Sinclair Return On Assets from 2010 to 2024

SBGI Stock  USD 17.18  0.01  0.06%   
Sinclair Broadcast's Return On Assets are increasing with very volatile movements from year to year. Return On Assets are estimated to finish at -0.05 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Sinclair Broadcast Group earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
(0.05)
Current Value
(0.05)
Quarterly Volatility
0.11953892
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Sinclair Broadcast Group over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Sinclair Broadcast's Return On 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.
Return On Assets10 Years Trend
Very volatile
   Return On Assets   
       Timeline  

Sinclair Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation390.22
Mean Deviation0.07
Median0.03
Standard Deviation0.12
Sample Variance0.01
Range0.5771
R-Value0.0005
Mean Square Error0.02
R-Squared0.00000028
Significance1.00
Slope0.000014
Total Sum of Squares0.20

Sinclair Return On Assets History

2024 -0.0454
2023 -0.0478
2022 0.4
2021 -0.026
2020 -0.18
2019 0.006045
2018 0.0519

About Sinclair Broadcast Financial Statements

Investors use fundamental indicators, such as Sinclair Broadcast's Return On 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
Return On Assets(0.05)(0.05)

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.
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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.