Sports Common Stock Shares Outstanding vs Net Debt Analysis

SEG Stock

0.22 0.00 0.00%

Sports Entertainment financial indicator trend analysis is much more than just breaking down Sports Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sports Entertainment is a good investment. Please check the relationship between Sports Entertainment Common Stock Shares Outstanding and its Net Debt accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sports Entertainment 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 board of governors.

Common Stock Shares Outstanding vs Net Debt

Common Stock Shares Outstanding vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sports Entertainment Common Stock Shares Outstanding account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Sports Entertainment's Common Stock Shares Outstanding and Net Debt is 0.91. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Net Debt in the same time period over historical financial statements of Sports Entertainment Group, assuming nothing else is changed. The correlation between historical values of Sports Entertainment's Common Stock Shares Outstanding and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Sports Entertainment Group are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Common Stock Shares Outstanding i.e., Sports Entertainment's Common Stock Shares Outstanding and Net Debt go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Sports Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sports Entertainment 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 Sports Entertainment 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 board of governors.

At this time, Sports Entertainment's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 638.8 K in 2024, despite the fact that Tax Provision is likely to grow to (708.8 K).

	2021	2022	2023	2024 (projected)
Interest Expense	1.7M	2.6M	2.8M	2.9M
Depreciation And Amortization	8.9M	9.4M	8.2M	8.7M

