Fox Total Assets vs Property Plant Equipment 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 Total Assets and its Property Plant Equipment 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.
Total Assets vs Property Plant Equipment
Total Assets vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Total Assets account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fox Corp's Total Assets and Property Plant Equipment is 0.68. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Property Plant Equipment 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 Total Assets and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Fox Corp Class are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Assets i.e., Fox Corp's Total Assets and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.68 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Fox Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fox Corp Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Property Plant Equipment
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
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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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.