News Net Debt vs Net Invested Capital 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 Net Debt and its Net Invested Capital 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.

Net Debt vs Net Invested Capital

Net Debt vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp B Net Debt account and Net Invested Capital. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between News Corp's Net Debt and Net Invested Capital is -0.58. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Net Invested Capital 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 Net Debt and Net Invested 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 Net Debt of News Corp B are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Net Debt i.e., News Corp's Net Debt and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.58

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 Expense	99M	100M	115M	59.5M
Depreciation And Amortization	688M	714M	821.1M	612.4M

Interest Expense Depreciation And Amortization

News Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Short Long Term Debt Total	Common Stock Total Equity
Common Stock Shares Outstanding		0.67	0.41	0.59	-0.52	-0.19	0.62	0.66	0.4	-0.28	0.69	0.51	-0.28	-0.46	0.52	0.69	0.37	0.24	-0.7	0.54	0.33	-0.37	-0.39	-0.27	0.71	-0.85
Total Assets	0.67		0.43	0.68	-0.23	0.07	0.77	0.55	0.54	0.22	0.95	0.58	0.22	0.1	0.68	0.64	0.36	0.27	-0.24	0.64	0.26	0.23	-0.3	0.18	0.67	-0.48
Other Current Liab	0.41	0.43		0.84	-0.79	-0.19	0.68	0.76	0.62	-0.2	0.5	0.88	-0.2	-0.03	0.85	0.72	0.4	0.3	-0.41	0.82	0.26	-0.09	-0.93	-0.24	0.68	-0.16
Total Current Liabilities	0.59	0.68	0.84		-0.79	0.0	0.9	0.83	0.83	-0.32	0.78	0.88	-0.32	0.08	0.95	0.83	0.48	0.08	-0.47	0.94	0.43	-0.16	-0.64	0.05	0.82	-0.33
Total Stockholder Equity	-0.52	-0.23	-0.79	-0.79		-0.02	-0.65	-0.88	-0.62	0.65	-0.4	-0.82	0.65	0.26	-0.69	-0.84	-0.39	0.08	0.65	-0.83	-0.58	0.55	0.71	0.26	-0.8	0.37
Property Plant And Equipment Net	-0.19	0.07	-0.19	0.0	-0.02		0.01	0.02	0.05	0.03	0.11	0.16	0.03	0.34	-0.12	0.13	0.08	-0.5	0.32	0.21	0.64	0.12	0.35	0.41	0.12	0.28
Current Deferred Revenue	0.62	0.77	0.68	0.9	-0.65	0.01		0.79	0.73	-0.22	0.86	0.79	-0.22	0.02	0.84	0.8	0.38	0.07	-0.45	0.89	0.47	-0.14	-0.5	0.13	0.81	-0.36
Net Debt	0.66	0.55	0.76	0.83	-0.88	0.02	0.79		0.62	-0.45	0.66	0.87	-0.45	-0.23	0.75	0.96	0.46	0.09	-0.7	0.88	0.52	-0.37	-0.7	-0.24	0.97	-0.56
Accounts Payable	0.4	0.54	0.62	0.83	-0.62	0.05	0.73	0.62		-0.22	0.58	0.64	-0.22	0.27	0.81	0.61	0.73	-0.06	-0.31	0.72	0.24	-0.04	-0.47	0.15	0.61	-0.23
