FOX Stock | | | USD 43.71 0.66 1.49% |
Fox Corp financial indicator trend analysis is much more than just examining Fox Corp Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Corp Class is a good investment. Please check the relationship between Fox Corp Cash and its Additional Paid In Capital accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
Cash vs Additional Paid In Capital
Cash vs Additional Paid In Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fox Corp Class Cash account and
Additional Paid In Capital. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Fox Corp's Cash and Additional Paid In Capital is 0.51. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Additional Paid In Capital in the same time period over historical financial statements of Fox Corp Class, assuming nothing else is changed. The correlation between historical values of Fox Corp's Cash and Additional Paid In Capital 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 Fox Corp Class are associated (or correlated) with its Additional Paid In Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Additional Paid In Capital has no effect on the direction of Cash i.e., Fox Corp's Cash and Additional Paid In Capital go up and down completely randomly.
Correlation Coefficient | 0.51 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of Fox Corp Class, which is listed under current asset account on Fox Corp Class balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fox Corp customers. The amounts must be unrestricted with restricted cash listed in a different Fox 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.
Additional Paid In Capital
Additional Paid In Capital (or APIC) is an accounting term found on Fox Corp Class Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Fox Corp Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Fox Corp Class shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company's shares, representing the additional capital contributed by shareholders.
Most indicators from Fox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Corp Class 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 Fox Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in persons.
At this time, Fox Corp's
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 10.32 in 2024, despite the fact that
Discontinued Operations is likely to grow to (10.3
M).
Fox Corp fundamental ratios Correlations
Click cells to compare fundamentals
Fox Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Fox Corp fundamental ratios Accounts
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Additional Tools for Fox Stock Analysis
When running Fox Corp's price analysis, check to
measure Fox Corp'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 Fox Corp is operating at the current time. Most of Fox Corp's value examination focuses on studying past and present price action to
predict the probability of Fox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fox Corp's price. Additionally, you may evaluate how the addition of Fox Corp to your portfolios can decrease your overall portfolio volatility.