Disney Non Operating Income Net Other vs Selling General Administrative Analysis

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 Non Operating Income Net Other and its Selling General Administrative 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.

Non Operating Income Net Other vs Selling General Administrative

Non Operating Income Net Other vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walt Disney Non Operating Income Net Other account and Selling General Administrative. At this time, the significance of the direction appears to have pay attention.
The correlation between Disney's Non Operating Income Net Other and Selling General Administrative is -0.79. Overlapping area represents the amount of variation of Non Operating Income Net Other that can explain the historical movement of Selling General Administrative 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 Non Operating Income Net Other and Selling General Administrative 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 Operating Income Net Other of Walt Disney are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Operating Income Net Other i.e., Disney's Non Operating Income Net Other and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.79
Relationship DirectionNegative 
Relationship StrengthWeak

Non Operating Income Net Other

Selling General Administrative

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 Profit28.3B29.7B32.7B34.3B
Total Revenue82.7B88.9B91.4B95.9B

Disney fundamental ratios Correlations

0.980.980.98-0.031.00.60.620.980.590.990.680.970.750.980.730.730.820.60.710.840.870.70.460.970.9
0.980.940.98-0.080.980.560.570.990.621.00.660.940.710.970.780.780.80.510.670.790.870.710.530.940.87
0.980.940.96-0.020.990.70.680.930.570.960.750.970.730.970.630.630.770.640.780.890.80.680.360.990.86
0.980.980.96-0.080.980.640.560.950.60.980.760.980.670.960.640.640.770.50.70.810.790.790.510.960.83
-0.03-0.08-0.02-0.08-0.04-0.23-0.34-0.08-0.79-0.03-0.10.040.52-0.09-0.05-0.050.310.52-0.26-0.070.120.15-0.570.050.22
1.00.980.990.98-0.040.620.620.970.60.990.710.970.740.990.710.710.810.590.730.850.850.70.460.970.88
0.60.560.70.64-0.230.620.650.480.480.550.90.690.250.630.10.10.170.290.90.840.20.40.010.710.36
0.620.570.680.56-0.340.620.650.570.560.580.60.570.250.610.410.410.240.410.720.680.40.240.040.670.43
0.980.990.930.95-0.080.970.480.570.620.990.580.910.720.950.830.830.820.520.610.750.910.660.560.910.89
0.590.620.570.6-0.790.60.480.560.620.590.40.50.090.630.490.490.30.010.60.510.460.230.770.490.41
0.991.00.960.98-0.030.990.550.580.990.590.660.960.740.980.770.770.830.560.660.80.880.720.50.950.89
0.680.660.750.76-0.10.710.90.60.580.40.660.790.330.690.150.150.340.320.770.790.30.660.090.810.45
0.970.940.970.980.040.970.690.570.910.50.960.790.730.960.580.580.770.580.760.880.760.80.360.980.84
0.750.710.730.670.520.740.250.250.720.090.740.330.730.710.660.660.910.880.40.590.860.530.110.730.94
0.980.970.970.96-0.090.990.630.610.950.630.980.690.960.710.70.70.780.530.770.890.830.660.480.950.86
0.730.780.630.64-0.050.710.10.410.830.490.770.150.580.660.71.00.690.420.360.50.910.270.490.590.77
0.730.780.630.64-0.050.710.10.410.830.490.770.150.580.660.71.00.690.420.360.50.910.270.490.590.77
0.820.80.770.770.310.810.170.240.820.30.830.340.770.910.780.690.690.750.320.520.920.660.440.750.96
0.60.510.640.50.520.590.290.410.520.010.560.320.580.880.530.420.420.750.360.480.670.41-0.130.640.8
0.710.670.780.7-0.260.730.90.720.610.60.660.770.760.40.770.360.360.320.360.950.410.380.120.760.52
0.840.790.890.81-0.070.850.840.680.750.510.80.790.880.590.890.50.50.520.480.950.580.480.150.880.68
0.870.870.80.790.120.850.20.40.910.460.880.30.760.860.830.910.910.920.670.410.580.530.50.760.95
0.70.710.680.790.150.70.40.240.660.230.720.660.80.530.660.270.270.660.410.380.480.530.320.740.6
0.460.530.360.51-0.570.460.010.040.560.770.50.090.360.110.480.490.490.44-0.130.120.150.50.320.280.38
0.970.940.990.960.050.970.710.670.910.490.950.810.980.730.950.590.590.750.640.760.880.760.740.280.84
0.90.870.860.830.220.880.360.430.890.410.890.450.840.940.860.770.770.960.80.520.680.950.60.380.84
Click cells to compare fundamentals

Disney Account Relationship Matchups

Disney fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets201.5B203.6B203.6B205.6B196.2B206.0B
Short Long Term Debt Total58.9B54.4B48.4B49.9B48.7B51.2B
Total Stockholder Equity83.6B88.6B95.0B99.3B100.7B105.7B
Net Debt40.7B38.4B36.8B35.7B42.7B44.9B
Retained Earnings38.3B40.4B43.6B46.1B49.7B28.2B
Non Current Assets Total166.3B170.0B174.5B172.8B171.0B179.5B
Non Currrent Assets Other8.4B8.7B36.6B40.2B82.5B86.6B
Common Stock Shares Outstanding1.8B1.8B1.8B1.8B1.8B2.0B
Liabilities And Stockholders Equity201.5B203.6B203.6B205.6B196.2B206.0B
Non Current Liabilities Total77.4B70.3B66.2B61.4B56.1B58.9B
Total Liab104.0B101.4B95.3B92.6B90.7B95.2B
Other Current Liab4.1B4.5B3.6B3.3B10.5B11.0B
Total Current Liabilities26.6B31.1B29.1B31.1B34.6B36.3B
Property Plant And Equipment Net32.1B32.6B33.6B39.4B37.0B19.8B
Accounts Payable12.7B16.4B16.2B15.1B14.8B15.5B
Cash17.9B16.0B11.6B14.2B6.0B4.0B
Cash And Short Term Investments17.9B16.0B11.6B14.2B6.0B4.0B
Net Receivables12.7B13.4B12.7B12.3B12.7B6.6B
Inventory1.6B1.3B1.7B2.0B2.0B1.2B
Other Current Assets875M3B3.1B4.3B4.5B4.7B
Property Plant And Equipment Gross32.1B70.5B73.0B77.6B82.5B86.7B
Total Current Assets35.3B33.7B29.1B32.8B25.2B14.8B
Accumulated Other Comprehensive Income(8.3B)(6.4B)(4.1B)(3.3B)(3.7B)(3.9B)
Short Term Debt5.7B5.9B3.1B4.3B6.8B7.2B
Intangible Assets19.2B17.1B14.8B13.1B10.7B9.9B
Common Stock Total Equity36.8B53.9B54.5B55.5B63.8B67.0B
Common Stock54.5B55.5B56.4B57.4B58.6B34.7B
Other Liab21.6B21.8B20.9B15.9B18.2B9.4B
Other Assets29.4B38.2B9.2B11.1B12.7B10.5B
Long Term Debt52.9B48.5B45.3B42.1B39.0B21.8B
Property Plant Equipment36.1B32.6B33.6B34.9B40.2B24.7B
Good Will77.7B78.1B77.9B77.1B73.3B41.5B
Current Deferred Revenue4.1B4.3B5.8B6.1B6.7B4.2B

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