Entravision Communications Stock Cash And Equivalents

EVC Stock  USD 2.44  0.04  1.67%   
Entravision Communications fundamentals help investors to digest information that contributes to Entravision Communications' financial success or failures. It also enables traders to predict the movement of Entravision Stock. The fundamental analysis module provides a way to measure Entravision Communications' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Entravision Communications stock.
Last ReportedProjected for Next Year
Cash And Equivalents127.3 M93.6 M
As of November 29, 2024, Cash And Equivalents is expected to decline to about 93.6 M.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Entravision Communications Company Cash And Equivalents Analysis

Entravision Communications' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Entravision Communications Cash And Equivalents

    
  110.69 M  
Most of Entravision Communications' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Entravision Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Entravision Cash And Equivalents Driver Correlations

Understanding the fundamental principles of building solid financial models for Entravision Communications is extremely important. It helps to project a fair market value of Entravision Stock properly, considering its historical fundamentals such as Cash And Equivalents. Since Entravision Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Entravision Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Entravision Communications' interrelated accounts and indicators.
0.78-0.120.810.930.040.80.710.69-0.6-0.6-0.59-0.47-0.18-0.120.460.3-0.87-0.770.570.370.55-0.73-0.62-0.73-0.27
0.78-0.270.320.80.390.580.560.67-0.69-0.29-0.25-0.08-0.04-0.290.660.59-0.81-0.630.460.220.21-0.61-0.66-0.62-0.3
-0.12-0.270.1-0.32-0.88-0.36-0.44-0.360.76-0.64-0.63-0.52-0.85-0.14-0.07-0.360.380.38-0.52-0.18-0.570.460.330.420.07
0.810.320.10.75-0.320.80.670.54-0.23-0.67-0.65-0.75-0.270.110.04-0.13-0.61-0.690.530.520.66-0.64-0.46-0.58-0.35
0.930.8-0.320.750.260.890.810.83-0.67-0.36-0.33-0.360.04-0.170.470.36-0.87-0.870.740.530.61-0.82-0.74-0.77-0.46
0.040.39-0.88-0.320.260.220.320.44-0.720.740.740.650.83-0.110.270.53-0.3-0.320.440.160.2-0.35-0.34-0.36-0.14
0.80.58-0.360.80.890.220.940.86-0.63-0.25-0.22-0.440.160.170.040.08-0.81-0.960.740.780.75-0.9-0.76-0.82-0.65
0.710.56-0.440.670.810.320.940.86-0.71-0.15-0.11-0.370.280.25-0.030.14-0.85-0.960.730.760.73-0.97-0.79-0.91-0.68
0.690.67-0.360.540.830.440.860.86-0.65-0.05-0.01-0.270.25-0.050.250.29-0.76-0.930.730.780.45-0.85-0.83-0.82-0.74
-0.6-0.690.76-0.23-0.67-0.72-0.63-0.71-0.65-0.14-0.14-0.14-0.54-0.12-0.29-0.460.850.71-0.65-0.29-0.530.770.660.820.2
-0.6-0.29-0.64-0.67-0.360.74-0.25-0.15-0.05-0.140.990.750.830.02-0.160.140.360.190.07-0.01-0.080.150.130.170.0
-0.59-0.25-0.63-0.65-0.330.74-0.22-0.11-0.01-0.140.990.720.820.01-0.150.150.340.150.110.03-0.090.110.070.14-0.08
-0.47-0.08-0.52-0.75-0.360.65-0.44-0.37-0.27-0.140.750.720.55-0.290.170.360.320.42-0.31-0.43-0.230.40.420.380.42
-0.18-0.04-0.85-0.270.040.830.160.280.25-0.540.830.820.550.16-0.140.25-0.08-0.20.450.160.31-0.3-0.17-0.29-0.08
-0.12-0.29-0.140.11-0.17-0.110.170.25-0.05-0.120.020.01-0.290.16-0.76-0.39-0.13-0.180.030.220.33-0.28-0.26-0.28-0.12
0.460.66-0.070.040.470.270.04-0.030.25-0.29-0.16-0.150.17-0.14-0.760.63-0.31-0.090.23-0.26-0.16-0.06-0.16-0.120.17
0.30.59-0.36-0.130.360.530.080.140.29-0.460.140.150.360.25-0.390.63-0.32-0.170.22-0.14-0.07-0.21-0.27-0.280.06
-0.87-0.810.38-0.61-0.87-0.3-0.81-0.85-0.760.850.360.340.32-0.08-0.13-0.31-0.320.87-0.64-0.45-0.550.890.790.910.38
-0.77-0.630.38-0.69-0.87-0.32-0.96-0.96-0.930.710.190.150.42-0.2-0.18-0.09-0.170.87-0.77-0.81-0.640.960.870.910.73
0.570.46-0.520.530.740.440.740.730.73-0.650.070.11-0.310.450.030.230.22-0.64-0.770.590.56-0.82-0.75-0.78-0.53
0.370.22-0.180.520.530.160.780.760.78-0.29-0.010.03-0.430.160.22-0.26-0.14-0.45-0.810.590.46-0.69-0.67-0.6-0.92
0.550.21-0.570.660.610.20.750.730.45-0.53-0.08-0.09-0.230.310.33-0.16-0.07-0.55-0.640.560.46-0.67-0.4-0.55-0.24
-0.73-0.610.46-0.64-0.82-0.35-0.9-0.97-0.850.770.150.110.4-0.3-0.28-0.06-0.210.890.96-0.82-0.69-0.670.870.970.63
-0.62-0.660.33-0.46-0.74-0.34-0.76-0.79-0.830.660.130.070.42-0.17-0.26-0.16-0.270.790.87-0.75-0.67-0.40.870.860.71
-0.73-0.620.42-0.58-0.77-0.36-0.82-0.91-0.820.820.170.140.38-0.29-0.28-0.12-0.280.910.91-0.78-0.6-0.550.970.860.52
-0.27-0.30.07-0.35-0.46-0.14-0.65-0.68-0.740.20.0-0.080.42-0.08-0.120.170.060.380.73-0.53-0.92-0.240.630.710.52
Click cells to compare fundamentals

