Fox Net Invested Capital vs Other Current Assets Analysis

FOXA Stock  USD 31.21  0.47  1.48%   
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 Net Invested Capital and its Other Current Assets 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 tightly coupled with the direction of predictive economic indicators such as signals in interest.

Net Invested Capital vs Other Current Assets

Net Invested Capital vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Net Invested Capital account and Other Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fox Corp's Net Invested Capital and Other Current Assets is -0.52. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Other Current Assets 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 Net Invested Capital and Other Current Assets 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 Invested Capital of Fox Corp Class are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Net Invested Capital i.e., Fox Corp's Net Invested Capital and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Invested Capital

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

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
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 tightly coupled with the direction of predictive economic indicators such as signals in interest.
The current year's Selling General Administrative is expected to grow to about 2.8 B, whereas Discontinued Operations is projected to grow to (10.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit4.5B4.8B5.5B8.4B
Total Revenue14.0B14.9B13.4B16.9B

Fox Corp fundamental ratios Correlations

0.720.970.90.820.20.80.720.740.470.840.860.780.990.93-0.380.690.510.460.18-0.850.81-0.90.680.69
0.720.770.490.720.010.310.310.480.610.760.810.910.780.75-0.210.30.270.210.25-0.70.38-0.790.360.37
0.970.770.880.820.230.790.680.620.520.870.840.790.950.93-0.330.710.480.430.1-0.860.82-0.890.720.74
0.90.490.880.680.50.830.750.540.320.620.640.60.820.78-0.250.890.330.29-0.1-0.760.85-0.750.750.76
0.820.720.820.680.310.760.420.450.720.760.950.70.820.930.040.510.440.330.06-0.940.73-0.920.660.66
0.20.010.230.50.310.340.04-0.340.24-0.160.090.010.080.220.60.57-0.06-0.11-0.45-0.380.46-0.320.470.48
0.80.310.790.830.760.340.710.470.340.690.70.380.730.82-0.170.720.490.42-0.13-0.790.93-0.690.810.8
0.720.310.680.750.420.040.710.720.060.640.490.450.690.54-0.610.580.350.360.18-0.390.57-0.450.360.36
0.740.480.620.540.45-0.340.470.720.040.670.60.620.790.6-0.790.280.430.440.52-0.410.37-0.520.210.21
0.470.610.520.320.720.240.340.060.040.580.70.420.490.590.350.140.420.330.17-0.570.37-0.670.250.28
0.840.760.870.620.76-0.160.690.640.670.580.880.720.880.87-0.420.40.580.530.3-0.720.64-0.740.540.54
0.860.810.840.640.950.090.70.490.60.70.880.770.890.94-0.140.390.540.440.26-0.870.67-0.90.560.56
0.780.910.790.60.70.010.380.450.620.420.720.770.820.74-0.350.450.060.010.1-0.720.4-0.770.440.45
0.990.780.950.820.820.080.730.690.790.490.880.890.820.93-0.440.570.540.490.29-0.830.74-0.910.590.6
0.930.750.930.780.930.220.820.540.60.590.870.940.740.93-0.170.570.560.480.14-0.950.84-0.940.750.76
-0.38-0.21-0.33-0.250.040.6-0.17-0.61-0.790.35-0.42-0.14-0.35-0.44-0.17-0.16-0.19-0.26-0.390.0-0.060.080.030.04
0.690.30.710.890.510.570.720.580.280.140.40.390.450.570.57-0.160.040.01-0.41-0.650.71-0.530.790.79
0.510.270.480.330.44-0.060.490.350.430.420.580.540.060.540.56-0.190.040.990.67-0.360.52-0.470.220.23
0.460.210.430.290.33-0.110.420.360.440.330.530.440.010.490.48-0.260.010.990.71-0.260.46-0.390.160.16
0.180.250.1-0.10.06-0.45-0.130.180.520.170.30.260.10.290.14-0.39-0.410.670.710.11-0.15-0.14-0.42-0.41
-0.85-0.7-0.86-0.76-0.94-0.38-0.79-0.39-0.41-0.57-0.72-0.87-0.72-0.83-0.950.0-0.65-0.36-0.260.11-0.840.92-0.83-0.84
0.810.380.820.850.730.460.930.570.370.370.640.670.40.740.84-0.060.710.520.46-0.15-0.84-0.770.870.88
-0.9-0.79-0.89-0.75-0.92-0.32-0.69-0.45-0.52-0.67-0.74-0.9-0.77-0.91-0.940.08-0.53-0.47-0.39-0.140.92-0.77-0.62-0.63
0.680.360.720.750.660.470.810.360.210.250.540.560.440.590.750.030.790.220.16-0.42-0.830.87-0.621.0
0.690.370.740.760.660.480.80.360.210.280.540.560.450.60.760.040.790.230.16-0.41-0.840.88-0.631.0
Click cells to compare fundamentals

