Disney Balance Sheet Analysis

DIS Stock

USD 112.43 0.51 0.45%

Most accounts from Disney's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Disney Valuation and Disney Correlation analysis.

At this time, Disney's Total Liabilities is comparatively stable compared to the past year. Other Current Liabilities is likely to gain to about 32.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2 B in 2024.

Net Receivables Accounts Payable

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	48.4B	46.4B	53.4B	56.1B
Total Assets	203.6B	205.6B	236.4B	248.2B

Short Long Term Debt Total Total Assets

Disney balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Non Current Assets Total	Non Currrent Assets Other	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Other Current Liab	Total Current Liabilities	Property Plant And Equipment Net	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Current Assets	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.99	0.96	-0.05	1.0	0.58	0.7	0.98	0.61	0.99	0.7	0.98	0.91	-0.06	0.91	0.91	0.95	0.57	0.54	0.88	0.99	0.51	0.42	0.99	0.83
Short Long Term Debt Total	0.98		0.94	0.99	-0.09	0.98	0.55	0.62	1.0	0.63	0.99	0.59	0.95	0.85	0.07	0.93	0.93	0.93	0.5	0.45	0.81	0.98	0.58	0.52	0.95	0.83
Total Stockholder Equity	0.99	0.94		0.92	-0.03	0.99	0.58	0.75	0.95	0.59	0.97	0.75	0.98	0.92	-0.14	0.88	0.88	0.94	0.61	0.59	0.91	0.98	0.45	0.34	0.99	0.81
Net Debt	0.96	0.99	0.92		-0.05	0.96	0.54	0.53	0.98	0.6	0.98	0.52	0.95	0.84	0.15	0.85	0.85	0.95	0.5	0.42	0.75	0.94	0.66	0.57	0.94	0.84
Retained Earnings	-0.05	-0.09	-0.03	-0.05		-0.06	-0.19	-0.24	-0.1	-0.78	-0.05	-0.14	0.05	0.33	0.13	-0.17	-0.17	0.15	0.51	-0.28	-0.06	-0.04	0.31	-0.57	0.06	0.24
Non Current Assets Total	1.0	0.98	0.99	0.96	-0.06		0.59	0.69	0.98	0.62	0.99	0.7	0.98	0.9	-0.06	0.9	0.9	0.95	0.57	0.54	0.88	0.99	0.51	0.43	0.99	0.83
Non Currrent Assets Other	0.58	0.55	0.58	0.54	-0.19	0.59		0.46	0.58	0.51	0.57	0.3	0.52	0.45	0.15	0.52	0.52	0.45	0.31	0.54	0.64	0.51	-0.04	0.26	0.54	0.5
Common Stock Shares Outstanding	0.7	0.62	0.75	0.53	-0.24	0.69	0.46		0.65	0.58	0.65	0.73	0.64	0.61	-0.39	0.74	0.74	0.55	0.54	0.67	0.76	0.72	0.02	0.04	0.71	0.54
Non Current Liabilities Total	0.98	1.0	0.95	0.98	-0.1	0.98	0.58	0.65		0.64	1.0	0.6	0.95	0.85	0.06	0.94	0.94	0.93	0.51	0.47	0.82	0.98	0.53	0.51	0.96	0.83
Other Stockholder Equity	0.61	0.63	0.59	0.6	-0.78	0.62	0.51	0.58	0.64		0.61	0.46	0.52	0.23	-0.07	0.64	0.64	0.43	0.04	0.5	0.53	0.59	0.1	0.77	0.5	0.41
Total Liab	0.99	0.99	0.97	0.98	-0.05	0.99	0.57	0.65	1.0	0.61		0.64	0.97	0.89	0.02	0.92	0.92	0.95	0.54	0.49	0.85	0.99	0.56	0.47	0.98	0.84
Other Current Liab	0.7	0.59	0.75	0.52	-0.14	0.7	0.3	0.73	0.6	0.46	0.64		0.71	0.67	-0.75	0.68	0.68	0.56	0.38	0.6	0.83	0.71	0.07	0.03	0.69	0.42
Total Current Liabilities	0.98	0.95	0.98	0.95	0.05	0.98	0.52	0.64	0.95	0.52	0.97	0.71		0.93	-0.08	0.85	0.85	0.97	0.58	0.52	0.88	0.97	0.59	0.36	0.98	0.82
Property Plant And Equipment Net	0.91	0.85	0.92	0.84	0.33	0.9	0.45	0.61	0.85	0.23	0.89	0.67	0.93		-0.12	0.78	0.78	0.93	0.7	0.46	0.83	0.91	0.53	0.05	0.95	0.78
Accounts Payable	-0.06	0.07	-0.14	0.15	0.13	-0.06	0.15	-0.39	0.06	-0.07	0.02	-0.75	-0.08	-0.12		-0.12	-0.12	0.08	-0.06	-0.34	-0.32	-0.09	0.34	0.35	-0.07	0.16
Cash	0.91	0.93	0.88	0.85	-0.17	0.9	0.52	0.74	0.94	0.64	0.92	0.68	0.85	0.78	-0.12		1.0	0.78	0.43	0.47	0.84	0.95	0.31	0.37	0.88	0.72
Cash And Short Term Investments	0.91	0.93	0.88	0.85	-0.17	0.9	0.52	0.74	0.94	0.64	0.92	0.68	0.85	0.78	-0.12	1.0		0.78	0.43	0.47	0.84	0.95	0.31	0.37	0.88	0.72
Net Receivables	0.95	0.93	0.94	0.95	0.15	0.95	0.45	0.55	0.93	0.43	0.95	0.56	0.97	0.93	0.08	0.78	0.78		0.63	0.43	0.77	0.94	0.67	0.37	0.97	0.84
Inventory	0.57	0.5	0.61	0.5	0.51	0.57	0.31	0.54	0.51	0.04	0.54	0.38	0.58	0.7	-0.06	0.43	0.43	0.63		0.4	0.48	0.57	0.45	-0.11	0.64	0.83
Other Current Assets	0.54	0.45	0.59	0.42	-0.28	0.54	0.54	0.67	0.47	0.5	0.49	0.6	0.52	0.46	-0.34	0.47	0.47	0.43	0.4		0.59	0.52	0.1	0.03	0.54	0.34
Property Plant And Equipment Gross	0.88	0.81	0.91	0.75	-0.06	0.88	0.64	0.76	0.82	0.53	0.85	0.83	0.88	0.83	-0.32	0.84	0.84	0.77	0.48	0.59		0.87	0.2	0.15	0.88	0.67
Total Current Assets	0.99	0.98	0.98	0.94	-0.04	0.99	0.51	0.72	0.98	0.59	0.99	0.71	0.97	0.91	-0.09	0.95	0.95	0.94	0.57	0.52	0.87		0.5	0.38	0.98	0.82
Short Term Debt	0.51	0.58	0.45	0.66	0.31	0.51	-0.04	0.02	0.53	0.1	0.56	0.07	0.59	0.53	0.34	0.31	0.31	0.67	0.45	0.1	0.2	0.5		0.41	0.53	0.63
Intangible Assets	0.42	0.52	0.34	0.57	-0.57	0.43	0.26	0.04	0.51	0.77	0.47	0.03	0.36	0.05	0.35	0.37	0.37	0.37	-0.11	0.03	0.15	0.38	0.41		0.3	0.37
Common Stock Total Equity	0.99	0.95	0.99	0.94	0.06	0.99	0.54	0.71	0.96	0.5	0.98	0.69	0.98	0.95	-0.07	0.88	0.88	0.97	0.64	0.54	0.88	0.98	0.53	0.3		0.83
Common Stock	0.83	0.83	0.81	0.84	0.24	0.83	0.5	0.54	0.83	0.41	0.84	0.42	0.82	0.78	0.16	0.72	0.72	0.84	0.83	0.34	0.67	0.82	0.63	0.37	0.83

