News Depreciation vs Free Cash Flow Analysis

NWS Stock

USD 31.43 0.42 1.32%

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 Depreciation and its Free Cash Flow 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 closely tied with the direction of predictive economic indicators such as signals in housing.

Depreciation vs Free Cash Flow

Depreciation vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of News Corp B Depreciation account and Free Cash Flow. At this time, the significance of the direction appears to have weak relationship.

The correlation between News Corp's Depreciation and Free Cash Flow is 0.31. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Free Cash Flow 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 Depreciation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of News Corp B are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Depreciation i.e., News Corp's Depreciation and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Depreciation

Depreciation indicates how much of News Corp B value has been used up. For tax purposes News Corp can deduct the cost of the tangible assets it purchases as business expenses. However, News Corp B must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

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 closely tied with the direction of predictive economic indicators such as signals in housing.

Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.6 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	99M	100M	85M	61.7M
Depreciation And Amortization	813M	823M	734M	651.9M

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		0.35	0.2	0.29	-0.37	-0.26	0.17	0.44	0.17	-0.24	0.36	0.22	-0.24	0.27	0.21	0.15	0.2	0.08	-0.58	0.19	0.47	0.18	-0.35	-0.31	0.16	-0.76
Total Assets	0.35		0.31	0.54	-0.08	0.11	0.64	0.42	0.39	0.4	0.92	0.46	0.4	0.64	0.59	0.48	0.23	0.25	-0.03	0.52	0.33	0.68	-0.28	0.28	0.51	-0.38
Other Current Liab	0.2	0.31		0.82	-0.78	-0.22	0.66	0.78	0.54	-0.17	0.39	0.85	-0.17	0.11	0.85	0.75	0.34	0.31	-0.36	0.8	0.25	0.02	-0.93	-0.24	0.68	-0.15
Total Current Liabilities	0.29	0.54	0.82		-0.77	0.03	0.85	0.84	0.78	-0.28	0.68	0.85	-0.28	0.42	0.93	0.83	0.39	0.01	-0.34	0.9	0.34	0.04	-0.66	0.1	0.77	-0.2
Total Stockholder Equity	-0.37	-0.08	-0.78	-0.77		-0.04	-0.63	-0.92	-0.53	0.62	-0.28	-0.81	0.62	-0.04	-0.67	-0.81	-0.31	0.07	0.62	-0.83	-0.59	0.34	0.73	0.25	-0.75	0.35
Property Plant And Equipment Net	-0.26	0.11	-0.22	0.03	-0.04		0.04	0.05	0.08	0.03	0.17	0.19	0.03	0.13	-0.12	0.31	0.09	-0.49	0.33	0.25	0.25	-0.06	0.36	0.41	0.24	0.26
Current Deferred Revenue	0.17	0.64	0.66	0.85	-0.63	0.04		0.82	0.63	-0.15	0.77	0.76	-0.15	0.39	0.82	0.84	0.23	0.03	-0.32	0.87	0.45	0.11	-0.57	0.21	0.84	-0.27
Net Debt	0.44	0.42	0.78	0.84	-0.92	0.05	0.82		0.53	-0.44	0.59	0.88	-0.44	0.19	0.79	0.91	0.32	0.09	-0.6	0.92	0.67	-0.09	-0.74	-0.17	0.91	-0.48
Accounts Payable	0.17	0.39	0.54	0.78	-0.53	0.08	0.63	0.53		-0.17	0.45	0.53	-0.17	0.51	0.72	0.51	0.69	-0.16	-0.15	0.6	0.09	0.09	-0.43	0.2	0.43	-0.05
Cash	-0.24	0.4	-0.17	-0.28	0.62	0.03	-0.15	-0.44	-0.17		0.07	-0.13	1.0	0.25	-0.21	-0.24	0.01	0.45	0.34	-0.26	-0.36	0.84	0.13	-0.01	-0.23	0.2
Non Current Assets Total	0.36	0.92	0.39	0.68	-0.28	0.17	0.77	0.59	0.45	0.07		0.54	0.07	0.5	0.72	0.64	0.15	0.04	-0.01	0.67	0.45	0.35	-0.31	0.42	0.65	-0.36
Non Currrent Assets Other	0.22	0.46	0.85	0.85	-0.81	0.19	0.76	0.88	0.53	-0.13	0.54		-0.13	0.24	0.75	0.93	0.38	0.21	-0.43	0.94	0.42	0.1	-0.75	-0.2	0.9	-0.16
Cash And Short Term Investments	-0.24	0.4	-0.17	-0.28	0.62	0.03	-0.15	-0.44	-0.17	1.0	0.07	-0.13		0.25	-0.21	-0.24	0.01	0.45	0.34	-0.26	-0.36	0.84	0.13	-0.01	-0.23	0.2
Net Receivables	0.27	0.64	0.11	0.42	-0.04	0.13	0.39	0.19	0.51	0.25	0.5	0.24	0.25		0.35	0.21	0.44	-0.07	-0.12	0.27	0.19	0.6	-0.04	0.28	0.19	-0.32
Good Will	0.21	0.59	0.85	0.93	-0.67	-0.12	0.82	0.79	0.72	-0.21	0.72	0.75	-0.21	0.35		0.78	0.35	0.13	-0.19	0.84	0.33	0.07	-0.72	0.16	0.73	-0.24
Non Current Liabilities Total	0.15	0.48	0.75	0.83	-0.81	0.31	0.84	0.91	0.51	-0.24	0.64	0.93	-0.24	0.21	0.78		0.22	0.0	-0.33	0.99	0.61	-0.03	-0.63	0.04	0.95	-0.23
Inventory	0.2	0.23	0.34	0.39	-0.31	0.09	0.23	0.32	0.69	0.01	0.15	0.38	0.01	0.44	0.35	0.22		0.21	-0.26	0.27	0.0	0.27	-0.35	-0.21	0.23	-0.14
Other Current Assets	0.08	0.25	0.31	0.01	0.07	-0.49	0.03	0.09	-0.16	0.45	0.04	0.21	0.45	-0.07	0.13	0.0	0.21		-0.31	0.01	-0.14	0.51	-0.42	-0.59	0.13	-0.2
Other Stockholder Equity	-0.58	-0.03	-0.36	-0.34	0.62	0.33	-0.32	-0.6	-0.15	0.34	-0.01	-0.43	0.34	-0.12	-0.19	-0.33	-0.26	-0.31		-0.35	-0.48	-0.04	0.49	0.69	-0.42	0.66
Total Liab	0.19	0.52	0.8	0.9	-0.83	0.25	0.87	0.92	0.6	-0.26	0.67	0.94	-0.26	0.27	0.84	0.99	0.27	0.01	-0.35		0.56	-0.02	-0.66	0.06	0.94	-0.23
Property Plant And Equipment Gross	0.47	0.33	0.25	0.34	-0.59	0.25	0.45	0.67	0.09	-0.36	0.45	0.42	-0.36	0.19	0.33	0.61	0.0	-0.14	-0.48	0.56		-0.05	-0.32	0.01	0.56	-0.77
Total Current Assets	0.18	0.68	0.02	0.04	0.34	-0.06	0.11	-0.09	0.09	0.84	0.35	0.1	0.84	0.6	0.07	-0.03	0.27	0.51	-0.04	-0.02	-0.05		-0.08	-0.13	0.01	-0.25
Short Term Debt	-0.35	-0.28	-0.93	-0.66	0.73	0.36	-0.57	-0.74	-0.43	0.13	-0.31	-0.75	0.13	-0.04	-0.72	-0.63	-0.35	-0.42	0.49	-0.66	-0.32	-0.08		0.42	-0.58	0.34
Intangible Assets	-0.31	0.28	-0.24	0.1	0.25	0.41	0.21	-0.17	0.2	-0.01	0.42	-0.2	-0.01	0.28	0.16	0.04	-0.21	-0.59	0.69	0.06	0.01	-0.13	0.42		-0.07	0.26
Short Long Term Debt Total	0.16	0.51	0.68	0.77	-0.75	0.24	0.84	0.91	0.43	-0.23	0.65	0.9	-0.23	0.19	0.73	0.95	0.23	0.13	-0.42	0.94	0.56	0.01	-0.58	-0.07		-0.26
Common Stock Total Equity	-0.76	-0.38	-0.15	-0.2	0.35	0.26	-0.27	-0.48	-0.05	0.2	-0.36	-0.16	0.2	-0.32	-0.24	-0.23	-0.14	-0.2	0.66	-0.23	-0.77	-0.25	0.34	0.26	-0.26