Fox Corp Account Relationship Matchups

Fox Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets21.8B22.9B22.2B21.9B19.7B33.9B
Other Current Liab240M229M1.3B2.5B2.3B2.0B
Total Current Liabilities1.9B3.0B2.3B3.8B3.4B4.9B
Total Stockholder Equity10.1B11.1B11.3B10.4B9.3B15.5B
Other Liab1.0B1.3B1.1B559M503.1M477.9M
Retained Earnings674M2.0B2.5B2.3B2.0B3.9B
Accounts Payable1.4B1.8B686M(160M)(144M)(136.8M)
Cash4.6B5.9B5.2B4.3B3.8B4.4B
Other Assets4.8B5.9B5.5B3.6B3.3B4.7B
Long Term Debt7.9B7.2B7.2B6.0B6.9B13.7B
Good Will3.4B3.4B3.6B3.6B4.1B3.9B
Inventory856M729M791M543M488.7M464.3M
Other Current Assets97M105M162M265M238.5M285.9M
Total Liab11.6B11.8B10.8B11.4B10.3B17.3B
Intangible Assets3.2B3.2B3.2B3.1B2.8B2.6B
Common Stock9.5B7M6M5M4.5M4.3M
Property Plant Equipment1.3B2.0B1.7B1.7B1.5B2.8B
Noncontrolling Interest In Consolidated Entity17M2M36M67M60.3M57.3M
Retained Earnings Total Equity674M2.0B2.5B2.3B2.0B2.9B
Total Current Assets7.5B8.7B8.3B7.3B8.3B8.0B
Accumulated Other Comprehensive Income(417M)(318M)(226M)(149M)(134.1M)(127.4M)
Net Tangible Assets3.3B4.5B4.6B3.9B4.5B4.8B
Net Receivables1.9B2.0B2.1B2.2B2.0B2.3B
Other Stockholder Equity9.8B9.5B9.1B8.3B9.5B6.4B
Short Term Debt122M749M107M1.2B1.1B1.8B
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

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When determining whether Fox Corp Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fox 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 Fox Corp Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fox Corp Class Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Fox Corp's price analysis, check to measure Fox 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 Fox Corp is operating at the current time. Most of Fox Corp's value examination focuses on studying past and present price action to predict the probability of Fox 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 Fox Corp's price. Additionally, you may evaluate how the addition of Fox Corp to your portfolios can decrease your overall portfolio volatility.
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Is Fox 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 Fox Corp. If investors know Fox 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 Fox 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
(0.61)
Dividend Share
0.51
Earnings Share
1.71
Revenue Per Share
29.114
Quarterly Revenue Growth
(0.08)
The market value of Fox Corp Class is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Corp's value that differs from its market value or its book value, called intrinsic value, which is Fox 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 Fox Corp's market value can be influenced by many factors that don't directly affect Fox 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 Fox Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox 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.