Fox Total Current Assets vs Retained Earnings 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 Current Assets and its Retained Earnings 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 Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Total Current Assets account and Retained Earnings. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Fox Corp's Total Current Assets and Retained Earnings is -0.45. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Retained Earnings 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 Current Assets and Retained Earnings 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 Current Assets of Fox Corp Class are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Current Assets i.e., Fox Corp's Total Current Assets and Retained Earnings go up and down completely randomly.

Correlation Coefficient

-0.45

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

Gross Profit Total Revenue

Fox Corp fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Good Will	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Total Equity	Retained Earnings Total Equity	Additional Paid In Capital	Total Current Assets	Net Tangible Assets	Net Receivables	Other Stockholder Equity	Short Long Term Debt	Short Term Debt
Total Assets		0.77	0.97	0.9	0.81	0.19	0.83	0.72	0.73	0.46	0.86	0.87	0.79	0.99	0.94	-0.39	0.68	0.51	0.46	-0.26	0.19	-0.85	0.81	-0.9	0.69	0.69
Other Current Liab	0.77		0.79	0.54	0.81	0.01	0.41	0.36	0.57	0.68	0.8	0.89	0.92	0.82	0.8	-0.2	0.33	0.29	0.22	-0.13	0.27	-0.75	0.41	-0.83	0.38	0.39
Total Current Liabilities	0.97	0.79		0.88	0.83	0.22	0.84	0.68	0.62	0.52	0.88	0.86	0.79	0.95	0.93	-0.32	0.71	0.48	0.43	-0.29	0.11	-0.87	0.82	-0.9	0.72	0.73
Total Stockholder Equity	0.9	0.54	0.88		0.67	0.49	0.87	0.75	0.54	0.28	0.64	0.65	0.61	0.82	0.78	-0.26	0.89	0.33	0.29	-0.47	-0.09	-0.76	0.85	-0.75	0.75	0.76
Other Liab	0.81	0.81	0.83	0.67		0.29	0.72	0.41	0.45	0.77	0.74	0.94	0.71	0.82	0.93	0.04	0.51	0.44	0.33	-0.28	0.07	-0.94	0.73	-0.91	0.67	0.67
Retained Earnings	0.19	0.01	0.22	0.49	0.29		0.35	0.03	-0.36	0.2	-0.17	0.07	0.01	0.06	0.2	0.6	0.56	-0.07	-0.12	-0.51	-0.45	-0.37	0.45	-0.3	0.46	0.46
Accounts Payable	0.83	0.41	0.84	0.87	0.72	0.35		0.71	0.44	0.36	0.7	0.68	0.43	0.76	0.82	-0.21	0.77	0.5	0.44	-0.39	-0.14	-0.8	0.96	-0.72	0.83	0.83
Cash	0.72	0.36	0.68	0.75	0.41	0.03	0.71		0.71	0.05	0.63	0.48	0.44	0.68	0.53	-0.62	0.58	0.35	0.36	-0.16	0.18	-0.38	0.57	-0.44	0.35	0.35
Other Assets	0.73	0.57	0.62	0.54	0.45	-0.36	0.44	0.71		0.04	0.67	0.61	0.62	0.79	0.6	-0.79	0.28	0.43	0.44	0.09	0.53	-0.41	0.37	-0.51	0.22	0.21
Long Term Debt	0.46	0.68	0.52	0.28	0.77	0.2	0.36	0.05	0.04		0.6	0.75	0.43	0.49	0.63	0.37	0.11	0.44	0.33	0.02	0.17	-0.61	0.38	-0.67	0.28	0.3
Good Will	0.86	0.8	0.88	0.64	0.74	-0.17	0.7	0.63	0.67	0.6		0.87	0.73	0.89	0.85	-0.43	0.42	0.57	0.53	-0.01	0.31	-0.71	0.63	-0.74	0.53	0.53
Inventory	0.87	0.89	0.86	0.65	0.94	0.07	0.68	0.48	0.61	0.75	0.87		0.79	0.9	0.95	-0.15	0.4	0.54	0.44	-0.11	0.28	-0.87	0.67	-0.9	0.56	0.57
Other Current Assets	0.79	0.92	0.79	0.61	0.71	0.01	0.43	0.44	0.62	0.43	0.73	0.79		0.83	0.75	-0.34	0.46	0.06	0.01	-0.36	0.1	-0.73	0.41	-0.78	0.44	0.45
Total Liab	0.99	0.82	0.95	0.82	0.82	0.06	0.76	0.68	0.79	0.49	0.89	0.9	0.83		0.94	-0.44	0.57	0.54	0.49	-0.16	0.3	-0.83	0.74	-0.9	0.59	0.6
Intangible Assets	0.94	0.8	0.93	0.78	0.93	0.2	0.82	0.53	0.6	0.63	0.85	0.95	0.75	0.94		-0.17	0.57	0.56	0.48	-0.23	0.15	-0.95	0.84	-0.94	0.76	0.76
