Sinclair Ebit vs Cost Of Revenue Analysis
SBGI Stock | USD 18.32 0.27 1.50% |
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 Ebit and its Cost Of 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.
Ebit vs Cost Of Revenue
Ebit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinclair Broadcast Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Sinclair Broadcast's Ebit and Cost Of Revenue is -0.12. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of 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 Ebit and Cost Of 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 Ebit of Sinclair Broadcast Group are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., Sinclair Broadcast's Ebit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Ebit
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.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 |
Sinclair Broadcast fundamental ratios Correlations
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Sinclair Broadcast Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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: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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.