News Current Deferred Revenue vs Total Liab Analysis

NWS Stock  USD 27.08  0.04  0.15%   
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 Current Deferred Revenue and its Total Liab 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 tightly coupled with the direction of predictive economic indicators such as signals in housing.

Current Deferred Revenue vs Total Liab

Current Deferred Revenue vs Total Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp B Current Deferred Revenue account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between News Corp's Current Deferred Revenue and Total Liab is 0.89. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Total Liab 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 Current Deferred Revenue and Total Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of News Corp B are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Current Deferred Revenue i.e., News Corp's Current Deferred Revenue and Total Liab go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
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 tightly coupled with the direction of predictive economic indicators such as signals in housing.
At this time, News Corp's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.21 in 2024, whereas Tax Provision is likely to drop slightly above 81.5 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M115M59.5M
Depreciation And Amortization688M714M821.1M612.4M

News Corp fundamental ratios Correlations

0.670.410.59-0.52-0.190.620.660.4-0.280.690.51-0.28-0.460.520.690.370.24-0.70.540.33-0.37-0.39-0.270.71-0.85
0.670.430.68-0.230.070.770.550.540.220.950.580.220.10.680.640.360.27-0.240.640.260.23-0.30.180.67-0.48
0.410.430.84-0.79-0.190.680.760.62-0.20.50.88-0.2-0.030.850.720.40.3-0.410.820.26-0.09-0.93-0.240.68-0.16
0.590.680.84-0.790.00.90.830.83-0.320.780.88-0.320.080.950.830.480.08-0.470.940.43-0.16-0.640.050.82-0.33
-0.52-0.23-0.79-0.79-0.02-0.65-0.88-0.620.65-0.4-0.820.650.26-0.69-0.84-0.390.080.65-0.83-0.580.550.710.26-0.80.37
-0.190.07-0.190.0-0.020.010.020.050.030.110.160.030.34-0.120.130.08-0.50.320.210.640.120.350.410.120.28
0.620.770.680.9-0.650.010.790.73-0.220.860.79-0.220.020.840.80.380.07-0.450.890.47-0.14-0.50.130.81-0.36
0.660.550.760.83-0.880.020.790.62-0.450.660.87-0.45-0.230.750.960.460.09-0.70.880.52-0.37-0.7-0.240.97-0.56
0.40.540.620.83-0.620.050.730.62-0.220.580.64-0.220.270.810.610.73-0.06-0.310.720.24-0.04-0.470.150.61-0.23
-0.280.22-0.2-0.320.650.03-0.22-0.45-0.22-0.05-0.191.00.42-0.27-0.37-0.050.420.38-0.32-0.440.930.130.01-0.320.27
0.690.950.50.78-0.40.110.860.660.58-0.050.65-0.050.00.780.740.310.12-0.250.760.44-0.02-0.320.280.74-0.48
0.510.580.880.88-0.820.160.790.870.64-0.190.65-0.190.030.790.850.470.22-0.510.950.51-0.05-0.74-0.210.85-0.22
-0.280.22-0.2-0.320.650.03-0.22-0.45-0.221.0-0.05-0.190.42-0.27-0.37-0.050.420.38-0.32-0.440.930.130.01-0.320.27
-0.460.1-0.030.080.260.340.02-0.230.270.420.00.030.420.07-0.230.18-0.210.460.01-0.190.660.190.47-0.180.55
0.520.680.850.95-0.69-0.120.840.750.81-0.270.780.79-0.270.070.750.450.13-0.290.860.29-0.12-0.690.120.71-0.27
0.690.640.720.83-0.840.130.80.960.61-0.370.740.85-0.37-0.230.750.360.01-0.60.90.64-0.34-0.64-0.090.98-0.59
0.370.360.40.48-0.390.080.380.460.73-0.050.310.47-0.050.180.450.360.26-0.360.39-0.030.1-0.37-0.220.43-0.26
0.240.270.30.080.08-0.50.070.09-0.060.420.120.220.42-0.210.130.010.26-0.310.01-0.50.37-0.39-0.60.04-0.15
-0.7-0.24-0.41-0.470.650.32-0.45-0.7-0.310.38-0.25-0.510.380.46-0.29-0.6-0.36-0.31-0.43-0.150.40.450.67-0.660.69
0.540.640.820.94-0.830.210.890.880.72-0.320.760.95-0.320.010.860.90.390.01-0.430.64-0.19-0.640.030.87-0.26
0.330.260.260.43-0.580.640.470.520.24-0.440.440.51-0.44-0.190.290.64-0.03-0.5-0.150.64-0.45-0.140.270.59-0.19
-0.370.23-0.09-0.160.550.12-0.14-0.37-0.040.93-0.02-0.050.930.66-0.12-0.340.10.370.4-0.19-0.450.10.06-0.280.43
-0.39-0.3-0.93-0.640.710.35-0.5-0.7-0.470.13-0.32-0.740.130.19-0.69-0.64-0.37-0.390.45-0.64-0.140.10.42-0.610.26
-0.270.18-0.240.050.260.410.13-0.240.150.010.28-0.210.010.470.12-0.09-0.22-0.60.670.030.270.060.42-0.140.28
0.710.670.680.82-0.80.120.810.970.61-0.320.740.85-0.32-0.180.710.980.430.04-0.660.870.59-0.28-0.61-0.14-0.62
-0.85-0.48-0.16-0.330.370.28-0.36-0.56-0.230.27-0.48-0.220.270.55-0.27-0.59-0.26-0.150.69-0.26-0.190.430.260.28-0.62
Click cells to compare fundamentals

