Fox Total Current Liabilities vs Additional Paid In Capital Analysis

FOX Stock  USD 31.77  0.21  0.66%   
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 Liabilities and its Additional Paid In Capital 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 persons.

Total Current Liabilities vs Additional Paid In Capital

Total Current Liabilities vs Additional Paid In Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Total Current Liabilities account and Additional Paid In Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Fox Corp's Total Current Liabilities and Additional Paid In Capital is 0.89. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Additional Paid In Capital 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 Liabilities and Additional Paid In Capital 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 Liabilities of Fox Corp Class are associated (or correlated) with its Additional Paid In Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Additional Paid In Capital has no effect on the direction of Total Current Liabilities i.e., Fox Corp's Total Current Liabilities and Additional Paid In Capital go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Total Current Liabilities

Total Current Liabilities is an item on Fox Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fox Corp Class are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Additional Paid In Capital

Additional Paid In Capital (or APIC) is an accounting term found on Fox Corp Class Balance Sheet under Shareholders Equity. It is the value of the shares of the company above what they were issued it. The basic calculation is as follow: (Issue Price - Par Value) x Fox Corp Shares Outstanding. Additional Paid In Capital is not affected by secondary trading of Fox Corp Class shares and does not have any impact on the value of APIC. The excess amount paid by investors over the par value of a company’s shares, representing the additional capital contributed by shareholders.
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 persons.
Discontinued Operations is likely to rise to about (10.3 M) in 2024. Selling General Administrative is likely to drop to about 1.6 B in 2024
 2021 2022 2023 2024 (projected)
Income Before Tax1.7B1.7B1.6B2.5B
Total Operating Expenses11.4B12.1B10.9B9.9B

Fox Corp fundamental ratios Correlations

0.530.980.970.94-0.93-0.14-0.270.67-0.290.620.880.980.890.880.60.96-0.920.010.780.980.780.95-0.470.84
0.530.630.470.56-0.590.22-0.850.08-0.480.510.520.570.530.510.320.6-0.63-0.030.450.460.460.56-0.030.33
0.980.630.930.94-0.95-0.08-0.390.56-0.430.660.890.980.90.890.660.95-0.92-0.090.830.930.830.93-0.390.85
0.970.470.930.88-0.86-0.11-0.20.76-0.280.560.920.940.920.920.630.89-0.83-0.050.780.970.780.88-0.440.85
0.940.560.940.88-0.980.08-0.270.46-0.430.820.80.950.830.80.590.98-0.960.020.730.90.730.97-0.210.74
-0.93-0.59-0.95-0.86-0.980.010.35-0.370.55-0.79-0.84-0.97-0.86-0.83-0.71-0.960.920.16-0.83-0.85-0.84-0.920.22-0.82
-0.140.22-0.08-0.110.080.01-0.23-0.23-0.380.55-0.06-0.07-0.03-0.1-0.160.0-0.110.1-0.19-0.09-0.180.050.84-0.35
-0.27-0.85-0.39-0.2-0.270.35-0.230.210.54-0.36-0.33-0.36-0.32-0.3-0.3-0.330.380.23-0.36-0.17-0.38-0.29-0.1-0.17
0.670.080.560.760.46-0.37-0.230.210.30.050.590.520.570.60.110.52-0.470.330.30.780.290.56-0.630.52
-0.29-0.48-0.43-0.28-0.430.55-0.380.540.3-0.68-0.53-0.49-0.55-0.51-0.77-0.330.350.74-0.69-0.15-0.7-0.27-0.48-0.47
0.620.510.660.560.82-0.790.55-0.360.05-0.680.610.710.650.580.490.73-0.8-0.10.540.570.550.750.340.42
0.880.520.890.920.8-0.84-0.06-0.330.59-0.530.610.911.01.00.770.77-0.77-0.310.870.830.870.77-0.30.86
0.980.570.980.940.95-0.97-0.07-0.360.52-0.490.710.910.920.910.730.95-0.91-0.160.870.920.870.93-0.340.88
0.890.530.90.920.83-0.86-0.03-0.320.57-0.550.651.00.921.00.780.8-0.79-0.30.880.840.880.79-0.270.86
0.880.510.890.920.8-0.83-0.1-0.30.6-0.510.581.00.911.00.780.77-0.75-0.320.880.830.880.76-0.330.88
0.60.320.660.630.59-0.71-0.16-0.30.11-0.770.490.770.730.780.780.52-0.44-0.780.960.460.960.44-0.070.85
0.960.60.950.890.98-0.960.0-0.330.52-0.330.730.770.950.80.770.52-0.960.10.70.940.70.99-0.330.74
-0.92-0.63-0.92-0.83-0.960.92-0.110.38-0.470.35-0.8-0.77-0.91-0.79-0.75-0.44-0.96-0.16-0.62-0.9-0.63-0.980.26-0.63
0.01-0.03-0.09-0.050.020.160.10.230.330.74-0.1-0.31-0.16-0.3-0.32-0.780.1-0.16-0.620.17-0.620.2-0.23-0.43
0.780.450.830.780.73-0.83-0.19-0.360.3-0.690.540.870.870.880.880.960.7-0.62-0.620.661.00.62-0.230.94
0.980.460.930.970.9-0.85-0.09-0.170.78-0.150.570.830.920.840.830.460.94-0.90.170.660.660.95-0.490.76
0.780.460.830.780.73-0.84-0.18-0.380.29-0.70.550.870.870.880.880.960.7-0.63-0.621.00.660.63-0.230.93
0.950.560.930.880.97-0.920.05-0.290.56-0.270.750.770.930.790.760.440.99-0.980.20.620.950.63-0.330.68
-0.47-0.03-0.39-0.44-0.210.220.84-0.1-0.63-0.480.34-0.3-0.34-0.27-0.33-0.07-0.330.26-0.23-0.23-0.49-0.23-0.33-0.45
0.840.330.850.850.74-0.82-0.35-0.170.52-0.470.420.860.880.860.880.850.74-0.63-0.430.940.760.930.68-0.45
Click cells to compare fundamentals

