FOX Stock | | | USD 44.12 0.75 1.73% |
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 Long Term Investments and its Accounts Payable 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.
Long Term Investments vs Accounts Payable
Long Term Investments vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Fox Corp Class Long Term Investments account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fox Corp's Long Term Investments and Accounts Payable is -0.61. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Accounts Payable 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 Long Term Investments 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 Long Term Investments of Fox Corp Class 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 Long Term Investments i.e., Fox Corp's Long Term Investments and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.61 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Long Term Investments
Long Term Investments is an item on the asset side of Fox Corp balance sheet that represents investments Fox Corp Class intends to hold for over a year. Fox Corp Class long term investments may include different instruments such as stocks, bonds, real estate and cash.
Accounts Payable
An accounting item on the balance sheet that represents Fox 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 Fox Corp Class 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 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
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.