DIS Stock | | | USD 114.61 0.12 0.10% |
Disney financial indicator trend analysis is much more than just examining Walt Disney latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walt Disney is a good investment. Please check the relationship between Disney Net Income From Continuing Ops and its Gross Profit accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Net Income From Continuing Ops vs Gross Profit
Net Income From Continuing Ops vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walt Disney Net Income From Continuing Ops account and
Gross Profit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Disney's Net Income From Continuing Ops and Gross Profit is -0.55. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Walt Disney, assuming nothing else is changed. The correlation between historical values of Disney's Net Income From Continuing Ops and Gross Profit 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 Income From Continuing Ops of Walt Disney are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Net Income From Continuing Ops i.e., Disney's Net Income From Continuing Ops and Gross Profit go up and down completely randomly.
Correlation Coefficient | -0.55 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Net Income From Continuing Ops
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Walt Disney minus its cost of goods sold. It is profit before Disney operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Disney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walt Disney 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Disney's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 2.1
B in 2024, despite the fact that
Discontinued Operations is likely to grow to (41
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 28.3B | 29.7B | 32.7B | 34.3B | Total Revenue | 82.7B | 88.9B | 91.4B | 95.9B |
Disney fundamental ratios Correlations
Click cells to compare fundamentals
Disney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Disney fundamental ratios Accounts
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Additional Tools for Disney Stock Analysis
When running Disney's price analysis, check to
measure Disney'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 Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to
predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.