Disney Historical Cash Flow
DIS Stock | USD 113.71 1.72 1.54% |
Analysis of Disney cash flow over time is an excellent tool to project Walt Disney future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Change In Working Capital of 167.3 M or Begin Period Cash Flow of 14.1 B as it is a great indicator of Disney ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining Walt Disney latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Walt Disney is a good buy for the upcoming year.
Disney |
About Disney Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in Disney balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which Disney's non-liquid assets can be easily converted into cash.
Disney Cash Flow Chart
Disney Cash Flow Statement became part of mandatory reporting in 1987. It is now one of three main statements in accounting used to measure how well a company manages its liquidity and overall cash position. The rate of cash utilization and preservation is now part of the leading indicators of a healthy entity, and the Walt Disney Cash Flow Statement shows how well the company generates cash to payout debt obligations or to cover ongoing operating expenses.
At this time, Disney's Sale Purchase Of Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 1.4 B in 2024, whereas Free Cash Flow is likely to drop slightly above 3.9 B in 2024. Add Fundamental
Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Capital Expenditures
Capital Expenditures are funds used by Walt Disney to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Disney operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most accounts from Disney's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into Walt Disney current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, 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 Walt Disney. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Disney's Sale Purchase Of Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 1.4 B in 2024, whereas Free Cash Flow is likely to drop slightly above 3.9 B in 2024.
Disney cash flow statement Correlations
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Disney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Disney cash flow statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 14M | 252M | (420M) | (183M) | (164.7M) | (156.5M) | |
Change In Cash | 12.5B | (2.0B) | (4.3B) | 2.6B | 3.0B | 3.1B | |
Free Cash Flow | 3.6B | 2.0B | 1.1B | 4.9B | 5.6B | 3.9B | |
Change In Working Capital | (645M) | 2.2B | 488M | 177M | 159.3M | 167.3M | |
Begin Period Cash Flow | 5.5B | 18.0B | 16.0B | 11.7B | 13.4B | 14.1B | |
Other Cashflows From Financing Activities | 17.0B | (1.1B) | (852M) | (910M) | (1.0B) | (994.2M) | |
Depreciation | 5.3B | 5.1B | 5.2B | 5.4B | 6.2B | 6.5B | |
Other Non Cash Items | 5.2B | (3.6B) | (4.4B) | 1.1B | 1.0B | 1.1B | |
Capital Expenditures | 4.0B | 3.6B | 4.9B | 5.0B | 5.7B | 6.0B | |
Total Cash From Operating Activities | 7.6B | 5.6B | 6.0B | 9.9B | 11.3B | 6.6B | |
Net Income | (2.4B) | 2.5B | 3.6B | 3.4B | 3.9B | 4.0B | |
Total Cash From Financing Activities | 8.5B | (4.4B) | (4.7B) | (2.7B) | (2.5B) | (2.6B) | |
End Period Cash Flow | 18.0B | 16.0B | 11.7B | 14.2B | 16.4B | 17.2B | |
Sale Purchase Of Stock | 305M | 435M | 127M | 52M | 46.8M | 49.1M | |
Stock Based Compensation | 525M | 600M | 977M | 1.1B | 1.3B | 1.4B | |
Change To Account Receivables | 1.8B | (186M) | 605M | 358M | 411.7M | 432.3M | |
Other Cashflows From Investing Activities | 385M | 415M | (65M) | 328M | 377.2M | 358.3M | |
Change To Liabilities | (2.3B) | 2.4B | 964M | (1.1B) | (1.0B) | (976.4M) | |
Change To Netincome | 5.8B | (3.7B) | (2.8B) | 2.0B | 1.8B | 1.9B | |
Total Cashflows From Investing Activities | (3.6B) | (3.2B) | (5.0B) | (4.6B) | (4.2B) | (4.4B) | |
Investments | (3.6B) | (3.2B) | (5.0B) | (4.6B) | (4.2B) | (4.4B) | |
Net Borrowings | 11.2B | (3.7B) | (4.0B) | (1.8B) | (1.6B) | (1.5B) | |
Change To Operating Activities | (157M) | 171M | (707M) | (201M) | (180.9M) | (189.9M) |
Disney Investors Sentiment
The influence of Disney's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Disney. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Disney's public news can be used to forecast risks associated with an investment in Disney. The trend in average sentiment can be used to explain how an investor holding Disney can time the market purely based on public headlines and social activities around Walt Disney. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Disney's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Disney's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Disney's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Disney.
Disney Implied Volatility | 30.75 |
Disney's implied volatility exposes the market's sentiment of Walt Disney stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Disney's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Disney stock will not fluctuate a lot when Disney's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Disney in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Disney's short interest history, or implied volatility extrapolated from Disney options trading.
Pair Trading with Disney
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 Disney 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 Disney will appreciate offsetting losses from the drop in the long position's value.Moving against Disney Stock
0.78 | TU | Telus Corp Financial Report 2nd of May 2024 | PairCorr |
0.76 | WMG | Warner Music Group Financial Report 14th of May 2024 | PairCorr |
0.73 | SJ | Scienjoy Holding Corp Report 26th of April 2024 | PairCorr |
0.63 | TC | TuanChe ADR | PairCorr |
0.59 | BATRA | Atlanta Braves Holdings | PairCorr |
The ability to find closely correlated positions to Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Disney 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 Disney - 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 Walt Disney to buy it.
The correlation of Disney 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 Disney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walt Disney 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 Disney 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Disney Stock analysis
When running Disney's price analysis, check to measure Disney'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 Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.
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Is Disney's industry 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 Disney. If investors know Disney 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 Disney 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 0.486 | Dividend Share 0.3 | Earnings Share 1.64 | Revenue Per Share 48.605 | Quarterly Revenue Growth 0.002 |
The market value of Walt Disney is measured differently than its book value, which is the value of Disney that is recorded on the company's balance sheet. Investors also form their own opinion of Disney's value that differs from its market value or its book value, called intrinsic value, which is Disney'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 Disney's market value can be influenced by many factors that don't directly affect Disney'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 Disney's value and its price as these two are different measures arrived at by different means. Investors typically determine if Disney is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disney'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.