Sinclair Net Tangible Assets from 2010 to 2024

SBGI Stock  USD 17.17  0.67  4.06%   
Sinclair Broadcast's Net Tangible Assets are decreasing with slightly volatile movements from year to year. Net Tangible Assets are predicted to flatten to about -2.1 B. Net Tangible Assets is the total assets of Sinclair Broadcast Group minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2011-06-30
Previous Quarter
-2.2 B
Current Value
-2.4 B
Quarterly Volatility
B
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Sinclair Broadcast Group over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Sinclair Broadcast's Net Tangible Assets 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.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Sinclair Net Tangible Assets Regression Statistics

Arithmetic Mean(3,734,238,467)
Coefficient Of Variation(81.73)
Mean Deviation2,279,237,947
Median(2,281,385,000)
Standard Deviation3,052,178,460
Sample Variance9315793.4T
Range9.3B
R-Value(0.37)
Mean Square Error8623236.8T
R-Squared0.14
Significance0.17
Slope(255,783,314)
Total Sum of Squares130421106.9T

Sinclair Net Tangible Assets History

2024-2.1 B
2023-2 B
2022-2.2 B
2021-9.1 B
2020-9 B
2019-10.3 B
2018-2.3 B

About Sinclair Broadcast Financial Statements

Investors use fundamental indicators, such as Sinclair Broadcast's Net Tangible Assets, 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
Net Tangible Assets-2 B-2.1 B

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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.