CCZ Stock | | | USD 61.07 0.00 0.00% |
Comcast Holdings financial indicator trend analysis is way more than just evaluating Comcast Holdings Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Comcast Holdings Corp is a good investment. Please check the relationship between Comcast Holdings Non Recurring and its Depreciation And Amortization accounts. Check out
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
Non Recurring vs Depreciation And Amortization
Non Recurring vs Depreciation And Amortization Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Comcast Holdings Corp Non Recurring account and
Depreciation And Amortization. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Comcast Holdings' Non Recurring and Depreciation And Amortization is -0.3. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Comcast Holdings Corp, assuming nothing else is changed. The correlation between historical values of Comcast Holdings' Non Recurring and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Comcast Holdings Corp are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Non Recurring i.e., Comcast Holdings' Non Recurring and Depreciation And Amortization go up and down completely randomly.
Correlation Coefficient | -0.3 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Recurring
Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.
Most indicators from Comcast Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Comcast Holdings Corp 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
Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, Comcast Holdings'
Enterprise Value Over EBITDA is fairly stable compared to the past year.
Enterprise Value Multiple is likely to rise to 12.40 in 2024, whereas
Selling General Administrative is likely to drop slightly above 21.4
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Total Revenue | 116.4B | 121.4B | 121.6B | 127.7B | Depreciation And Amortization | 13.8B | 13.8B | 14.3B | 15.1B |
Comcast Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Comcast Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Comcast Holdings fundamental ratios Accounts
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Additional Tools for Comcast Stock Analysis
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measure Comcast Holdings' 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 Comcast Holdings is operating at the current time. Most of Comcast Holdings' value examination focuses on studying past and present price action to
predict the probability of Comcast Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Holdings' price. Additionally, you may evaluate how the addition of Comcast Holdings to your portfolios can decrease your overall portfolio volatility.