News Cash vs Accounts Payable Analysis

0K7U Stock   29.14  0.08  0.28%   
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp Cl recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp Cl is a good investment. Please check the relationship between News Corp Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in News Corp Cl. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp Cl Cash account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between News Corp's Cash and Accounts Payable is -0.17. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of News Corp Cl, assuming nothing else is changed. The correlation between historical values of News Corp's Cash 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 Cash of News Corp Cl 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 Cash i.e., News Corp's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Cash

Cash refers to the most liquid asset of News Corp Cl, which is listed under current asset account on News Corp Cl balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from News Corp customers. The amounts must be unrestricted with restricted cash listed in a different News Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents News Corp 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 News Corp Cl 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 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 Cl 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 News Corp Cl. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 66.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.7 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M85M61.7M
Depreciation And Amortization813M823M734M663.7M

News Corp fundamental ratios Correlations

0.350.370.28-0.36-0.260.160.430.16-0.250.350.22-0.250.250.210.140.20.130.150.180.17-0.38-0.310.18-0.76-0.35
0.350.520.54-0.080.110.640.420.390.40.920.460.40.640.590.480.230.180.620.520.68-0.330.280.48-0.38-0.3
0.370.520.72-0.59-0.130.560.730.27-0.110.570.8-0.110.190.720.690.190.70.250.720.17-0.69-0.250.83-0.31-0.67
0.280.540.72-0.770.030.850.840.78-0.280.680.85-0.280.460.930.830.390.320.10.90.04-0.660.10.78-0.2-0.8
-0.36-0.08-0.59-0.77-0.04-0.63-0.92-0.530.62-0.28-0.810.62-0.09-0.67-0.81-0.31-0.370.26-0.830.340.730.25-0.760.350.86
-0.260.11-0.130.03-0.040.040.050.080.030.170.190.030.14-0.120.310.09-0.24-0.170.25-0.060.320.410.010.26-0.03
0.160.640.560.85-0.630.040.820.63-0.150.770.76-0.150.430.820.840.230.250.130.870.11-0.610.210.79-0.27-0.6
0.430.420.730.84-0.920.050.820.53-0.440.590.88-0.440.230.790.910.320.480.010.92-0.09-0.78-0.170.89-0.48-0.84
0.160.390.270.78-0.530.080.630.53-0.170.450.53-0.170.530.720.510.69-0.010.090.60.09-0.390.20.35-0.05-0.63
-0.250.4-0.11-0.280.620.03-0.15-0.44-0.170.07-0.131.00.24-0.21-0.240.01-0.190.5-0.260.840.11-0.01-0.140.20.27
0.350.920.570.68-0.280.170.770.590.450.070.540.070.510.720.640.150.190.520.670.35-0.360.420.58-0.36-0.4
0.220.460.80.85-0.810.190.760.880.53-0.130.54-0.130.270.750.930.380.420.090.940.1-0.78-0.20.92-0.16-0.88
-0.250.4-0.11-0.280.620.03-0.15-0.44-0.171.00.07-0.130.24-0.21-0.240.01-0.190.5-0.260.840.11-0.01-0.140.20.27
0.250.640.190.46-0.090.140.430.230.530.240.510.270.240.390.250.39-0.080.150.320.59-0.070.290.14-0.32-0.17
0.210.590.720.93-0.67-0.120.820.790.72-0.210.720.75-0.210.390.780.350.380.340.840.07-0.710.160.79-0.24-0.78
0.140.480.690.83-0.810.310.840.910.51-0.240.640.93-0.240.250.780.220.360.030.99-0.03-0.680.040.92-0.23-0.8
0.20.230.190.39-0.310.090.230.320.690.010.150.380.010.390.350.220.120.190.270.27-0.32-0.210.15-0.14-0.49
0.130.180.70.32-0.37-0.240.250.48-0.01-0.190.190.42-0.19-0.080.380.360.120.020.370.06-0.35-0.480.58-0.32-0.29
0.150.620.250.10.26-0.170.130.010.090.50.520.090.50.150.340.030.190.020.050.53-0.280.120.15-0.07-0.19
0.180.520.720.9-0.830.250.870.920.6-0.260.670.94-0.260.320.840.990.270.370.05-0.02-0.70.060.92-0.23-0.83
0.170.680.170.040.34-0.060.11-0.090.090.840.350.10.840.590.07-0.030.270.060.53-0.02-0.11-0.130.07-0.250.03
-0.38-0.33-0.69-0.660.730.32-0.61-0.78-0.390.11-0.36-0.780.11-0.07-0.71-0.68-0.32-0.35-0.28-0.7-0.110.43-0.820.380.86
-0.310.28-0.250.10.250.410.21-0.170.2-0.010.42-0.2-0.010.290.160.04-0.21-0.480.120.06-0.130.43-0.20.260.26
0.180.480.830.78-0.760.010.790.890.35-0.140.580.92-0.140.140.790.920.150.580.150.920.07-0.82-0.2-0.29-0.79
-0.76-0.38-0.31-0.20.350.26-0.27-0.48-0.050.2-0.36-0.160.2-0.32-0.24-0.23-0.14-0.32-0.07-0.23-0.250.380.26-0.290.22
-0.35-0.3-0.67-0.80.86-0.03-0.6-0.84-0.630.27-0.4-0.880.27-0.17-0.78-0.8-0.49-0.29-0.19-0.830.030.860.26-0.790.22
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News Corp Account Relationship Matchups

News Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B16.8B17.2B16.9B16.7B17.4B
Other Current Liab1.7B2.2B2.1B1.9B2.0B2.0B
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 Payable605M411M351M321M440M365.0M
Cash1.5B2.2B1.8B1.8B2.0B1.6B
Non Current Assets Total10.8B12.3B13.1B12.9B12.3B12.9B
Non Currrent Assets Other1.0B1.4B1.4B1.3B1.2B884.2M
Cash And Short Term Investments1.5B2.2B1.8B1.8B2.0B1.6B
Net Receivables1.5B1.2B1.5B1.5B1.4B1.6B
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 Assets393M469M458M484M613M474.9M
Other Stockholder Equity12.1B12.1B11.8B11.4B11.3B12.6B
Total Liab5.9B7.6B8.1B8.0B7.7B5.8B
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 Debt207M199M432M139M171M162.5M
Intangible Assets2.4B1.9B2.2B2.5B2.3B1.9B
Other Assets1.2B1.7B1.7B1.7B1.9B1.2B
Retained Earnings(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Short Long Term Debt Total2.4B3.4B4.0B4.1B4.1B2.7B
Long Term Debt1.5B1.0B1.2B2.3B2.6B1.4B
Capital Surpluse12.3B12.2B12.1B12.1B10.9B9.8B
Property Plant Equipment2.8B2.8B2.4B2.5B2.9B2.6B
Other Liab827M974M836M743M668.7M724.3M
Net Tangible Assets1.3B847M(190M)(155M)(139.5M)(132.5M)

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