News Operating Income vs Net Income Analysis

NWSA Stock  USD 24.43  0.41  1.71%   
News Corp financial indicator trend analysis is infinitely more than just investigating News Corp A recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether News Corp A is a good investment. Please check the relationship between News Corp Operating Income and its Net Income accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Operating Income vs Net Income

Operating Income vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp A Operating Income account and Net Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between News Corp's Operating Income and Net Income is -0.36. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income in the same time period over historical financial statements of News Corp A, assuming nothing else is changed. The correlation between historical values of News Corp's Operating Income and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of News Corp A are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Operating Income i.e., News Corp's Operating Income and Net Income go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from News Corp A operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of News Corp A is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in News Corp A financial statement analysis. It represents the amount of money remaining after all of News Corp A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 A 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 A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At present, News Corp's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Discontinued Operations is expected to grow to about 18.1 M, whereas Tax Provision is forecasted to decline to about 81.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense99M100M115M59.5M
Depreciation And Amortization688M714M821.1M612.4M

News Corp fundamental ratios Correlations

0.670.410.59-0.520.27-0.20.620.650.4-0.280.690.510.39-0.28-0.460.510.680.370.24-0.70.54-0.19-0.37-0.39-0.27
0.670.430.68-0.230.110.070.770.530.540.220.950.580.270.220.10.680.640.360.27-0.240.64-0.030.23-0.30.18
0.410.430.84-0.790.62-0.190.680.780.62-0.20.50.880.81-0.2-0.030.850.720.40.3-0.410.82-0.3-0.09-0.93-0.24
0.590.680.84-0.790.580.00.90.850.83-0.320.780.880.6-0.320.080.950.830.480.08-0.470.94-0.13-0.16-0.640.05
-0.52-0.23-0.79-0.79-0.63-0.02-0.65-0.91-0.620.65-0.4-0.82-0.770.650.26-0.69-0.84-0.390.080.65-0.830.080.550.710.26
0.270.110.620.58-0.63-0.250.260.530.54-0.440.190.480.42-0.440.020.620.430.340.09-0.320.46-0.26-0.26-0.54-0.21
-0.20.07-0.190.0-0.02-0.250.010.010.050.030.110.160.070.030.34-0.120.130.08-0.50.320.210.910.120.350.41
0.620.770.680.9-0.650.260.010.790.73-0.220.860.790.51-0.220.020.840.80.380.07-0.450.89-0.14-0.14-0.50.13
0.650.530.780.85-0.910.530.010.790.63-0.50.660.870.76-0.5-0.270.780.970.420.06-0.670.9-0.14-0.43-0.71-0.2
0.40.540.620.83-0.620.540.050.730.63-0.220.580.640.41-0.220.270.810.610.73-0.06-0.310.72-0.02-0.04-0.470.15
-0.280.22-0.2-0.320.65-0.440.03-0.22-0.5-0.22-0.05-0.19-0.281.00.42-0.27-0.37-0.050.420.38-0.320.060.930.130.01
0.690.950.50.78-0.40.190.110.860.660.58-0.050.650.37-0.050.00.780.740.310.12-0.250.76-0.01-0.02-0.320.28
0.510.580.880.88-0.820.480.160.790.870.64-0.190.650.81-0.190.030.790.850.470.22-0.510.950.0-0.05-0.74-0.21
0.390.270.810.6-0.770.420.070.510.760.41-0.280.370.81-0.28-0.330.610.690.380.22-0.380.74-0.04-0.24-0.8-0.39
-0.280.22-0.2-0.320.65-0.440.03-0.22-0.5-0.221.0-0.05-0.19-0.280.42-0.27-0.37-0.050.420.38-0.320.060.930.130.01
-0.460.1-0.030.080.260.020.340.02-0.270.270.420.00.03-0.330.420.07-0.230.18-0.210.460.010.250.660.190.47
0.510.680.850.95-0.690.62-0.120.840.780.81-0.270.780.790.61-0.270.070.750.450.13-0.290.86-0.23-0.12-0.690.12
0.680.640.720.83-0.840.430.130.80.970.61-0.370.740.850.69-0.37-0.230.750.360.01-0.60.9-0.02-0.34-0.64-0.09
0.370.360.40.48-0.390.340.080.380.420.73-0.050.310.470.38-0.050.180.450.360.26-0.360.390.040.1-0.37-0.22
0.240.270.30.080.080.09-0.50.070.06-0.060.420.120.220.220.42-0.210.130.010.26-0.310.01-0.480.37-0.39-0.6
-0.7-0.24-0.41-0.470.65-0.320.32-0.45-0.67-0.310.38-0.25-0.51-0.380.380.46-0.29-0.6-0.36-0.31-0.430.340.40.450.67
0.540.640.820.94-0.830.460.210.890.90.72-0.320.760.950.74-0.320.010.860.90.390.01-0.430.04-0.19-0.640.03
-0.19-0.03-0.3-0.130.08-0.260.91-0.14-0.14-0.020.06-0.010.0-0.040.060.25-0.23-0.020.04-0.480.340.040.10.410.32
-0.370.23-0.09-0.160.55-0.260.12-0.14-0.43-0.040.93-0.02-0.05-0.240.930.66-0.12-0.340.10.370.4-0.190.10.10.06
-0.39-0.3-0.93-0.640.71-0.540.35-0.5-0.71-0.470.13-0.32-0.74-0.80.130.19-0.69-0.64-0.37-0.390.45-0.640.410.10.42
-0.270.18-0.240.050.26-0.210.410.13-0.20.150.010.28-0.21-0.390.010.470.12-0.09-0.22-0.60.670.030.320.060.42
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
Other Liab827M990M836M743M854.5M884.6M
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
Other Assets2.7B1.8B1.8B1.7B1.9B1.2B
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 Gross3.3B3.3B2.1B3.1B2.8B2.3B
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
Property Plant Equipment2.8B3.3B3.0B2.5B2.2B2.2B
Short Long Term Debt Total2.4B3.4B4.0B4.1B4.7B4.9B
Retained Earnings(3.2B)(2.9B)(2.3B)(2.1B)(1.9B)(2.0B)
Net Tangible Assets1.3B1.4B382M1.6B1.4B2.6B
Noncontrolling Interest In Consolidated Entity807M935M921M881M1.0B715.9M
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 Liab258M260M198M163M187.5M221.5M
Long Term Investments297M351M488M427M384.3M365.1M
Non Current Liabilities Other326M519M483M446M512.9M565.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether News Corp A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of News Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of News Corp A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on News Corp A Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in News Corp A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Transaction History
View history of all your transactions and understand their impact on performance
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
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
1.321
Dividend Share
0.2
Earnings Share
0.4
Revenue Per Share
17.394
Quarterly Revenue Growth
0.026
The market value of News Corp A 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.