News Depreciation And Amortization from 2010 to 2024

NWS Stock  USD 28.31  0.19  0.67%   
News Corp Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 612.4 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2011-09-30
Previous Quarter
179 M
Current Value
192 M
Quarterly Volatility
51.4 M
 
Yuan Drop
 
Covid
Check News Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among News Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 612.4 M, Interest Expense of 59.5 M or Total Revenue of 10 B, as well as many indicators such as Price To Sales Ratio of 1.36, Dividend Yield of 0.0088 or PTB Ratio of 0.87. News financial statements analysis is a perfect complement when working with News Corp Valuation or Volatility modules.
  
Check out the analysis of News Corp Correlation against competitors.

Latest News Corp's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of News Corp B over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. News Corp's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in News Corp's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

News Depreciation And Amortization Regression Statistics

Arithmetic Mean586,499,048
Geometric Mean576,182,363
Coefficient Of Variation19.52
Mean Deviation95,065,651
Median578,000,000
Standard Deviation114,469,110
Sample Variance13103.2T
Range407.1M
R-Value0.78
Mean Square Error5417.7T
R-Squared0.62
Significance0.0005
Slope20,090,357
Total Sum of Squares183444.5T

News Depreciation And Amortization History

2024612.4 M
2023821.1 M
2022714 M
2021688 M
2020680 M
2019644 M
2018659 M

About News Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include News Corp income statement, its balance sheet, and the statement of cash flows. News Corp investors use historical funamental indicators, such as News Corp's Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although News Corp investors may use each financial statement separately, they are all related. The changes in News Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on News Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on News Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in News Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Depreciation And Amortization821.1 M612.4 M

Pair Trading with News Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if News Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in News Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against News Stock

  0.67ADV Advantage SolutionsPairCorr
  0.57ANGHW Anghami WarrantsPairCorr
  0.55VSME VS Media HoldingsPairCorr
  0.47WLYB John Wiley Sons Earnings Call This WeekPairCorr
  0.47IMAQR International MediaPairCorr
The ability to find closely correlated positions to News Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace News Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back News Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling News Corp B to buy it.
The correlation of News Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as News Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if News Corp B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for News Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for News Stock Analysis

When running News Corp's price analysis, check to measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.