Interest Expense Depreciation And Amortization

Sports Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant And Equipment Net	Current Deferred Revenue	Non Currrent Assets Other	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Stockholder Equity
Total Assets		0.98	0.97	0.91	0.96	0.96	0.22	0.99	0.71	1.0	0.71	0.96	0.87	0.99	0.97	0.55	0.97	0.17	0.96	0.82	0.42	0.95	0.76	0.96	0.72	-0.27
Short Long Term Debt Total	0.98		0.93	0.93	0.89	0.99	0.22	0.99	0.66	0.99	0.66	0.92	0.87	0.99	0.92	0.62	0.98	0.15	0.98	0.83	0.36	0.89	0.7	0.95	0.69	-0.24
Other Current Liab	0.97	0.93		0.91	0.94	0.91	0.3	0.94	0.63	0.96	0.63	0.94	0.76	0.95	0.94	0.57	0.93	0.1	0.91	0.78	0.39	0.97	0.79	0.89	0.68	-0.18
Total Current Liabilities	0.91	0.93	0.91		0.82	0.94	0.22	0.9	0.49	0.92	0.49	0.87	0.76	0.93	0.85	0.83	0.93	0.13	0.89	0.83	0.25	0.87	0.75	0.79	0.64	-0.22
Total Stockholder Equity	0.96	0.89	0.94	0.82		0.85	0.2	0.93	0.77	0.94	0.77	0.95	0.86	0.91	0.98	0.42	0.88	0.22	0.89	0.7	0.4	0.95	0.75	0.9	0.72	-0.24
Net Debt	0.96	0.99	0.91	0.94	0.85		0.29	0.97	0.54	0.97	0.54	0.91	0.85	0.98	0.86	0.68	0.98	0.06	0.96	0.82	0.31	0.86	0.73	0.92	0.62	-0.16
Retained Earnings	0.22	0.22	0.3	0.22	0.2	0.29		0.25	-0.26	0.23	-0.26	0.33	0.24	0.22	0.16	0.16	0.23	-0.9	0.18	0.08	0.05	0.21	0.54	0.2	-0.06	0.66
Accounts Payable	0.99	0.99	0.94	0.9	0.93	0.97	0.25		0.71	0.99	0.71	0.94	0.9	0.99	0.95	0.55	0.98	0.14	0.96	0.81	0.37	0.92	0.74	0.96	0.69	-0.24
Cash	0.71	0.66	0.63	0.49	0.77	0.54	-0.26	0.71		0.68	1.0	0.6	0.65	0.67	0.81	0.05	0.63	0.55	0.66	0.57	0.45	0.71	0.31	0.75	0.75	-0.55
Non Current Assets Total	1.0	0.99	0.96	0.92	0.94	0.97	0.23	0.99	0.68		0.68	0.96	0.86	1.0	0.95	0.58	0.97	0.15	0.97	0.83	0.41	0.93	0.75	0.96	0.7	-0.25
Cash And Short Term Investments	0.71	0.66	0.63	0.49	0.77	0.54	-0.26	0.71	1.0	0.68		0.6	0.65	0.67	0.81	0.05	0.63	0.55	0.66	0.57	0.45	0.71	0.31	0.75	0.75	-0.55
Common Stock Shares Outstanding	0.96	0.92	0.94	0.87	0.95	0.91	0.33	0.94	0.6	0.96	0.6		0.85	0.95	0.93	0.5	0.9	0.06	0.9	0.76	0.45	0.91	0.85	0.91	0.65	-0.18
Other Current Assets	0.87	0.87	0.76	0.76	0.86	0.85	0.24	0.9	0.65	0.86	0.65	0.85		0.85	0.85	0.47	0.83	0.14	0.88	0.56	0.12	0.76	0.67	0.83	0.53	-0.1
Total Liab	0.99	0.99	0.95	0.93	0.91	0.98	0.22	0.99	0.67	1.0	0.67	0.95	0.85		0.93	0.6	0.98	0.15	0.96	0.86	0.41	0.92	0.74	0.96	0.71	-0.28
Total Current Assets	0.97	0.92	0.94	0.85	0.98	0.86	0.16	0.95	0.81	0.95	0.81	0.93	0.85	0.93		0.45	0.91	0.24	0.88	0.78	0.43	0.97	0.76	0.91	0.79	-0.34
Short Term Debt	0.55	0.62	0.57	0.83	0.42	0.68	0.16	0.55	0.05	0.58	0.05	0.5	0.47	0.6	0.45		0.65	0.05	0.57	0.56	-0.13	0.5	0.48	0.36	0.34	-0.03
Intangible Assets	0.97	0.98	0.93	0.93	0.88	0.98	0.23	0.98	0.63	0.97	0.63	0.9	0.83	0.98	0.91	0.65		0.14	0.94	0.85	0.31	0.91	0.73	0.93	0.68	-0.3
Common Stock	0.17	0.15	0.1	0.13	0.22	0.06	-0.9	0.14	0.55	0.15	0.55	0.06	0.14	0.15	0.24	0.05	0.14		0.2	0.17	0.03	0.18	-0.2	0.15	0.33	-0.73
Property Plant And Equipment Net	0.96	0.98	0.91	0.89	0.89	0.96	0.18	0.96	0.66	0.97	0.66	0.9	0.88	0.96	0.88	0.57	0.94	0.2		0.72	0.27	0.85	0.64	0.93	0.6	-0.16
Current Deferred Revenue	0.82	0.83	0.78	0.83	0.7	0.82	0.08	0.81	0.57	0.83	0.57	0.76	0.56	0.86	0.78	0.56	0.85	0.17	0.72		0.62	0.8	0.62	0.8	0.73	-0.55
Non Currrent Assets Other	0.42	0.36	0.39	0.25	0.4	0.31	0.05	0.37	0.45	0.41	0.45	0.45	0.12	0.41	0.43	-0.13	0.31	0.03	0.27	0.62		0.4	0.27	0.51	0.53	-0.37
Net Receivables	0.95	0.89	0.97	0.87	0.95	0.86	0.21	0.92	0.71	0.93	0.71	0.91	0.76	0.92	0.97	0.5	0.91	0.18	0.85	0.8	0.4		0.81	0.87	0.77	-0.33
Good Will	0.76	0.7	0.79	0.75	0.75	0.73	0.54	0.74	0.31	0.75	0.31	0.85	0.67	0.74	0.76	0.48	0.73	-0.2	0.64	0.62	0.27	0.81		0.66	0.51	-0.04
Non Current Liabilities Total	0.96	0.95	0.89	0.79	0.9	0.92	0.2	0.96	0.75	0.96	0.75	0.91	0.83	0.96	0.91	0.36	0.93	0.15	0.93	0.8	0.51	0.87	0.66		0.69	-0.3
Inventory	0.72	0.69	0.68	0.64	0.72	0.62	-0.06	0.69	0.75	0.7	0.75	0.65	0.53	0.71	0.79	0.34	0.68	0.33	0.6	0.73	0.53	0.77	0.51	0.69		-0.53
Other Stockholder Equity	-0.27	-0.24	-0.18	-0.22	-0.24	-0.16	0.66	-0.24	-0.55	-0.25	-0.55	-0.18	-0.1	-0.28	-0.34	-0.03	-0.3	-0.73	-0.16	-0.55	-0.37	-0.33	-0.04	-0.3	-0.53

