Sinclair Capex To Depreciation vs Capex To Revenue Analysis

SBGI Stock

USD 18.30 0.66 3.74%

Sinclair Broadcast financial indicator trend analysis is much more than just breaking down Sinclair Broadcast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinclair Broadcast is a good investment. Please check the relationship between Sinclair Broadcast Capex To Depreciation and its Capex To Revenue accounts. 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.

Capex To Depreciation vs Capex To Revenue

Capex To Depreciation vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinclair Broadcast Capex To Depreciation account and Capex To Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between Sinclair Broadcast's Capex To Depreciation and Capex To Revenue is 0.99. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Capex To Revenue in the same time period over historical financial statements of Sinclair Broadcast Group, assuming nothing else is changed. The correlation between historical values of Sinclair Broadcast's Capex To Depreciation and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Sinclair Broadcast Group are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Capex To Depreciation i.e., Sinclair Broadcast's Capex To Depreciation and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Most indicators from Sinclair Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is increasing as compared to previous years. The Sinclair Broadcast's current Discontinued Operations is estimated to increase to about 14 M, while Tax Provision is forecasted to increase to (340.1 M).

	2021	2022	2023	2024 (projected)
Interest Expense	618M	296M	305M	195.6M
Depreciation And Amortization	3.0B	737M	271M	390.3M