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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	16.7B	17.4B
Other Current Liab	1.9B	2.2B	2.1B	1.9B	2.0B	1.4B
Total Current Liabilities	2.7B	3.2B	3.5B	3.5B	3.1B	3.1B
Total Stockholder Equity	7.6B	8.2B	8.2B	8.1B	8.1B	8.0B
Property Plant And Equipment Net	3.3B	3.3B	3.0B	3.1B	2.9B	2.3B
Current Deferred Revenue	398M	473M	604M	622M	551M	499.6M
Net Debt	888M	1.2B	2.2B	2.3B	2.1B	2.2B
Accounts Payable	605M	411M	351M	321M	440M	365.1M
Cash	1.5B	2.2B	1.8B	1.8B	2.0B	1.6B
Non Current Assets Total	10.8B	12.3B	13.1B	12.9B	12.3B	12.9B
Non Currrent Assets Other	1.0B	1.4B	1.4B	1.3B	1.2B	884.2M
Cash And Short Term Investments	1.5B	2.2B	1.8B	1.8B	2.0B	1.6B
Net Receivables	1.5B	1.2B	1.5B	1.5B	1.4B	1.6B
Good Will	4.0B	4.7B	5.2B	5.1B	5.2B	4.5B
Liabilities And Stockholders Equity	14.3B	16.8B	17.2B	16.9B	16.7B	17.4B
Non Current Liabilities Total	3.2B	4.4B	4.6B	4.5B	4.6B	2.7B
Other Current Assets	393M	469M	458M	484M	613M	497.8M
Other Stockholder Equity	12.1B	12.1B	11.8B	11.4B	11.3B	9.8B
Total Liab	5.9B	7.6B	8.1B	8.0B	7.7B	5.8B
Property Plant And Equipment Gross	3.3B	3.3B	2.1B	3.1B	7.3B	7.6B
Total Current Assets	3.5B	4.5B	4.1B	4.1B	4.4B	4.5B
Accumulated Other Comprehensive Income	(1.3B)	(941M)	(1.3B)	(1.2B)	(1.3B)	(1.3B)
Short Term Debt	76M	199M	432M	139M	171M	162.5M
Intangible Assets	2.4B	1.9B	2.2B	2.5B	2.3B	1.9B
Short Long Term Debt Total	2.4B	3.4B	4.0B	4.1B	4.1B	2.4B
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	2.9B	1.5B
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	430M	408.5M
Non Current Liabilities Other	326M	519M	483M	446M	492M	374.5M
Property Plant Equipment	2.8B	3.3B	3.0B	2.5B	2.9B	2.8B

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