Common Stock	-0.39	-0.2	-0.32	-0.26	0.04	0.6	-0.21	-0.62	-0.79	0.37	-0.43	-0.15	-0.34	-0.44	-0.17		-0.16	-0.19	-0.26	-0.17	-0.39	0.0	-0.07	0.1	0.03	0.04
Property Plant Equipment	0.68	0.33	0.71	0.89	0.51	0.56	0.77	0.58	0.28	0.11	0.42	0.4	0.46	0.57	0.57	-0.16		0.04	0.01	-0.64	-0.4	-0.65	0.71	-0.52	0.78	0.78
Common Stock Total Equity	0.51	0.29	0.48	0.33	0.44	-0.07	0.5	0.35	0.43	0.44	0.57	0.54	0.06	0.54	0.56	-0.19	0.04		0.99	0.56	0.67	-0.36	0.52	-0.47	0.23	0.23
Retained Earnings Total Equity	0.46	0.22	0.43	0.29	0.33	-0.12	0.44	0.36	0.44	0.33	0.53	0.44	0.01	0.49	0.48	-0.26	0.01	0.99		0.62	0.71	-0.26	0.46	-0.39	0.16	0.16
Additional Paid In Capital	-0.26	-0.13	-0.29	-0.47	-0.28	-0.51	-0.39	-0.16	0.09	0.02	-0.01	-0.11	-0.36	-0.16	-0.23	-0.17	-0.64	0.56	0.62		0.84	0.44	-0.4	0.27	-0.58	-0.58
Total Current Assets	0.19	0.27	0.11	-0.09	0.07	-0.45	-0.14	0.18	0.53	0.17	0.31	0.28	0.1	0.3	0.15	-0.39	-0.4	0.67	0.71	0.84		0.1	-0.14	-0.15	-0.41	-0.41
Net Tangible Assets	-0.85	-0.75	-0.87	-0.76	-0.94	-0.37	-0.8	-0.38	-0.41	-0.61	-0.71	-0.87	-0.73	-0.83	-0.95	0.0	-0.65	-0.36	-0.26	0.44	0.1		-0.83	0.92	-0.84	-0.84
Net Receivables	0.81	0.41	0.82	0.85	0.73	0.45	0.96	0.57	0.37	0.38	0.63	0.67	0.41	0.74	0.84	-0.07	0.71	0.52	0.46	-0.4	-0.14	-0.83		-0.76	0.87	0.88
Other Stockholder Equity	-0.9	-0.83	-0.9	-0.75	-0.91	-0.3	-0.72	-0.44	-0.51	-0.67	-0.74	-0.9	-0.78	-0.9	-0.94	0.1	-0.52	-0.47	-0.39	0.27	-0.15	0.92	-0.76		-0.62	-0.63
Short Long Term Debt	0.69	0.38	0.72	0.75	0.67	0.46	0.83	0.35	0.22	0.28	0.53	0.56	0.44	0.59	0.76	0.03	0.78	0.23	0.16	-0.58	-0.41	-0.84	0.87	-0.62		1.0
Short Term Debt	0.69	0.39	0.73	0.76	0.67	0.46	0.83	0.35	0.21	0.3	0.53	0.57	0.45	0.6	0.76	0.04	0.78	0.23	0.16	-0.58	-0.41	-0.84	0.88	-0.63	1.0

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Fox Corp Account Relationship Matchups

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

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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:

How To Invest In Fox

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Is Fox Stock a good investment?

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What is Fox Corp's Net Worth?

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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

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Fox Total Current Assets vs Retained Earnings Analysis

Total Current Assets vs Retained Earnings

Total Current Assets vs Retained Earnings Correlation Analysis

Correlation Coefficient

Total Current Assets

Retained Earnings

Fox Corp fundamental ratios Correlations

Fox Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fox Corp fundamental ratios Accounts

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MAIN CATEGORIES

COMPANY

Short Term Debt	+ 1.0	Short Long Term Debt
Total Liab	+ 0.99	Total Assets
Retained Earnings Total Equity	+ 0.99	Common Stock Total Equity
Total Current Liabilities	+ 0.97	Total Assets
Net Receivables	+ 0.96	Accounts Payable
Total Liab	+ 0.95	Total Current Liabilities

Net Tangible Assets	- 0.95	Intangible Assets
Other Stockholder Equity	- 0.94	Intangible Assets
Net Tangible Assets	- 0.94	Other Liab
Other Stockholder Equity	- 0.91	Other Liab
Other Stockholder Equity	- 0.9	Total Liab
Other Stockholder Equity	- 0.9	Inventory