News Common Stock Total Equity vs Cash And Short Term Investments Analysis

NWS Stock  USD 32.12  0.06  0.19%   
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp B recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp B is a good investment. Please check the relationship between News Corp Common Stock Total Equity and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Common Stock Total Equity vs Cash And Short Term Investments

Common Stock Total Equity vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp B Common Stock Total Equity account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very week relationship.
The correlation between News Corp's Common Stock Total Equity and Cash And Short Term Investments is 0.2. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of News Corp B, assuming nothing else is changed. The correlation between historical values of News Corp's Common Stock Total Equity and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of News Corp B are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Common Stock Total Equity i.e., News Corp's Common Stock Total Equity and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of News Corp B balance sheet. This account contains News Corp investments that will expire within one year. These investments include stocks and bonds that can be liquidated by News Corp B fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most indicators from News Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into News Corp B 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M85M61.7M
Depreciation And Amortization813M823M734M651.9M

News Corp fundamental ratios Correlations

0.350.20.29-0.37-0.260.170.440.17-0.240.360.22-0.240.270.210.150.20.08-0.580.190.470.18-0.35-0.310.16-0.76
0.350.310.54-0.080.110.640.420.390.40.920.460.40.640.590.480.230.25-0.030.520.330.68-0.280.280.51-0.38
0.20.310.82-0.78-0.220.660.780.54-0.170.390.85-0.170.110.850.750.340.31-0.360.80.250.02-0.93-0.240.68-0.15
0.290.540.82-0.770.030.850.840.78-0.280.680.85-0.280.420.930.830.390.01-0.340.90.340.04-0.660.10.77-0.2
-0.37-0.08-0.78-0.77-0.04-0.63-0.92-0.530.62-0.28-0.810.62-0.04-0.67-0.81-0.310.070.62-0.83-0.590.340.730.25-0.750.35
-0.260.11-0.220.03-0.040.040.050.080.030.170.190.030.13-0.120.310.09-0.490.330.250.25-0.060.360.410.240.26
0.170.640.660.85-0.630.040.820.63-0.150.770.76-0.150.390.820.840.230.03-0.320.870.450.11-0.570.210.84-0.27
0.440.420.780.84-0.920.050.820.53-0.440.590.88-0.440.190.790.910.320.09-0.60.920.67-0.09-0.74-0.170.91-0.48
0.170.390.540.78-0.530.080.630.53-0.170.450.53-0.170.510.720.510.69-0.16-0.150.60.090.09-0.430.20.43-0.05
-0.240.4-0.17-0.280.620.03-0.15-0.44-0.170.07-0.131.00.25-0.21-0.240.010.450.34-0.26-0.360.840.13-0.01-0.230.2
0.360.920.390.68-0.280.170.770.590.450.070.540.070.50.720.640.150.04-0.010.670.450.35-0.310.420.65-0.36
0.220.460.850.85-0.810.190.760.880.53-0.130.54-0.130.240.750.930.380.21-0.430.940.420.1-0.75-0.20.9-0.16
-0.240.4-0.17-0.280.620.03-0.15-0.44-0.171.00.07-0.130.25-0.21-0.240.010.450.34-0.26-0.360.840.13-0.01-0.230.2
0.270.640.110.42-0.040.130.390.190.510.250.50.240.250.350.210.44-0.07-0.120.270.190.6-0.040.280.19-0.32
0.210.590.850.93-0.67-0.120.820.790.72-0.210.720.75-0.210.350.780.350.13-0.190.840.330.07-0.720.160.73-0.24
0.150.480.750.83-0.810.310.840.910.51-0.240.640.93-0.240.210.780.220.0-0.330.990.61-0.03-0.630.040.95-0.23
0.20.230.340.39-0.310.090.230.320.690.010.150.380.010.440.350.220.21-0.260.270.00.27-0.35-0.210.23-0.14
0.080.250.310.010.07-0.490.030.09-0.160.450.040.210.45-0.070.130.00.21-0.310.01-0.140.51-0.42-0.590.13-0.2
-0.58-0.03-0.36-0.340.620.33-0.32-0.6-0.150.34-0.01-0.430.34-0.12-0.19-0.33-0.26-0.31-0.35-0.48-0.040.490.69-0.420.66
0.190.520.80.9-0.830.250.870.920.6-0.260.670.94-0.260.270.840.990.270.01-0.350.56-0.02-0.660.060.94-0.23
0.470.330.250.34-0.590.250.450.670.09-0.360.450.42-0.360.190.330.610.0-0.14-0.480.56-0.05-0.320.010.56-0.77
0.180.680.020.040.34-0.060.11-0.090.090.840.350.10.840.60.07-0.030.270.51-0.04-0.02-0.05-0.08-0.130.01-0.25
-0.35-0.28-0.93-0.660.730.36-0.57-0.74-0.430.13-0.31-0.750.13-0.04-0.72-0.63-0.35-0.420.49-0.66-0.32-0.080.42-0.580.34
-0.310.28-0.240.10.250.410.21-0.170.2-0.010.42-0.2-0.010.280.160.04-0.21-0.590.690.060.01-0.130.42-0.070.26
0.160.510.680.77-0.750.240.840.910.43-0.230.650.9-0.230.190.730.950.230.13-0.420.940.560.01-0.58-0.07-0.26
-0.76-0.38-0.15-0.20.350.26-0.27-0.48-0.050.2-0.36-0.160.2-0.32-0.24-0.23-0.14-0.20.66-0.23-0.77-0.250.340.26-0.26
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News Corp Account Relationship Matchups

News Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B16.8B17.2B16.9B16.7B17.4B
Other Current Liab1.9B2.2B2.1B1.9B2.0B1.4B
Total Current Liabilities2.7B3.2B3.5B3.5B3.1B3.1B
Total Stockholder Equity7.6B8.2B8.2B8.1B8.1B8.0B
Property Plant And Equipment Net3.3B3.3B3.0B3.1B2.9B2.3B
Current Deferred Revenue398M473M604M622M551M499.6M
Net Debt888M1.2B2.2B2.3B2.1B2.2B
Accounts Payable605M411M351M321M440M365.1M
Cash1.5B2.2B1.8B1.8B2.0B1.6B
Non Current Assets Total10.8B12.3B13.1B12.9B12.3B12.9B
Non Currrent Assets Other1.0B1.4B1.4B1.3B1.2B884.2M
Cash And Short Term Investments1.5B2.2B1.8B1.8B2.0B1.6B
Net Receivables1.5B1.2B1.5B1.5B1.4B1.6B
Good Will4.0B4.7B5.2B5.1B5.2B4.5B
Liabilities And Stockholders Equity14.3B16.8B17.2B16.9B16.7B17.4B
Non Current Liabilities Total3.2B4.4B4.6B4.5B4.6B2.7B
Other Current Assets393M469M458M484M613M497.8M
Other Stockholder Equity12.1B12.1B11.8B11.4B11.3B9.8B
Total Liab5.9B7.6B8.1B8.0B7.7B5.8B
Property Plant And Equipment Gross3.3B3.3B2.1B3.1B7.3B7.6B
Total Current Assets3.5B4.5B4.1B4.1B4.4B4.5B
Accumulated Other Comprehensive Income(1.3B)(941M)(1.3B)(1.2B)(1.3B)(1.3B)
Short Term Debt76M199M432M139M171M162.5M
Intangible Assets2.4B1.9B2.2B2.5B2.3B1.9B
Short Long Term Debt Total2.4B3.4B4.0B4.1B4.1B2.4B
Other Liab827M990M836M743M854.5M950.8M
Net Tangible Assets1.3B1.4B382M1.6B1.4B2.6B
Noncontrolling Interest In Consolidated Entity807M935M921M881M1.0B739.9M
Retained Earnings(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Other Assets1.2B1.8B1.8B1.7B1.9B1.3B
Long Term Debt1.2B2.3B2.8B2.6B2.9B1.5B
Retained Earnings Total Equity(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Capital Surpluse12.1B12.1B11.8B11.4B10.3B9.7B
Deferred Long Term Liab258M260M198M163M187.5M240.4M
Long Term Investments297M351M488M427M430M408.5M
Non Current Liabilities Other326M519M483M446M492M374.5M
Property Plant Equipment2.8B3.3B3.0B2.5B2.9B2.8B

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