Cash	-0.28	0.22	-0.2	-0.32	0.65	0.03	-0.22	-0.45	-0.22		-0.05	-0.19	1.0	0.42	-0.27	-0.37	-0.05	0.42	0.38	-0.32	-0.44	0.93	0.13	0.01	-0.32	0.27
Non Current Assets Total	0.69	0.95	0.5	0.78	-0.4	0.11	0.86	0.66	0.58	-0.05		0.65	-0.05	0.0	0.78	0.74	0.31	0.12	-0.25	0.76	0.44	-0.02	-0.32	0.28	0.74	-0.48
Non Currrent Assets Other	0.51	0.58	0.88	0.88	-0.82	0.16	0.79	0.87	0.64	-0.19	0.65		-0.19	0.03	0.79	0.85	0.47	0.22	-0.51	0.95	0.51	-0.05	-0.74	-0.21	0.85	-0.22
Cash And Short Term Investments	-0.28	0.22	-0.2	-0.32	0.65	0.03	-0.22	-0.45	-0.22	1.0	-0.05	-0.19		0.42	-0.27	-0.37	-0.05	0.42	0.38	-0.32	-0.44	0.93	0.13	0.01	-0.32	0.27
Net Receivables	-0.46	0.1	-0.03	0.08	0.26	0.34	0.02	-0.23	0.27	0.42	0.0	0.03	0.42		0.07	-0.23	0.18	-0.21	0.46	0.01	-0.19	0.66	0.19	0.47	-0.18	0.55
Good Will	0.52	0.68	0.85	0.95	-0.69	-0.12	0.84	0.75	0.81	-0.27	0.78	0.79	-0.27	0.07		0.75	0.45	0.13	-0.29	0.86	0.29	-0.12	-0.69	0.12	0.71	-0.27
Non Current Liabilities Total	0.69	0.64	0.72	0.83	-0.84	0.13	0.8	0.96	0.61	-0.37	0.74	0.85	-0.37	-0.23	0.75		0.36	0.01	-0.6	0.9	0.64	-0.34	-0.64	-0.09	0.98	-0.59
Inventory	0.37	0.36	0.4	0.48	-0.39	0.08	0.38	0.46	0.73	-0.05	0.31	0.47	-0.05	0.18	0.45	0.36		0.26	-0.36	0.39	-0.03	0.1	-0.37	-0.22	0.43	-0.26
Other Current Assets	0.24	0.27	0.3	0.08	0.08	-0.5	0.07	0.09	-0.06	0.42	0.12	0.22	0.42	-0.21	0.13	0.01	0.26		-0.31	0.01	-0.5	0.37	-0.39	-0.6	0.04	-0.15
Other Stockholder Equity	-0.7	-0.24	-0.41	-0.47	0.65	0.32	-0.45	-0.7	-0.31	0.38	-0.25	-0.51	0.38	0.46	-0.29	-0.6	-0.36	-0.31		-0.43	-0.15	0.4	0.45	0.67	-0.66	0.69
Total Liab	0.54	0.64	0.82	0.94	-0.83	0.21	0.89	0.88	0.72	-0.32	0.76	0.95	-0.32	0.01	0.86	0.9	0.39	0.01	-0.43		0.64	-0.19	-0.64	0.03	0.87	-0.26
Property Plant And Equipment Gross	0.33	0.26	0.26	0.43	-0.58	0.64	0.47	0.52	0.24	-0.44	0.44	0.51	-0.44	-0.19	0.29	0.64	-0.03	-0.5	-0.15	0.64		-0.45	-0.14	0.27	0.59	-0.19
Total Current Assets	-0.37	0.23	-0.09	-0.16	0.55	0.12	-0.14	-0.37	-0.04	0.93	-0.02	-0.05	0.93	0.66	-0.12	-0.34	0.1	0.37	0.4	-0.19	-0.45		0.1	0.06	-0.28	0.43
Short Term Debt	-0.39	-0.3	-0.93	-0.64	0.71	0.35	-0.5	-0.7	-0.47	0.13	-0.32	-0.74	0.13	0.19	-0.69	-0.64	-0.37	-0.39	0.45	-0.64	-0.14	0.1		0.42	-0.61	0.26
Intangible Assets	-0.27	0.18	-0.24	0.05	0.26	0.41	0.13	-0.24	0.15	0.01	0.28	-0.21	0.01	0.47	0.12	-0.09	-0.22	-0.6	0.67	0.03	0.27	0.06	0.42		-0.14	0.28
Short Long Term Debt Total	0.71	0.67	0.68	0.82	-0.8	0.12	0.81	0.97	0.61	-0.32	0.74	0.85	-0.32	-0.18	0.71	0.98	0.43	0.04	-0.66	0.87	0.59	-0.28	-0.61	-0.14		-0.62
Common Stock Total Equity	-0.85	-0.48	-0.16	-0.33	0.37	0.28	-0.36	-0.56	-0.23	0.27	-0.48	-0.22	0.27	0.55	-0.27	-0.59	-0.26	-0.15	0.69	-0.26	-0.19	0.43	0.26	0.28	-0.62

