Fox Good Will vs Net Receivables Analysis
FOXA Stock | USD 46.64 0.94 2.06% |
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 Good Will and its Net Receivables 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 interest.
Good Will vs Net Receivables
Good Will vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Good Will account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fox Corp's Good Will and Net Receivables is 0.63. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Net Receivables 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 Good Will and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Fox Corp Class are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Good Will i.e., Fox Corp's Good Will and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Net Receivables
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 interest. At present, Fox Corp's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.32, whereas Discontinued Operations is projected to grow to (10.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.5B | 4.8B | 4.5B | 8.2B | Total Revenue | 14.0B | 14.9B | 14.0B | 16.7B |
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
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 21.8B | 22.9B | 22.2B | 21.9B | 22.0B | 33.3B | |
Other Current Liab | 240M | 1.3B | 1.3B | 1.5B | 1.4B | 2.0B | |
Total Current Liabilities | 1.9B | 3.0B | 2.3B | 3.8B | 3.0B | 4.8B | |
Total Stockholder Equity | 10.1B | 11.1B | 11.3B | 10.4B | 10.7B | 15.2B | |
Other Liab | 1.0B | 1.3B | 1.1B | 559M | 503.1M | 477.9M | |
Retained Earnings | 674M | 2.0B | 2.5B | 2.3B | 3.1B | 3.8B | |
Accounts Payable | 1.4B | 659M | 686M | 785M | 683M | 648.9M | |
Cash | 4.6B | 5.9B | 5.2B | 4.3B | 4.3B | 4.3B | |
Other Assets | 4.8B | 5.9B | 5.5B | 3.6B | 3.3B | 4.7B | |
Long Term Debt | 7.9B | 7.2B | 7.2B | 6.0B | 6.6B | 9.8B | |
Good Will | 3.4B | 3.4B | 3.6B | 3.6B | 3.5B | 6.4B | |
Inventory | 856M | 729M | 791M | 543M | 626M | 594.7M | |
Other Current Assets | 97M | 105M | 162M | 265M | 192M | 280.6M | |
Total Liab | 11.6B | 11.8B | 10.8B | 11.4B | 10.9B | 17.0B | |
Intangible Assets | 3.2B | 3.2B | 3.2B | 3.1B | 3.0B | 2.9B | |
Common Stock | 9.5B | 7M | 6M | 5M | 4M | 3.8M | |
Property Plant Equipment | 1.3B | 2.0B | 1.7B | 1.7B | 1.5B | 2.8B | |
Noncontrolling Interest In Consolidated Entity | 17M | 2M | 36M | 67M | 60.3M | 57.3M | |
Retained Earnings Total Equity | 674M | 2.0B | 2.5B | 2.3B | 2.0B | 2.9B | |
Total Current Assets | 7.5B | 8.7B | 8.3B | 7.3B | 7.5B | 8.0B | |
Accumulated Other Comprehensive Income | (417M) | (318M) | (226M) | (149M) | (107M) | (101.7M) | |
Net Tangible Assets | 3.3B | 4.5B | 4.6B | 3.9B | 4.5B | 4.8B | |
Net Receivables | 1.9B | 2.0B | 2.1B | 2.2B | 2.4B | 2.3B | |
Other Stockholder Equity | 9.8B | 9.5B | 9.1B | 8.3B | 7.7B | 6.6B | |
Short Term Debt | 122M | 841M | 107M | 1.3B | 675M | 641.3M | |
Common Stock Shares Outstanding | 616M | 595M | 570M | 531M | 480M | 468.7M | |
Property Plant And Equipment Net | 1.3B | 1.5B | 1.7B | 1.7B | 2.6B | 1.8B | |
Current Deferred Revenue | 152M | 196M | 209M | 160M | 180M | 184.4M | |
Net Debt | 3.3B | 2.1B | 2.1B | 2.9B | 3.8B | 2.1B | |
Non Current Assets Total | 14.3B | 14.2B | 13.9B | 14.6B | 14.5B | 13.7B | |
Non Currrent Assets Other | 936M | 1.2B | 1.5B | 2.1B | 1.3B | 1.2B | |
Cash And Short Term Investments | 4.6B | 5.9B | 5.2B | 4.3B | 4.3B | 4.1B | |
Liabilities And Stockholders Equity | 21.8B | 22.9B | 22.2B | 21.9B | 22.0B | 21.1B | |
Non Current Liabilities Total | 9.7B | 8.8B | 8.5B | 7.7B | 8.0B | 7.5B |
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.When determining whether Fox Corp Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fox Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fox Corp Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fox Corp Class Stock: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 interest. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fox Corp. If investors know Fox will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fox Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.171 | Dividend Share 0.53 | Earnings Share 4.09 | Revenue Per Share 30.488 | Quarterly Revenue Growth 0.111 |
The market value of Fox Corp Class is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Corp's value that differs from its market value or its book value, called intrinsic value, which is Fox Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fox Corp's market value can be influenced by many factors that don't directly affect Fox Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.