Comcast Other Operating Expenses vs Minority Interest Analysis

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 Other Operating Expenses and its Minority Interest 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.

Other Operating Expenses vs Minority Interest

Other Operating Expenses vs Minority Interest Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Comcast Holdings Corp Other Operating Expenses account and Minority Interest. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Comcast Holdings' Other Operating Expenses and Minority Interest is -0.69. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Minority Interest 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' Other Operating Expenses and Minority Interest is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Comcast Holdings Corp are associated (or correlated) with its Minority Interest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Minority Interest has no effect on the direction of Other Operating Expenses i.e., Comcast Holdings' Other Operating Expenses and Minority Interest go up and down completely randomly.

Correlation Coefficient

-0.69
Relationship DirectionNegative 
Relationship StrengthWeak

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Comcast Holdings Corp. It is also known as Comcast Holdings overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Comcast Holdings Corp whose combined shares represent less than 50% of the total outstanding shares issued by Comcast Holdings have a minority interest in Comcast Holdings.
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 Revenue116.4B121.4B121.6B127.7B
Depreciation And Amortization13.8B13.8B14.3B15.1B

Comcast Holdings fundamental ratios Correlations

0.960.770.920.980.970.950.930.611.00.20.460.960.480.990.730.640.990.950.260.960.83-0.550.760.26-0.25
0.960.730.90.930.931.00.940.510.960.270.350.960.30.980.810.470.980.920.280.920.76-0.490.620.31-0.07
0.770.730.920.720.840.730.710.350.780.650.150.830.240.740.460.330.780.7-0.060.810.39-0.550.510.5-0.11
0.920.90.920.90.970.90.890.510.920.490.320.970.310.90.630.440.940.890.180.940.6-0.580.630.3-0.13
0.980.930.720.90.960.910.960.630.980.190.480.940.470.960.680.630.970.940.270.960.82-0.60.750.22-0.22
0.970.930.840.970.960.920.940.540.970.360.350.990.380.960.640.540.970.910.180.980.71-0.650.690.31-0.17
0.951.00.730.90.910.920.920.430.950.270.270.950.290.970.820.450.970.880.30.90.74-0.460.610.31-0.07
0.930.940.710.890.960.940.920.590.930.380.40.950.190.920.670.40.930.90.130.950.66-0.690.530.340.07
0.610.510.350.510.630.540.430.590.580.10.920.520.270.560.20.420.560.76-0.010.610.51-0.560.410.12-0.06
1.00.960.780.920.980.970.950.930.580.20.430.960.490.990.730.650.990.940.260.960.83-0.550.770.27-0.25
0.20.270.650.490.190.360.270.380.10.2-0.140.4-0.530.170.01-0.430.240.21-0.540.38-0.34-0.56-0.280.640.57
0.460.350.150.320.480.350.270.40.920.43-0.140.330.360.420.10.510.40.640.040.420.53-0.40.41-0.04-0.16
0.960.960.830.970.940.990.950.950.520.960.40.330.30.950.680.460.970.910.20.970.68-0.620.630.31-0.09
0.480.30.240.310.470.380.290.190.270.49-0.530.360.30.460.320.940.430.410.550.320.770.10.93-0.33-0.94
0.990.980.740.90.960.960.970.920.560.990.170.420.950.460.770.621.00.940.290.940.84-0.510.740.27-0.22
0.730.810.460.630.680.640.820.670.20.730.010.10.680.320.770.40.750.690.50.620.690.040.54-0.02-0.14
0.640.470.330.440.630.540.450.40.420.65-0.430.510.460.940.620.40.590.570.440.510.9-0.130.94-0.18-0.79
0.990.980.780.940.970.970.970.930.560.990.240.40.970.431.00.750.590.940.270.960.8-0.530.730.28-0.2
0.950.920.70.890.940.910.880.90.760.940.210.640.910.410.940.690.570.940.270.920.78-0.530.680.16-0.17
0.260.28-0.060.180.270.180.30.13-0.010.26-0.540.040.20.550.290.50.440.270.270.070.530.460.55-0.68-0.55
0.960.920.810.940.960.980.90.950.610.960.380.420.970.320.940.620.510.960.920.070.69-0.720.630.37-0.09
0.830.760.390.60.820.710.740.660.510.83-0.340.530.680.770.840.690.90.80.780.530.69-0.210.9-0.09-0.55
-0.55-0.49-0.55-0.58-0.6-0.65-0.46-0.69-0.56-0.55-0.56-0.4-0.620.1-0.510.04-0.13-0.53-0.530.46-0.72-0.21-0.15-0.62-0.28
0.760.620.510.630.750.690.610.530.410.77-0.280.410.630.930.740.540.940.730.680.550.630.9-0.15-0.17-0.8
0.260.310.50.30.220.310.310.340.120.270.64-0.040.31-0.330.27-0.02-0.180.280.16-0.680.37-0.09-0.62-0.170.44
-0.25-0.07-0.11-0.13-0.22-0.17-0.070.07-0.06-0.250.57-0.16-0.09-0.94-0.22-0.14-0.79-0.2-0.17-0.55-0.09-0.55-0.28-0.80.44
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Comcast Holdings Account Relationship Matchups

