Sinclair Total Liab vs Total Stockholder Equity Analysis

SBGI Stock  USD 17.17  0.67  4.06%   
Sinclair Broadcast financial indicator trend analysis is much more than just breaking down Sinclair Broadcast prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sinclair Broadcast is a good investment. Please check the relationship between Sinclair Broadcast Total Liab and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast 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 price.

Total Liab vs Total Stockholder Equity

Total Liab vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sinclair Broadcast Total Liab account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Sinclair Broadcast's Total Liab and Total Stockholder Equity is -0.28. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Sinclair Broadcast Group, assuming nothing else is changed. The correlation between historical values of Sinclair Broadcast's Total Liab and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Sinclair Broadcast Group are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Liab i.e., Sinclair Broadcast's Total Liab and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Sinclair Broadcast's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sinclair Broadcast 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 Sinclair Broadcast 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 price.
As of now, Sinclair Broadcast's Selling General Administrative is increasing as compared to previous years. The Sinclair Broadcast's current Discontinued Operations is estimated to increase to about 14 M, while Tax Provision is forecasted to increase to (340.1 M).
 2021 2022 2023 2024 (projected)
Interest Expense618M296M305M195.6M
Depreciation And Amortization3.0B737M271M390.3M

Sinclair Broadcast fundamental ratios Correlations

0.960.340.77-0.080.870.95-0.230.330.831.00.140.830.960.090.980.670.340.980.440.930.470.960.350.340.47
0.960.460.76-0.340.841.0-0.470.240.760.960.330.760.97-0.051.00.760.21.00.450.910.450.950.30.30.35
0.340.460.75-0.550.530.46-0.540.130.440.310.80.440.46-0.360.430.54-0.140.440.830.430.10.210.470.470.43
0.770.760.75-0.160.80.75-0.240.520.750.760.470.750.79-0.040.760.570.230.770.810.760.460.640.570.570.73
-0.08-0.34-0.55-0.16-0.11-0.390.940.310.1-0.08-0.780.1-0.230.56-0.29-0.490.51-0.28-0.24-0.1-0.02-0.140.060.060.29
0.870.840.530.8-0.110.82-0.290.430.770.840.250.770.91-0.020.850.60.380.860.660.870.540.730.480.470.56
0.951.00.460.75-0.390.82-0.510.210.710.950.350.710.96-0.050.990.750.180.990.440.880.470.950.280.270.31
-0.23-0.47-0.54-0.240.94-0.29-0.510.180.01-0.22-0.70.01-0.390.33-0.42-0.510.2-0.41-0.22-0.23-0.2-0.280.080.080.3
0.330.240.130.520.310.430.210.180.410.3-0.110.410.390.280.240.030.480.260.370.410.710.20.370.380.66
0.830.760.440.750.10.770.710.010.410.780.131.00.810.020.770.670.290.780.550.930.180.70.480.480.64
1.00.960.310.76-0.080.840.95-0.220.30.780.130.780.950.110.970.630.340.970.410.890.490.970.310.310.45
0.140.330.80.47-0.780.250.35-0.7-0.110.130.130.130.27-0.590.290.44-0.40.290.660.18-0.090.090.240.240.03
0.830.760.440.750.10.770.710.010.411.00.780.130.810.020.770.670.290.780.550.930.180.70.480.480.64
0.960.970.460.79-0.230.910.96-0.390.390.810.950.270.810.020.970.690.30.980.50.950.520.910.380.370.43
0.09-0.05-0.36-0.040.56-0.02-0.050.330.280.020.11-0.590.020.02-0.02-0.330.85-0.03-0.34-0.030.340.12-0.25-0.250.02
0.981.00.430.76-0.290.850.99-0.420.240.770.970.290.770.97-0.020.750.221.00.450.910.450.960.30.30.37
0.670.760.540.57-0.490.60.75-0.510.030.670.630.440.670.69-0.330.75-0.120.750.370.760.150.650.240.240.3
0.340.2-0.140.230.510.380.180.20.480.290.34-0.40.290.30.850.22-0.120.22-0.020.290.450.280.00.00.18
0.981.00.440.77-0.280.860.99-0.410.260.780.970.290.780.98-0.031.00.750.220.470.920.460.960.330.320.39
0.440.450.830.81-0.240.660.44-0.220.370.550.410.660.550.5-0.340.450.37-0.020.470.490.210.240.570.570.66
0.930.910.430.76-0.10.870.88-0.230.410.930.890.180.930.95-0.030.910.760.290.920.490.380.850.440.440.51
0.470.450.10.46-0.020.540.47-0.20.710.180.49-0.090.180.520.340.450.150.450.460.210.380.440.150.150.43
0.960.950.210.64-0.140.730.95-0.280.20.70.970.090.70.910.120.960.650.280.960.240.850.440.210.210.3
0.350.30.470.570.060.480.280.080.370.480.310.240.480.38-0.250.30.240.00.330.570.440.150.211.00.55
0.340.30.470.570.060.470.270.080.380.480.310.240.480.37-0.250.30.240.00.320.570.440.150.211.00.55
0.470.350.430.730.290.560.310.30.660.640.450.030.640.430.020.370.30.180.390.660.510.430.30.550.55
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Sinclair Broadcast Account Relationship Matchups

