Sinclair Minority Interest from 2010 to 2024

SBGI Stock  USD 18.05  0.06  0.33%   
Sinclair Broadcast's Minority Interest is decreasing with stable movements from year to year. Minority Interest is estimated to finish at about -11.4 M this year. For the period between 2010 and 2024, Sinclair Broadcast, Minority Interest quarterly trend regression had mean deviation of  17,940,649 and range of 146 M. View All Fundamentals
 
Minority Interest  
First Reported
2000-03-31
Previous Quarter
-2 M
Current Value
-2 M
Quarterly Volatility
30.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sinclair Broadcast financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sinclair Broadcast's main balance sheet or income statement drivers, such as Depreciation And Amortization of 390.3 M, Interest Expense of 195.6 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0804 or PTB Ratio of 3.13. Sinclair financial statements analysis is a perfect complement when working with Sinclair Broadcast Valuation or Volatility modules.
  
Check out the analysis of Sinclair Broadcast Correlation against competitors.

Latest Sinclair Broadcast's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Sinclair Broadcast Group over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Sinclair Broadcast Group whose combined shares represent less than 50% of the total outstanding shares issued by Sinclair Broadcast have a minority interest in Sinclair Broadcast. It is Sinclair Broadcast's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sinclair Broadcast's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Pretty Stable
   Minority Interest   
       Timeline  

Sinclair Minority Interest Regression Statistics

Arithmetic Mean1,314,267
Geometric Mean5,826,837
Coefficient Of Variation2,440
Mean Deviation17,940,649
Median2,349,000
Standard Deviation32,067,615
Sample Variance1028.3T
Range146M
R-Value(0.11)
Mean Square Error1093.9T
R-Squared0.01
Significance0.69
Slope(792,571)
Total Sum of Squares14396.6T

Sinclair Minority Interest History

2024-11.4 M
2023-12 M
202249 M
2021-88 M
2020-15 M
201958 M
20184.8 M

About Sinclair Broadcast Financial Statements

Investors use fundamental indicators, such as Sinclair Broadcast's Minority Interest, to determine how well the company is positioned to perform in the future. Although Sinclair Broadcast's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Minority Interest-12 M-11.4 M

Currently Active Assets on Macroaxis

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 the analysis of Sinclair Broadcast Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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
(3.15)
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.