Entravision Cash And Equivalents Historical Pattern

Today, most investors in Entravision Communications Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Entravision Communications' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Entravision Communications cash and equivalents as a starting point in their analysis.
   Entravision Communications Cash And Equivalents   
       Timeline  
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition

In accordance with the recently published financial statements, Entravision Communications has 110.69 M in Cash And Equivalents. This is 96.43% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The cash and equivalents for all United States stocks is 95.9% higher than that of the company.

Entravision Cash And Equivalents Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Entravision Communications' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Entravision Communications could also be used in its relative valuation, which is a method of valuing Entravision Communications by comparing valuation metrics of similar companies.
Entravision Communications is currently under evaluation in cash and equivalents category among its peers.

Entravision Communications Current Valuation Drivers

We derive many important indicators used in calculating different scores of Entravision Communications from analyzing Entravision Communications' financial statements. These drivers represent accounts that assess Entravision Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Entravision Communications' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap259.3M223.0M578.3M409.9M366.6M651.8M
Enterprise Value456.1M456.3M633.9M559.5M523.3M972.0M

Entravision Communications ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Entravision Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Entravision Communications' managers, analysts, and investors.
Environmental
Governance
Social

Entravision Fundamentals

About Entravision Communications Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Entravision Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Entravision Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Entravision Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' 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 Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:
Check out Entravision Communications Piotroski F Score and Entravision Communications Altman Z Score analysis.
For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Broadcasting space 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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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
(0.73)
Dividend Share
0.2
Earnings Share
(0.11)
Revenue Per Share
12.822
Quarterly Revenue Growth
0.255
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.