Fox Corp Account Relationship Matchups

Fox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.8B22.9B22.2B21.9B19.7B22.8B
Other Current Liab240M229M1.3B2.5B2.3B1.3B
Total Current Liabilities1.9B3.0B2.3B3.8B3.4B3.2B
Total Stockholder Equity10.1B11.1B11.3B10.4B9.3B9.3B
Other Liab1.0B1.3B1.1B559M503.1M477.9M
Net Tangible Assets3.3B4.5B4.6B3.9B4.5B4.8B
Retained Earnings674M2.0B2.5B2.3B2.0B2.7B
Accounts Payable1.4B1.8B686M(160M)(184M)(174.8M)
Cash4.6B5.9B5.2B4.3B3.8B3.5B
Other Assets4.8B5.9B5.5B3.6B4.2B4.0B
Long Term Debt7.9B7.2B7.2B6.0B5.4B10.4B
Net Receivables1.9B2.0B2.1B2.2B2.0B2.3B
Good Will3.4B3.4B3.6B3.6B3.2B5.2B
Inventory856M729M791M543M488.7M761.4M
Other Current Assets97M105M162M265M238.5M226.6M
Other Stockholder Equity9.8B9.5B9.1B8.3B9.5B6.4B
Total Liab11.6B11.8B10.8B11.4B10.3B10.2B
Total Current Assets7.5B8.7B8.3B7.3B6.5B7.5B
Accumulated Other Comprehensive Income(417M)(318M)(226M)(149M)(134.1M)(127.4M)
Short Term Debt122M749M107M1.2B1.1B1.9B
Intangible Assets3.2B3.2B3.2B3.1B2.8B3.8B
Common Stock9.5B7M6M5M4.5M4.3M
Property Plant Equipment1.3B2.0B1.7B1.7B1.5B1.4B
Common Stock Shares Outstanding616M595M570M531M477.9M479.3M
Property Plant And Equipment Net1.3B1.5B1.7B1.7B2.0B1.6B
Current Deferred Revenue152M196M209M160M184M182.4M
Net Debt3.3B2.1B2.1B2.9B3.4B1.8B
Non Current Assets Total14.3B14.2B13.9B14.6B16.8B13.4B
Non Currrent Assets Other936M1.2B1.5B2.1B2.5B2.6B
Cash And Short Term Investments4.6B5.9B5.2B4.3B4.9B4.0B
Liabilities And Stockholders Equity21.8B22.9B22.2B21.9B25.1B20.7B
Non Current Liabilities Total9.7B8.8B8.5B7.7B8.8B7.3B
Net Invested Capital18.0B19.1B18.5B17.6B20.2B16.6B
Property Plant And Equipment Gross2.0B2.2B3.9B4.6B5.3B5.6B

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