Entravision Good Will vs Long Term Investments Analysis
EVC Stock | USD 2.50 0.03 1.21% |
Entravision Communications financial indicator trend analysis is much more than just examining Entravision Communications latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entravision Communications is a good investment. Please check the relationship between Entravision Communications Good Will and its Long Term Investments accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.
Good Will vs Long Term Investments
Good Will vs Long Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entravision Communications Good Will account and Long Term Investments. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Entravision Communications' Good Will and Long Term Investments is 0.13. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Investments in the same time period over historical financial statements of Entravision Communications, assuming nothing else is changed. The correlation between historical values of Entravision Communications' Good Will and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Entravision Communications are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Good Will i.e., Entravision Communications' Good Will and Long Term Investments go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Long Term Investments
Long Term Investments is an item on the asset side of Entravision Communications balance sheet that represents investments Entravision Communications intends to hold for over a year. Entravision Communications long term investments may include different instruments such as stocks, bonds, real estate and cash.Most indicators from Entravision Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entravision Communications 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.At present, Entravision Communications' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 20.40, whereas Tax Provision is forecasted to decline to about 2.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 10.9M | 17.3M | 18.9M | Depreciation And Amortization | 22.9M | 26.2M | 28.0M | 24.1M |
Entravision Communications fundamental ratios Correlations
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Entravision Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entravision Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 656.2M | 744.6M | 851.3M | 880.8M | 865.9M | 703.5M | |
Total Stockholder Equity | 288.2M | 276.0M | 256.9M | 270.4M | 222.5M | 321.3M | |
Net Debt | 233.3M | 133.4M | 55.5M | 149.6M | 156.7M | 209.9M | |
Cash | 33.1M | 119.2M | 185.1M | 110.7M | 105.7M | 64.7M | |
Other Assets | 21K | 301.8M | (2K) | 10.9M | (24.5M) | (23.3M) | |
Cash And Short Term Investments | 124.8M | 147.2M | 185.1M | 155.2M | 118.9M | 77.8M | |
Common Stock Shares Outstanding | 85.1M | 84.2M | 87.9M | 87.8M | 87.9M | 78.1M | |
Liabilities And Stockholders Equity | 656.2M | 744.6M | 851.3M | 880.8M | 865.9M | 703.5M | |
Other Stockholder Equity | 836.2M | 828.8M | 780.4M | 776.3M | 743.2M | 1.0B | |
Total Liab | 368.0M | 468.7M | 594.4M | 595.5M | 599.7M | 523.0M | |
Total Current Assets | 209.4M | 307.6M | 408.5M | 407.9M | 385.9M | 405.1M | |
Short Long Term Debt Total | 266.5M | 252.5M | 240.6M | 260.3M | 262.5M | 267.2M | |
Other Current Liab | (2.4M) | 51.2M | 123.7M | 128.9M | 131.2M | 137.8M | |
Total Current Liabilities | 66.0M | 134.4M | 224.9M | 248.2M | 272.1M | 285.7M | |
Property Plant And Equipment Net | 123.5M | 105.5M | 88.1M | 105.8M | 115.4M | 81.5M | |
Retained Earnings | (547.9M) | (551.8M) | (522.5M) | (504.4M) | (519.8M) | (545.8M) | |
Non Current Assets Total | 446.8M | 437.1M | 442.9M | 472.9M | 504.6M | 583.2M | |
Non Currrent Assets Other | 7.5M | 7.6M | 8.5M | 8.3M | 46.6M | 48.9M | |
Net Receivables | 71.4M | 142.0M | 201.7M | 224.7M | 235.8M | 247.6M | |
Non Current Liabilities Total | 302.0M | 334.2M | 369.6M | 347.2M | 327.6M | 337.5M | |
Other Current Assets | 13.2M | 38.9M | 40.6M | 28.0M | 31.1M | 31.4M | |
Property Plant And Equipment Gross | 123.5M | 105.5M | 272.0M | 105.8M | 313.0M | 328.7M | |
Short Term Debt | 12.1M | 17.6M | 19.5M | 16.4M | 24.5M | 25.8M | |
Other Liab | 47.6M | 58.7M | 141.2M | 97.8M | 112.5M | 118.1M | |
Accounts Payable | 53.9M | 49.7M | 58.8M | 75.2M | 108.2M | 113.6M | |
Long Term Debt | 213.0M | 210.5M | 207.4M | 207.3M | 199.6M | 263.0M | |
Good Will | 46.5M | 57.8M | 71.7M | 87.0M | 90.7M | 178.0M | |
Accumulated Other Comprehensive Income | (131K) | (1.1M) | (977K) | (1.5M) | (915.0K) | (960.7K) | |
Intangible Assets | 269.3M | 266.1M | 273.1M | 269.3M | 247.0M | 459.1M | |
Property Plant Equipment | 79.6M | 105.5M | 88.1M | 105.8M | 95.2M | 82.1M | |
Short Term Investments | 91.7M | 28.0M | 74.3M | 44.5M | 13.2M | 12.5M | |
Net Tangible Assets | (27.7M) | (47.9M) | (90.5M) | (85.8M) | (98.7M) | (103.6M) | |
Retained Earnings Total Equity | (547.9M) | (551.8M) | (522.5M) | (504.4M) | (580.0M) | (609.0M) | |
Long Term Debt Total | 213.0M | 210.5M | 207.4M | 207.3M | 186.6M | 220.0M | |
Capital Surpluse | 836.2M | 828.8M | 780.4M | 776.3M | 698.7M | 695.9M | |
Deferred Long Term Liab | 44.3M | 55.0M | 68.2M | 67.6M | 77.7M | 81.6M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' 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 Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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 (0.73) | Dividend Share 0.2 | Earnings Share (0.11) | Revenue Per Share 12.822 | Quarterly Revenue Growth 0.255 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.