Sinclair Historical Income Statement
SBGI Stock | USD 18.32 0.27 1.50% |
Historical analysis of Sinclair Broadcast income statement accounts such as Other Operating Expenses of 3.6 B, Cost Of Revenue of 1.7 B, Total Operating Expenses of 1.9 B or Selling General Administrative of 728.7 M can show how well Sinclair Broadcast Group performed in making a profits. Evaluating Sinclair Broadcast income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sinclair Broadcast's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Sinclair Broadcast latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sinclair Broadcast is a good buy for the upcoming year.
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About Sinclair Income Statement Analysis
Sinclair Broadcast Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sinclair Broadcast shareholders. The income statement also shows Sinclair investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Sinclair Broadcast Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Sinclair Broadcast Group minus its cost of goods sold. It is profit before Sinclair Broadcast operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Sinclair Broadcast income statement and represents the costs associated with goods and services Sinclair Broadcast provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Sinclair Broadcast's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sinclair Broadcast current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. As of now, Sinclair Broadcast's Total Operating Expenses is increasing as compared to previous years. The Sinclair Broadcast's current Selling General Administrative is estimated to increase to about 728.7 M, while Interest Expense is projected to decrease to under 195.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 618M | 296M | 305M | 195.6M | Depreciation And Amortization | 3.0B | 737M | 271M | 390.3M |
Sinclair Broadcast income statement Correlations
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Sinclair Broadcast Account Relationship Matchups
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Sinclair Broadcast income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 424M | 1.8B | 3.0B | 737M | 271M | 390.3M | |
Interest Expense | 422M | 656M | 618M | 296M | 305M | 195.6M | |
Total Revenue | 4.2B | 5.9B | 6.1B | 3.9B | 3.1B | 1.8B | |
Gross Profit | 2.2B | 3.2B | 1.8B | 1.9B | 1.5B | 1.0B | |
Other Operating Expenses | 3.9B | 4.6B | 6.1B | 3.4B | 3.5B | 3.6B | |
Operating Income | 349M | 1.7B | 55M | 486M | (331M) | (314.5M) | |
Ebit | 349M | (2.5B) | 119M | 3.9B | (316M) | (300.2M) | |
Ebitda | 773M | (655M) | 3.2B | 4.6B | (45M) | (42.8M) | |
Cost Of Revenue | 2.1B | 2.7B | 4.3B | 2.0B | 1.7B | 1.7B | |
Total Operating Expenses | 1.8B | 1.8B | 1.8B | 1.4B | 1.8B | 1.9B | |
Income Before Tax | 9M | (3.1B) | (499M) | 3.6B | (637M) | (605.2M) | |
Total Other Income Expense Net | (340M) | (377M) | (594M) | (366M) | (306M) | (290.7M) | |
Net Income | 105M | (2.4B) | (326M) | 2.7B | (291M) | (276.5M) | |
Income Tax Expense | (96M) | (720M) | (173M) | 913M | (358M) | (340.1M) | |
Selling General Administrative | 477M | 234M | 263M | 972M | 694M | 728.7M | |
Net Income Applicable To Common Shares | 47M | (2.4B) | (414M) | 2.7B | 3.0B | 3.2B | |
Selling And Marketing Expenses | 732M | 832M | 908M | 812M | 747M | 511.8M | |
Net Income From Continuing Ops | 105M | (2.4B) | (326M) | 2.7B | (279M) | (265.1M) | |
Non Recurring | (92M) | (4.4B) | (71M) | (64M) | (57.6M) | (60.5M) | |
Non Operating Income Net Other | (39M) | 279M | 24M | (70M) | (80.5M) | (76.5M) | |
Minority Interest | 58M | (15M) | (88M) | 49M | (12M) | (11.4M) | |
Tax Provision | (96M) | (720M) | (173M) | 913M | (358M) | (340.1M) | |
Net Interest Income | (422M) | (656M) | (618M) | (296M) | (305M) | (320.3M) | |
Reconciled Depreciation | 1.1B | 1.8B | 591M | 321M | 271M | 520.2M |
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When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast's 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 Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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 (0.87) | Dividend Share 1 | Earnings Share (3.16) | Revenue Per Share 51.806 | Quarterly Revenue Growth 0.196 |
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast's 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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast's 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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast's 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.