Interest Expense Depreciation And Amortization

Sinclair Broadcast fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.96	0.34	0.77	-0.08	0.87	0.95	-0.23	0.33	0.83	1.0	0.14	0.83	0.96	0.09	0.98	0.67	0.34	0.98	0.44	0.93	0.47	0.96	0.35	0.34	0.47
Short Long Term Debt Total	0.96		0.46	0.76	-0.34	0.84	1.0	-0.47	0.24	0.76	0.96	0.33	0.76	0.97	-0.05	1.0	0.76	0.2	1.0	0.45	0.91	0.45	0.95	0.3	0.3	0.35
Other Current Liab	0.34	0.46		0.75	-0.55	0.53	0.46	-0.54	0.13	0.44	0.31	0.8	0.44	0.46	-0.36	0.43	0.54	-0.14	0.44	0.83	0.43	0.1	0.21	0.47	0.47	0.43
Total Current Liabilities	0.77	0.76	0.75		-0.16	0.8	0.75	-0.24	0.52	0.75	0.76	0.47	0.75	0.79	-0.04	0.76	0.57	0.23	0.77	0.81	0.76	0.46	0.64	0.57	0.57	0.73
Total Stockholder Equity	-0.08	-0.34	-0.55	-0.16		-0.11	-0.39	0.94	0.31	0.1	-0.08	-0.78	0.1	-0.23	0.56	-0.29	-0.49	0.51	-0.28	-0.24	-0.1	-0.02	-0.14	0.06	0.06	0.29
Property Plant And Equipment Net	0.87	0.84	0.53	0.8	-0.11		0.82	-0.29	0.43	0.77	0.84	0.25	0.77	0.91	-0.02	0.85	0.6	0.38	0.86	0.66	0.87	0.54	0.73	0.48	0.47	0.56
Net Debt	0.95	1.0	0.46	0.75	-0.39	0.82		-0.51	0.21	0.71	0.95	0.35	0.71	0.96	-0.05	0.99	0.75	0.18	0.99	0.44	0.88	0.47	0.95	0.28	0.27	0.31
Retained Earnings	-0.23	-0.47	-0.54	-0.24	0.94	-0.29	-0.51		0.18	0.01	-0.22	-0.7	0.01	-0.39	0.33	-0.42	-0.51	0.2	-0.41	-0.22	-0.23	-0.2	-0.28	0.08	0.08	0.3
Accounts Payable	0.33	0.24	0.13	0.52	0.31	0.43	0.21	0.18		0.41	0.3	-0.11	0.41	0.39	0.28	0.24	0.03	0.48	0.26	0.37	0.41	0.71	0.2	0.37	0.38	0.66
Cash	0.83	0.76	0.44	0.75	0.1	0.77	0.71	0.01	0.41		0.78	0.13	1.0	0.81	0.02	0.77	0.67	0.29	0.78	0.55	0.93	0.18	0.7	0.48	0.48	0.64
Non Current Assets Total	1.0	0.96	0.31	0.76	-0.08	0.84	0.95	-0.22	0.3	0.78		0.13	0.78	0.95	0.11	0.97	0.63	0.34	0.97	0.41	0.89	0.49	0.97	0.31	0.31	0.45
Non Currrent Assets Other	0.14	0.33	0.8	0.47	-0.78	0.25	0.35	-0.7	-0.11	0.13	0.13		0.13	0.27	-0.59	0.29	0.44	-0.4	0.29	0.66	0.18	-0.09	0.09	0.24	0.24	0.03
Cash And Short Term Investments	0.83	0.76	0.44	0.75	0.1	0.77	0.71	0.01	0.41	1.0	0.78	0.13		0.81	0.02	0.77	0.67	0.29	0.78	0.55	0.93	0.18	0.7	0.48	0.48	0.64
Net Receivables	0.96	0.97	0.46	0.79	-0.23	0.91	0.96	-0.39	0.39	0.81	0.95	0.27	0.81		0.02	0.97	0.69	0.3	0.98	0.5	0.95	0.52	0.91	0.38	0.37	0.43
Common Stock Shares Outstanding	0.09	-0.05	-0.36	-0.04	0.56	-0.02	-0.05	0.33	0.28	0.02	0.11	-0.59	0.02	0.02		-0.02	-0.33	0.85	-0.03	-0.34	-0.03	0.34	0.12	-0.25	-0.25	0.02
Non Current Liabilities Total	0.98	1.0	0.43	0.76	-0.29	0.85	0.99	-0.42	0.24	0.77	0.97	0.29	0.77	0.97	-0.02		0.75	0.22	1.0	0.45	0.91	0.45	0.96	0.3	0.3	0.37
Other Current Assets	0.67	0.76	0.54	0.57	-0.49	0.6	0.75	-0.51	0.03	0.67	0.63	0.44	0.67	0.69	-0.33	0.75		-0.12	0.75	0.37	0.76	0.15	0.65	0.24	0.24	0.3
Other Stockholder Equity	0.34	0.2	-0.14	0.23	0.51	0.38	0.18	0.2	0.48	0.29	0.34	-0.4	0.29	0.3	0.85	0.22	-0.12		0.22	-0.02	0.29	0.45	0.28	0.0	0.0	0.18
Total Liab	0.98	1.0	0.44	0.77	-0.28	0.86	0.99	-0.41	0.26	0.78	0.97	0.29	0.78	0.98	-0.03	1.0	0.75	0.22		0.47	0.92	0.46	0.96	0.33	0.32	0.39
Property Plant And Equipment Gross	0.44	0.45	0.83	0.81	-0.24	0.66	0.44	-0.22	0.37	0.55	0.41	0.66	0.55	0.5	-0.34	0.45	0.37	-0.02	0.47		0.49	0.21	0.24	0.57	0.57	0.66
Total Current Assets	0.93	0.91	0.43	0.76	-0.1	0.87	0.88	-0.23	0.41	0.93	0.89	0.18	0.93	0.95	-0.03	0.91	0.76	0.29	0.92	0.49		0.38	0.85	0.44	0.44	0.51
Short Term Debt	0.47	0.45	0.1	0.46	-0.02	0.54	0.47	-0.2	0.71	0.18	0.49	-0.09	0.18	0.52	0.34	0.45	0.15	0.45	0.46	0.21	0.38		0.44	0.15	0.15	0.43
Intangible Assets	0.96	0.95	0.21	0.64	-0.14	0.73	0.95	-0.28	0.2	0.7	0.97	0.09	0.7	0.91	0.12	0.96	0.65	0.28	0.96	0.24	0.85	0.44		0.21	0.21	0.3
Common Stock Total Equity	0.35	0.3	0.47	0.57	0.06	0.48	0.28	0.08	0.37	0.48	0.31	0.24	0.48	0.38	-0.25	0.3	0.24	0.0	0.33	0.57	0.44	0.15	0.21		1.0	0.55
Common Stock	0.34	0.3	0.47	0.57	0.06	0.47	0.27	0.08	0.38	0.48	0.31	0.24	0.48	0.37	-0.25	0.3	0.24	0.0	0.32	0.57	0.44	0.15	0.21	1.0		0.55
Other Liab	0.47	0.35	0.43	0.73	0.29	0.56	0.31	0.3	0.66	0.64	0.45	0.03	0.64	0.43	0.02	0.37	0.3	0.18	0.39	0.66	0.51	0.43	0.3	0.55	0.55

