Fox Retained Earnings Total Equity vs Total Current Liabilities Analysis

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 Retained Earnings Total Equity and its Total Current Liabilities 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.

Retained Earnings Total Equity vs Total Current Liabilities

Retained Earnings Total Equity vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Retained Earnings Total Equity account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fox Corp's Retained Earnings Total Equity and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Retained Earnings Total Equity that can explain the historical movement of Total Current Liabilities 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 Retained Earnings Total Equity and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings Total Equity of Fox Corp Class are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Retained Earnings Total Equity i.e., Fox Corp's Retained Earnings Total Equity and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Retained Earnings Total Equity

The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.

Total Current Liabilities

Total Current Liabilities is an item on Fox Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fox Corp Class are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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).
 2021 2022 2023 2024 (projected)
Income Before Tax1.7B1.7B2.1B2.4B
Total Operating Expenses11.4B12.1B2.0B1.9B

Fox Corp fundamental ratios Correlations

0.730.980.970.94-0.93-0.17-0.580.66-0.290.620.880.980.890.880.60.96-0.920.010.780.980.780.95-0.480.84
0.730.80.690.83-0.810.28-0.910.24-0.510.790.710.780.730.690.490.8-0.84-0.040.60.690.620.790.00.47
0.980.80.940.94-0.95-0.1-0.670.56-0.430.680.890.990.90.890.660.96-0.93-0.090.830.930.830.94-0.380.85
0.970.690.940.87-0.85-0.14-0.540.76-0.280.540.920.930.920.920.620.89-0.82-0.050.780.970.780.88-0.460.85
0.940.830.940.87-0.980.05-0.720.45-0.430.820.80.950.830.80.580.98-0.950.010.730.90.740.97-0.210.74
-0.93-0.81-0.95-0.85-0.980.040.73-0.360.55-0.8-0.83-0.97-0.86-0.83-0.71-0.960.920.16-0.84-0.85-0.84-0.920.22-0.82
-0.170.28-0.1-0.140.050.04-0.38-0.25-0.370.51-0.09-0.1-0.06-0.12-0.19-0.03-0.080.1-0.21-0.12-0.20.010.83-0.37
-0.58-0.91-0.67-0.54-0.720.73-0.380.010.72-0.81-0.62-0.69-0.65-0.6-0.64-0.660.670.34-0.67-0.5-0.68-0.62-0.25-0.44
0.660.240.560.760.45-0.36-0.250.010.310.030.580.510.560.590.10.51-0.460.330.290.770.290.55-0.640.52
-0.29-0.51-0.43-0.28-0.430.55-0.370.720.31-0.69-0.53-0.49-0.55-0.51-0.77-0.330.340.74-0.69-0.14-0.7-0.27-0.48-0.47
0.620.790.680.540.82-0.80.51-0.810.03-0.690.60.710.650.580.490.74-0.79-0.10.550.560.560.740.340.42
0.880.710.890.920.8-0.83-0.09-0.620.58-0.530.60.911.01.00.770.77-0.76-0.320.870.830.880.76-0.310.86
0.980.780.990.930.95-0.97-0.1-0.690.51-0.490.710.910.920.910.730.95-0.91-0.170.870.920.870.93-0.340.88
0.890.730.90.920.83-0.86-0.06-0.650.56-0.550.651.00.921.00.780.8-0.79-0.310.880.840.880.79-0.270.86
0.880.690.890.920.8-0.83-0.12-0.60.59-0.510.581.00.911.00.780.77-0.75-0.320.880.830.880.76-0.330.88
0.60.490.660.620.58-0.71-0.19-0.640.1-0.770.490.770.730.780.780.52-0.43-0.780.960.460.960.44-0.080.85
0.960.80.960.890.98-0.96-0.03-0.660.51-0.330.740.770.950.80.770.52-0.960.10.70.930.70.99-0.330.74
-0.92-0.84-0.93-0.82-0.950.92-0.080.67-0.460.34-0.79-0.76-0.91-0.79-0.75-0.43-0.96-0.16-0.62-0.89-0.63-0.980.28-0.63
0.01-0.04-0.09-0.050.010.160.10.340.330.74-0.1-0.32-0.17-0.31-0.32-0.780.1-0.16-0.620.17-0.610.2-0.23-0.43
0.780.60.830.780.73-0.84-0.21-0.670.29-0.690.550.870.870.880.880.960.7-0.62-0.620.661.00.63-0.230.94
0.980.690.930.970.9-0.85-0.12-0.50.77-0.140.560.830.920.840.830.460.93-0.890.170.660.660.95-0.50.76
0.780.620.830.780.74-0.84-0.2-0.680.29-0.70.560.880.870.880.880.960.7-0.63-0.611.00.660.63-0.220.93
0.950.790.940.880.97-0.920.01-0.620.55-0.270.740.760.930.790.760.440.99-0.980.20.630.950.63-0.330.68
-0.480.0-0.38-0.46-0.210.220.83-0.25-0.64-0.480.34-0.31-0.34-0.27-0.33-0.08-0.330.28-0.23-0.23-0.5-0.22-0.33-0.45
0.840.470.850.850.74-0.82-0.37-0.440.52-0.470.420.860.880.860.880.850.74-0.63-0.430.940.760.930.68-0.45
Click cells to compare fundamentals