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Sports Entertainment Account Relationship Matchups

Sports Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	90.6M	121.5M	148.9M	148.8M	147.2M	154.5M
Short Long Term Debt Total	28.4M	37.2M	48.4M	51.3M	43.5M	45.7M
Other Current Liab	4.7M	13.1M	12.9M	12.9M	12.7M	13.4M
Total Current Liabilities	19.6M	39.6M	30.3M	62.3M	35.7M	37.5M
Total Stockholder Equity	42.2M	48.7M	58.9M	49.0M	55.7M	58.5M
Net Debt	20.7M	31.9M	35.8M	45.4M	32.8M	34.4M
Retained Earnings	(16.8M)	(13.9M)	(9.5M)	(18.8M)	(15.6M)	(16.4M)
Accounts Payable	7.1M	7.4M	11.4M	10.9M	10.1M	10.6M
Cash	7.7M	5.3M	12.6M	5.9M	10.7M	11.3M
Non Current Assets Total	68.3M	98.0M	111.5M	116.2M	111.7M	117.3M
Cash And Short Term Investments	7.7M	5.3M	12.6M	5.9M	10.7M	11.3M
Common Stock Shares Outstanding	205.9M	236.4M	240.9M	261.1M	277.8M	291.7M
Liabilities And Stockholders Equity	90.6M	121.5M	148.9M	148.8M	147.2M	154.5M
Other Current Assets	7.8M	3.7M	7.6M	6.4M	4.5M	4.7M
Total Liab	48.4M	72.8M	90.0M	99.8M	90.9M	95.5M
Total Current Assets	22.4M	23.5M	37.4M	32.7M	35.4M	37.2M
Short Term Debt	6.8M	17.7M	3.3M	31.9M	6.4M	5.8M
Intangible Assets	32.3M	48.3M	68.8M	78.5M	59.4M	62.4M
Common Stock	57.2M	61.5M	68.0M	67.9M	70.0M	49.6M
Property Plant And Equipment Net	23.1M	34.8M	39.5M	33.6M	28.7M	30.1M
Current Deferred Revenue	416K	1.5M	2.3M	6.6M	6.1M	6.4M
Non Currrent Assets Other	1.2M	94K	500K	(16.5M)	76.2M	80.0M
Net Receivables	7.0M	14.4M	20.7M	20.1M	19.7M	20.7M
Good Will	10.8M	11.2M	13.7M	16.9M	16.8M	12.4M
Non Current Liabilities Total	28.8M	33.2M	59.7M	37.5M	55.3M	58.0M
Other Stockholder Equity	850K	1.1M	355K	(177K)	(203.6K)	(193.4K)
Accumulated Other Comprehensive Income	992K	1.1M	355K	(177K)	1.3M	679.9K
Short Long Term Debt	5.9M	15.9M	328K	28.7M	33.0M	34.6M
Other Assets	1.2M	2.6M	3.1M	3.9M	4.5M	4.7M
Long Term Debt	8.9M	624K	23.9M	133K	153.0K	145.3K
Long Term Debt Total	21.5M	19.5M	45.1M	19.3M	22.2M	16.4M
Property Plant Equipment	23.1M	34.8M	39.5M	33.6M	38.6M	19.8M
Other Liab	8.0M	13.7M	14.6M	18.2M	20.9M	10.5M
Net Tangible Assets	(1.5M)	(10.9M)	(9.9M)	(29.5M)	(26.5M)	(25.2M)
Net Invested Capital	57.0M	65.2M	83.1M	77.8M	89.5M	62.7M
Long Term Investments	951K	1.1M	78K	132K	118.8K	112.9K
Cash And Equivalents	7.7M	5.3M	12.6M	5.9M	6.8M	7.2M
Net Working Capital	2.8M	(16.2M)	7.0M	(30.4M)	(27.3M)	(26.0M)
Capital Stock	57.2M	61.5M	68.0M	67.9M	78.1M	68.1M

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