.1B | 3.1B | 7.3B | 7.6B | |
Total Current Assets | 3.5B | 4.5B | 4.1B | 4.1B | 4.4B | 4.5B | |
Accumulated Other Comprehensive Income | (1.3B) | (941M) | (1.3B) | (1.2B) | (1.3B) | (1.3B) | |
Short Term Debt | 76M | 28M | 293M | 347M | 171M | 162.5M | |
Intangible Assets | 2.4B | 1.9B | 2.2B | 2.5B | 2.3B | 1.9B | |
Property Plant Equipment | 2.8B | 3.3B | 3.0B | 2.5B | 2.2B | 2.2B | |
Short Long Term Debt Total | 2.4B | 3.4B | 4.0B | 4.1B | 4.1B | 2.3B | |
Retained Earnings | (3.2B) | (2.9B) | (2.3B) | (2.1B) | (1.9B) | (2.0B) | |
Net Tangible Assets | 1.3B | 1.4B | 382M | 1.6B | 1.4B | 2.6B | |
Noncontrolling Interest In Consolidated Entity | 807M | 935M | 921M | 881M | 1.0B | 715.9M | |
Long Term Debt | 1.2B | 2.3B | 2.8B | 2.6B | 2.9B | 1.5B | |
Retained Earnings Total Equity | (3.2B) | (2.9B) | (2.3B) | (2.1B) | (1.9B) | (2.0B) | |
Capital Surpluse | 12.1B | 12.1B | 11.8B | 11.4B | 10.3B | 9.7B | |
Deferred Long Term Liab | 258M | 260M | 198M | 163M | 187.5M | 221.5M | |
Long Term Investments | 297M | 351M | 488M | 427M | 430M | 408.5M | |
Non Current Liabilities Other | 326M | 519M | 483M | 446M | 492M | 562.9M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether News Corp A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of News Corp'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 News Corp A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on News Corp A Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp A. 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. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Publishing 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 News Corp. If investors know News 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 News Corp 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 (0.42) | Dividend Share 0.2 | Earnings Share 0.46 | Revenue Per Share 17.656 | Quarterly Revenue Growth 0.059 |
The market value of News Corp A is measured differently than its book value, which is the value of News that is recorded on the company's balance sheet. Investors also form their own opinion of News Corp's value that differs from its market value or its book value, called intrinsic value, which is News Corp'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 News Corp's market value can be influenced by many factors that don't directly affect News Corp'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 News Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if News Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, News Corp'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.