News Corp Account Relationship Matchups

News Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.3B16.8B17.2B16.9B19.5B17.3B
Other Current Liab1.9B2.4B2.2B2.1B2.4B1.3B
Total Current Liabilities2.7B3.2B3.5B3.5B4.0B3.1B
Total Stockholder Equity7.6B8.2B8.2B8.1B7.3B8.1B
Property Plant And Equipment Net3.3B3.3B3.0B3.1B2.8B2.3B
Current Deferred Revenue398M473M604M622M715.3M491.4M
Net Debt888M1.2B2.2B2.3B2.6B2.7B
Accounts Payable411M351M321M440M506M366.6M
Cash1.5B2.2B1.8B1.8B1.6B1.6B
Non Current Assets Total10.8B12.3B13.1B12.9B14.8B12.8B
Non Currrent Assets Other1.0B1.4B1.4B1.3B1.5B853.2M
Cash And Short Term Investments1.5B2.2B1.8B1.8B1.6B1.6B
Net Receivables1.2B1.5B1.5B1.4B1.3B1.1B
Good Will4.0B4.7B5.2B5.1B5.9B4.4B
Liabilities And Stockholders Equity14.3B16.8B17.2B16.9B19.5B17.3B
Non Current Liabilities Total3.2B4.4B4.6B4.5B5.2B5.4B
Other Current Assets393M469M458M484M556.6M484.3M
Other Stockholder Equity12.1B12.1B11.8B11.4B10.3B9.8B
Total Liab5.9B7.6B8.1B8.0B9.2B5.6B
Property Plant And Equipment Gross3.3B3.3B2.1B3.1B3.5B1.9B
Total Current Assets3.5B4.5B4.1B4.1B3.6B3.3B
Accumulated Other Comprehensive Income(1.3B)(941M)(1.3B)(1.2B)(1.4B)(1.5B)
Short Term Debt76M28M293M347M312.3M296.7M
Intangible Assets2.4B1.9B2.2B2.5B2.2B2.0B
Short Long Term Debt Total2.4B3.4B4.0B4.1B4.7B4.9B
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 Debt1.2B2.3B2.8B2.6B3.0B3.2B
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 Investments297M351M488M427M384.3M365.1M
Non Current Liabilities Other326M519M483M446M401.4M372.6M
Property Plant Equipment2.8B3.3B3.0B2.5B2.9B2.8B

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 together with News Stock

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Moving against News Stock

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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
When determining whether News Corp B is a strong investment it is important to analyze News Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact News Corp's future performance. For an informed investment choice regarding News Stock, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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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.
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Is News Corp'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 News Corp. If investors know News 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 News Corp 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
(0.42)
Dividend Share
0.2
Earnings Share
0.37
Revenue Per Share
17.382
Quarterly Revenue Growth
(0.01)
The market value of News Corp B is measured differently than its book value, which is the value of News that is recorded on the company's balance sheet. Investors also form their own opinion of News Corp's value that differs from its market value or its book value, called intrinsic value, which is News Corp'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 News Corp's market value can be influenced by many factors that don't directly affect News Corp'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 News Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if News Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, News Corp'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.