News Net Receivables vs Common Stock 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 Net Receivables and its Common Stock 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.

Net Receivables vs Common Stock

Net Receivables vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp Cl Net Receivables account and Common Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between News Corp's Net Receivables and Common Stock is -0.32. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Common Stock 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 Net Receivables and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of News Corp Cl are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Net Receivables i.e., News Corp's Net Receivables and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.32
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Common Stock

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
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 Liab1.7B2.2B2.1B1.9B2.0B2.0B
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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