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Sinclair Broadcast Account Relationship Matchups

Sinclair Broadcast fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.4B	13.4B	12.5B	6.7B	6.1B	4.9B
Short Long Term Debt Total	12.7B	12.8B	12.6B	4.4B	4.3B	3.6B
Other Current Liab	155M	818M	909M	399M	883M	927.2M
Total Current Liabilities	1.1B	1.0B	1.2B	608M	1.1B	1.2B
Total Stockholder Equity	1.5B	(1.3B)	(1.8B)	748M	285M	267.5M
Property Plant And Equipment Net	962M	995M	1.0B	854M	857M	490.4M
Net Debt	11.4B	11.5B	11.8B	3.6B	3.7B	3.3B
Retained Earnings	492M	(2.0B)	(2.5B)	122M	(234M)	(245.7M)
Accounts Payable	115M	90M	154M	125M	142M	149.1M
Cash	1.3B	1.3B	816M	884M	662M	695.1M
Non Current Assets Total	14.5B	10.2B	10.1B	5.0B	4.6B	4.0B
Non Currrent Assets Other	64M	185M	348M	136M	227M	238.4M
Cash And Short Term Investments	1.3B	1.3B	816M	884M	662M	695.1M
Net Receivables	1.3B	1.3B	1.4B	617M	624M	410.6M
Common Stock Shares Outstanding	93.2M	79.9M	75.1M	70.7M	65.1M	92.6M
Liabilities And Stockholders Equity	17.4B	13.4B	12.5B	6.7B	6.1B	4.9B
Non Current Liabilities Total	14.5B	13.5B	13.0B	5.4B	4.8B	4.0B
Other Current Assets	287M	668M	258M	182M	189M	141.5M
Other Stockholder Equity	1.0B	721M	691M	624M	517M	796.5M
Total Liab	15.7B	14.6B	14.2B	6.0B	5.9B	4.5B
Property Plant And Equipment Gross	962M	995M	1.9B	1.8B	1.8B	1.9B
Total Current Assets	2.9B	3.2B	2.5B	1.7B	1.5B	848.0M
Accumulated Other Comprehensive Income	(784K)	(2M)	(10M)	1M	1.2M	1.2M
Short Term Debt	109M	126M	139M	84M	78M	82.5M
Intangible Assets	8.1B	5.8B	5.2B	1.1B	929M	882.6M
Other Liab	880M	652M	372M	840M	966M	1.0B
Other Assets	128M	7.1B	641M	428M	492.2M	489.5M
Long Term Debt	39M	30M	21M	10M	4.1B	4.3B
Property Plant Equipment	765M	823M	1.0B	854M	982.1M	562.3M
Current Deferred Revenue	755M	535M	598M	56M	496M	520.8M
Good Will	2.1B	4.7B	2.1B	2.1B	2.1B	1.7B
Net Tangible Assets	(10.3B)	(9.0B)	(9.1B)	(2.2B)	(2.0B)	(2.1B)
Noncontrolling Interest In Consolidated Entity	192M	89M	64M	(67M)	(77.1M)	(73.2M)
Retained Earnings Total Equity	492M	(2.0B)	(2.5B)	122M	109.8M	115.3M
Long Term Debt Total	39M	12.5B	12.3B	4.2B	4.9B	5.1B

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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:

How To Invest In Sinclair

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Is Sinclair Stock a good investment?

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What is Sinclair Broadcast's Net Worth?

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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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

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

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.

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Sinclair Capex To Depreciation vs Capex To Revenue Analysis

Capex To Depreciation vs Capex To Revenue

Capex To Depreciation vs Capex To Revenue Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Capex To Revenue

Sinclair Broadcast fundamental ratios Correlations

Sinclair Broadcast Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sinclair Broadcast fundamental ratios Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total

Non Currrent Assets Other	- 0.78	Total Stockholder Equity
Non Currrent Assets Other	- 0.7	Retained Earnings
Common Stock Shares Outstanding	- 0.59	Non Currrent Assets Other
Total Stockholder Equity	- 0.55	Other Current Liab
Retained Earnings	- 0.54	Other Current Liab
Other Current Assets	- 0.51	Retained Earnings