Click cells to compare fundamentals

Disney Account Relationship Matchups

Disney balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	201.5B	203.6B	203.6B	205.6B	236.4B	248.2B
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
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
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
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
Total Current Assets	35.3B	33.7B	29.1B	32.8B	37.7B	39.6B
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	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
Good Will	77.7B	78.1B	77.9B	77.1B	88.6B	93.1B

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 together with Disney Stock

0.85

CTV

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Pair Corr

Moving against Disney Stock

0.85	UONEK	Urban One Class Report 4th of July 2024	Pair Corr
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0.76	WMG	Warner Music Group Financial Report 14th of May 2024	Pair Corr
0.76	SJ	Scienjoy Holding Corp Report 26th of April 2024	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Walt Disney is a strong investment it is important to analyze Disney'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 Disney's future performance. For an informed investment choice regarding Disney Stock, refer to the following important reports:

How To Invest In Disney

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Is Disney Stock a good investment?

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What is Disney's Net Worth?

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Largest Movies & Entertainment Companies

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Largest Media & Entertainment Companies

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Check out Disney Valuation and Disney Correlation analysis.

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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

1.63

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.

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Disney Balance Sheet Analysis

Disney balance sheet Correlations

Disney Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Disney balance sheet Accounts

Pair Trading with Disney

Moving together with Disney Stock

Moving against Disney Stock

Complementary Tools for Disney Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Non Current Liabilities Total
Cash And Short Term Investments	+ 1.0	Cash
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.78	Retained Earnings
Accounts Payable	- 0.75	Other Current Liab
Intangible Assets	- 0.57	Retained Earnings
Accounts Payable	- 0.39	Common Stock Shares Outstanding
Other Current Assets	- 0.34	Accounts Payable
Property Plant And Equipment Gross	- 0.32	Accounts Payable