Comcast Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets263.4B273.9B275.9B257.3B264.8B278.1B
Short Long Term Debt Total102.2B103.8B94.9B94.8B97.1B101.9B
Other Current Liab12.2B11.3B11.7B11.2B22.5B23.6B
Total Current Liabilities30.3B28.8B29.3B27.9B40.2B42.2B
Total Stockholder Equity82.7B90.3B96.1B80.9B82.7B86.8B
Property Plant And Equipment Net48.3B52.0B54.0B55.5B59.7B62.7B
Net Debt96.7B92.0B86.1B90.1B90.9B95.4B
Retained Earnings50.7B56.4B61.9B51.6B52.9B55.5B
Cash5.5B11.7B8.7B4.7B6.2B6.5B
Non Current Assets Total238.0B247.1B251.1B235.4B240.8B252.9B
Non Currrent Assets Other(19.3B)(19.9B)(17.6B)(16.2B)17.6B18.4B
Cash And Short Term Investments5.5B11.7B8.7B4.7B6.2B3.3B
Net Receivables11.3B11.5B12.0B12.7B13.8B14.5B
Common Stock Shares Outstanding4.6B4.6B4.7B4.4B4.1B4.2B
Liabilities And Stockholders Equity263.4B273.9B275.9B257.3B264.8B278.1B
Non Current Liabilities Total147.9B152.1B148.5B147.4B141.1B148.2B
Other Current Assets8.6B3.5B4.1B4.4B4.0B4.2B
Other Stockholder Equity29.6B31.9B32.7B31.9B31.0B21.6B
Total Liab178.2B180.9B177.9B175.2B181.3B190.4B
Total Current Assets25.4B26.7B24.8B21.8B24.0B25.2B
Accumulated Other Comprehensive Income1.0B1.9B1.5B(2.6B)(1.3B)(1.2B)
Short Term Debt4.5B3.1B2.1B1.7B2.1B2.0B
Accounts Payable10.8B11.4B12.5B12.5B12.4B13.1B
Intangible Assets104.4B108.1B105.8B101.2B87.2B66.1B
Inventory9M3.7B3.9B(12.0B)(10.8B)(10.3B)
Short Term Investments9M7.9B1.6B7.8B9.0B9.4B
Current Deferred Revenue2.8B3.0B3.0B2.4B3.2B2.3B
Good Will68.7B70.7B70.2B58.5B59.3B37.9B
Property Plant And Equipment Gross38.5B44.4B48.3B52.0B59.8B62.8B
Noncontrolling Interest In Consolidated Entity1.1B1.4B1.4B684M615.6M584.8M
Retained Earnings Total Equity50.7B56.4B61.9B51.6B59.4B42.6B
Deferred Long Term Liab28.2B28.1B30.0B28.7B33.0B29.8B
Property Plant Equipment48.3B52.0B54.0B55.5B63.8B44.5B
Net Tangible Assets(75.0B)(68.7B)(61.4B)(60.6B)(54.6B)(57.3B)

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