Disney Invested Capital vs Free Cash Flow Analysis
DIS Stock | USD 113.71 1.72 1.54% |
Disney financial indicator trend analysis is much more than just examining Walt Disney latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walt Disney is a good investment. Please check the relationship between Disney Invested Capital and its Free Cash Flow accounts. 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.
Invested Capital vs Free Cash Flow
Invested Capital vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walt Disney Invested Capital account and Free Cash Flow. At this time, the significance of the direction appears to have no relationship.
The correlation between Disney's Invested Capital and Free Cash Flow is 0.04. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Walt Disney, assuming nothing else is changed. The correlation between historical values of Disney's Invested Capital and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of Walt Disney are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Invested Capital i.e., Disney's Invested Capital and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to Walt Disney. There are two different methods for calculating Walt Disney invested capital: operating approach and financing approach. Understanding Disney invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Most indicators from Disney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 2.2 B in 2024, whereas Enterprise Value Over EBITDA is likely to drop 8.95 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 6.8B | 9.0B | 10.3B | 6.9B | Total Revenue | 82.7B | 88.9B | 102.2B | 107.3B |
Disney fundamental ratios Correlations
Click cells to compare fundamentals
Disney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Disney fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 201.5B | 203.6B | 203.6B | 205.6B | 236.4B | 248.2B | |
Short Long Term Debt Total | 58.6B | 54.4B | 48.4B | 46.4B | 53.4B | 56.1B | |
Total Stockholder Equity | 83.6B | 88.6B | 95.0B | 99.3B | 114.2B | 119.9B | |
Net Debt | 40.7B | 38.4B | 36.8B | 32.2B | 37.1B | 38.9B | |
Retained Earnings | 38.3B | 40.4B | 43.6B | 46.1B | 53.0B | 27.6B | |
Non Current Assets Total | 166.3B | 170.0B | 174.5B | 172.8B | 198.7B | 208.7B | |
Non Currrent Assets Other | 8.4B | 8.7B | 36.6B | 11.1B | 12.7B | 13.4B | |
Common Stock Shares Outstanding | 1.8B | 1.8B | 1.8B | 1.8B | 2.1B | 2.0B | |
Liabilities And Stockholders Equity | 201.5B | 203.6B | 203.6B | 205.6B | 236.4B | 248.2B | |
Non Current Liabilities Total | 77.4B | 70.3B | 66.2B | 61.4B | 70.6B | 74.2B | |
Total Liab | 104.0B | 101.4B | 95.3B | 92.6B | 106.5B | 111.8B | |
Other Current Liab | 4.1B | 4.5B | 4.0B | 26.8B | 30.8B | 32.4B | |
Total Current Liabilities | 26.6B | 31.1B | 29.1B | 31.1B | 35.8B | 37.6B | |
Property Plant And Equipment Net | 32.1B | 32.6B | 33.6B | 34.9B | 40.2B | 42.2B | |
Accounts Payable | 12.7B | 16.4B | 16.2B | (6.1B) | (7.1B) | (6.7B) | |
Cash | 17.9B | 16.0B | 11.6B | 14.2B | 16.3B | 17.1B | |
Cash And Short Term Investments | 17.9B | 16.0B | 11.6B | 14.2B | 16.3B | 17.1B | |
Net Receivables | 12.7B | 13.4B | 12.7B | 12.3B | 14.2B | 14.9B | |
Inventory | 1.6B | 1.3B | 1.7B | 2.0B | 2.3B | 1.1B | |
Other Current Assets | 875M | 817M | 1.2B | 1.3B | 1.2B | 1.4B | |
Property Plant And Equipment Gross | 32.1B | 70.5B | 73.0B | 77.6B | 89.2B | 93.6B | |
Total Current Assets | 35.3B | 33.7B | 29.1B | 32.8B | 37.7B | 39.6B | |
Accumulated Other Comprehensive Income | (8.3B) | (6.4B) | (4.1B) | (3.3B) | (3.0B) | (3.1B) | |
Short Term Debt | 5.7B | 5.9B | 3.1B | 4.3B | 5.0B | 3.2B | |
Intangible Assets | 19.2B | 17.1B | 14.8B | 13.1B | 11.8B | 9.9B | |
Common Stock Total Equity | 36.8B | 53.9B | 54.5B | 55.5B | 63.8B | 67.0B | |
Common Stock | 54.5B | 55.5B | 56.4B | 57.4B | 66.0B | 33.5B | |
Other Liab | 21.6B | 21.8B | 20.9B | 15.9B | 18.2B | 9.4B | |
Other Assets | 29.4B | 38.2B | 9.2B | 11.1B | 12.7B | 10.5B | |
Long Term Debt | 52.9B | 48.5B | 45.3B | 42.1B | 48.4B | 50.8B | |
Property Plant Equipment | 36.1B | 32.6B | 33.6B | 34.9B | 40.2B | 24.7B | |
Good Will | 77.7B | 78.1B | 77.9B | 77.1B | 88.6B | 93.1B | |
Current Deferred Revenue | 4.1B | 4.3B | 5.8B | 6.1B | 7.1B | 4.1B |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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.