Sinclair Broadcast fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4B13.4B12.5B6.7B6.1B4.9B
Short Long Term Debt Total12.7B12.8B12.6B4.4B4.3B3.6B
Other Current Liab155M818M909M399M883M927.2M
Total Current Liabilities1.1B1.0B1.2B608M1.1B1.2B
Total Stockholder Equity1.5B(1.3B)(1.8B)748M285M267.5M
Property Plant And Equipment Net962M995M1.0B854M857M490.4M
Net Debt11.4B11.5B11.8B3.6B3.7B3.3B
Retained Earnings492M(2.0B)(2.5B)122M(234M)(245.7M)
Accounts Payable115M90M154M125M142M149.1M
Cash1.3B1.3B816M884M662M695.1M
Non Current Assets Total14.5B10.2B10.1B5.0B4.6B4.0B
Non Currrent Assets Other64M185M348M136M227M238.4M
Cash And Short Term Investments1.3B1.3B816M884M662M695.1M
Net Receivables1.3B1.3B1.4B617M624M410.6M
Common Stock Shares Outstanding93.2M79.9M75.1M70.7M65.1M92.6M
Liabilities And Stockholders Equity17.4B13.4B12.5B6.7B6.1B4.9B
Non Current Liabilities Total14.5B13.5B13.0B5.4B4.8B4.0B
Other Current Assets287M668M258M182M189M141.5M
Other Stockholder Equity1.0B721M691M624M517M796.5M
Total Liab15.7B14.6B14.2B6.0B5.9B4.5B
Property Plant And Equipment Gross962M995M1.9B1.8B1.8B1.9B
Total Current Assets2.9B3.2B2.5B1.7B1.5B848.0M
Accumulated Other Comprehensive Income(784K)(2M)(10M)1M1.2M1.2M
Short Term Debt109M126M139M84M78M82.5M
Intangible Assets8.1B5.8B5.2B1.1B929M882.6M
Other Liab880M652M372M840M966M1.0B
Other Assets128M7.1B641M428M492.2M489.5M
Long Term Debt39M30M21M10M4.1B4.3B
Property Plant Equipment765M823M1.0B854M982.1M562.3M
Current Deferred Revenue755M535M598M56M496M520.8M
Good Will2.1B4.7B2.1B2.1B2.1B1.7B
Net Tangible Assets(10.3B)(9.0B)(9.1B)(2.2B)(2.0B)(2.1B)
Noncontrolling Interest In Consolidated Entity192M89M64M(67M)(77.1M)(73.2M)
Retained Earnings Total Equity492M(2.0B)(2.5B)122M109.8M115.3M
Long Term Debt Total39M12.5B12.3B4.2B4.9B5.1B

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast 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 price.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.