DIS Stock | | | USD 117.60 2.15 1.86% |
Disney financial indicator trend analysis is much more than just examining Walt Disney latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walt Disney is a good investment. Please check the relationship between Disney Accumulated Depreciation and its Capital Stock accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Accumulated Depreciation vs Capital Stock
Accumulated Depreciation vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Walt Disney Accumulated Depreciation account and
Capital Stock. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Disney's Accumulated Depreciation and Capital Stock is -0.4. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Walt Disney, assuming nothing else is changed. The correlation between historical values of Disney's Accumulated Depreciation and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Walt Disney are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Accumulated Depreciation i.e., Disney's Accumulated Depreciation and Capital Stock go up and down completely randomly.
Correlation Coefficient | -0.4 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accumulated Depreciation
Accumulated depreciation is the total amount of depreciation for Walt Disney fixed asset that has been charged to Disney expense since that asset was acquired and made available for Disney use. The accumulated depreciation account is Walt Disney asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Walt Disney.
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.
Most indicators from Disney's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Walt Disney. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, Disney's
Selling General Administrative is comparatively stable compared to the past year.
Tax Provision is likely to gain to about 2.1
B in 2024, despite the fact that
Discontinued Operations is likely to grow to (41
M).
Disney fundamental ratios Correlations
Click cells to compare fundamentals
Disney Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Disney fundamental ratios Accounts
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Additional 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.