Click cells to compare fundamentals

News Corp Account Relationship Matchups

News Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.3B	16.8B	17.2B	16.9B	19.5B	17.3B
Other Current Liab	1.9B	2.4B	2.2B	2.1B	2.4B	1.3B
Total Current Liabilities	2.7B	3.2B	3.5B	3.5B	4.0B	3.1B
Total Stockholder Equity	7.6B	8.2B	8.2B	8.1B	7.3B	8.1B
Property Plant And Equipment Net	3.3B	3.3B	3.0B	3.1B	2.8B	2.3B
Current Deferred Revenue	398M	473M	604M	622M	715.3M	491.4M
Net Debt	888M	1.2B	2.2B	2.3B	2.6B	2.7B
Accounts Payable	411M	351M	321M	440M	506M	366.6M
Cash	1.5B	2.2B	1.8B	1.8B	1.6B	1.6B
Non Current Assets Total	10.8B	12.3B	13.1B	12.9B	14.8B	12.8B
Non Currrent Assets Other	1.0B	1.4B	1.4B	1.3B	1.5B	853.2M
Cash And Short Term Investments	1.5B	2.2B	1.8B	1.8B	1.6B	1.6B
Net Receivables	1.2B	1.5B	1.5B	1.4B	1.3B	1.1B
Good Will	4.0B	4.7B	5.2B	5.1B	5.9B	4.4B
Liabilities And Stockholders Equity	14.3B	16.8B	17.2B	16.9B	19.5B	17.3B
Non Current Liabilities Total	3.2B	4.4B	4.6B	4.5B	5.2B	5.4B
Other Current Assets	393M	469M	458M	484M	556.6M	484.3M
Other Stockholder Equity	12.1B	12.1B	11.8B	11.4B	10.3B	9.8B
Total Liab	5.9B	7.6B	8.1B	8.0B	9.2B	5.6B
Property Plant And Equipment Gross	3.3B	3.3B	2.1B	3.1B	3.5B	1.9B
Total Current Assets	3.5B	4.5B	4.1B	4.1B	3.6B	3.3B
Accumulated Other Comprehensive Income	(1.3B)	(941M)	(1.3B)	(1.2B)	(1.4B)	(1.5B)
Short Term Debt	76M	28M	293M	347M	312.3M	296.7M
Intangible Assets	2.4B	1.9B	2.2B	2.5B	2.2B	2.0B
Short Long Term Debt Total	2.4B	3.4B	4.0B	4.1B	4.7B	4.9B
Other Liab	827M	990M	836M	743M	854.5M	950.8M
Net Tangible Assets	1.3B	1.4B	382M	1.6B	1.4B	2.6B
Noncontrolling Interest In Consolidated Entity	807M	935M	921M	881M	1.0B	739.9M
Retained Earnings	(3.2B)	(2.9B)	(2.3B)	(2.1B)	(1.9B)	(2.0B)
Other Assets	1.2B	1.8B	1.8B	1.7B	1.9B	1.3B
Long Term Debt	1.2B	2.3B	2.8B	2.6B	3.0B	3.2B
Retained Earnings Total Equity	(3.2B)	(2.9B)	(2.3B)	(2.1B)	(1.9B)	(2.0B)
Capital Surpluse	12.1B	12.1B	11.8B	11.4B	10.3B	9.7B
Deferred Long Term Liab	258M	260M	198M	163M	187.5M	240.4M
Long Term Investments	297M	351M	488M	427M	384.3M	365.1M
Non Current Liabilities Other	326M	519M	483M	446M	401.4M	372.6M
Property Plant Equipment	2.8B	3.3B	3.0B	2.5B	2.9B	2.8B

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

0.7

DRCT

Direct Digital Holdings

Pair Corr

Moving against News Stock

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0.55	SE	Sea Financial Report 21st of May 2024	Pair Corr
0.54	ADV	Advantage Solutions	Pair Corr
0.53	FOXA	Fox Corp Class Fiscal Year End 13th of August 2024	Pair Corr
0.5	CTV	Innovid Corp	Pair Corr

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 Correlation Correlation 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:

How To Invest In News

Details

Is News Stock a good investment?

Details

What is News Corp's Net Worth?

Details

Largest Publishing Companies

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Largest Media & Entertainment Companies

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary 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.

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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.

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News Net Debt vs Net Invested Capital Analysis

Net Debt vs Net Invested Capital

Net Debt vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Net Debt

Net Invested Capital

News Corp fundamental ratios Correlations

News Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

News Corp fundamental ratios Accounts

Pair Trading with News Corp

Moving together with News Stock

Moving against News Stock

Complementary Tools for News Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.98	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.97	Net Debt
Non Current Liabilities Total	+ 0.96	Net Debt
Non Current Assets Total	+ 0.95	Total Assets
Good Will	+ 0.95	Total Current Liabilities

Short Term Debt	- 0.93	Other Current Liab
Net Debt	- 0.88	Total Stockholder Equity
Common Stock Total Equity	- 0.85	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.84	Total Stockholder Equity
Total Liab	- 0.83	Total Stockholder Equity
Non Currrent Assets Other	- 0.82	Total Stockholder Equity