Fox Corp Account Relationship Matchups

Fox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.8B22.9B22.2B21.9B22.0B22.3B
Other Current Liab240M1.3B1.3B1.5B1.4B1.3B
Total Current Liabilities1.9B3.0B2.3B3.8B3.0B3.1B
Total Stockholder Equity10.1B11.1B11.3B10.4B10.7B9.3B
Other Liab1.0B1.3B1.1B559M503.1M477.9M
Net Tangible Assets3.3B4.5B4.6B3.9B4.5B4.8B
Retained Earnings674M2.0B2.5B2.3B3.1B2.7B
Accounts Payable1.4B659M686M785M683M576.8M
Cash4.6B5.9B5.2B4.3B4.3B3.5B
Other Assets4.8B5.9B5.5B3.6B4.2B4.0B
Long Term Debt7.9B7.2B7.2B6.0B6.6B9.9B
Net Receivables1.9B2.0B2.1B2.2B2.4B2.3B
Good Will3.4B3.4B3.6B3.6B3.5B5.0B
Inventory856M729M791M543M626M737.7M
Other Current Assets97M105M162M265M192M182.4M
Other Stockholder Equity9.8B9.5B9.1B8.3B7.7B6.6B
Total Liab11.6B11.8B10.8B11.4B10.9B10.0B
Total Current Assets7.5B8.7B8.3B7.3B7.5B7.4B
Accumulated Other Comprehensive Income(417M)(318M)(226M)(149M)(107M)(101.7M)
Short Term Debt122M841M107M1.3B675M641.3M
Intangible Assets3.2B3.2B3.2B3.1B3.0B3.7B
Common Stock9.5B7M6M5M4M3.8M
Property Plant Equipment1.3B2.0B1.7B1.7B1.5B1.4B
Common Stock Shares Outstanding616M595M570M531M480M468.7M
Property Plant And Equipment Net1.3B1.5B1.7B1.7B2.6B1.8B
Current Deferred Revenue152M196M209M160M180M184.4M
Net Debt3.3B2.1B2.1B2.9B3.8B2.1B
Non Current Assets Total14.3B14.2B13.9B14.6B14.5B13.7B
Non Currrent Assets Other936M1.2B1.5B2.1B1.3B1.2B
Cash And Short Term Investments4.6B5.9B5.2B4.3B4.3B4.1B
Liabilities And Stockholders Equity21.8B22.9B22.2B21.9B22.0B21.1B
Non Current Liabilities Total9.7B8.8B8.5B7.7B8.0B7.5B
Net Invested Capital18.0B19.1B18.5B17.6B17.9B17.0B
Property Plant And Equipment Gross2.0B2.2B3.9B4.6B4.8B2.9B

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