Saga Net Receivables vs Treasury Stock Analysis
SGA Stock | USD 12.23 0.18 1.49% |
Saga Communications financial indicator trend analysis is much more than just breaking down Saga Communications prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Saga Communications is a good investment. Please check the relationship between Saga Communications Net Receivables and its Treasury Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saga 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 price. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.
Net Receivables vs Treasury Stock
Net Receivables vs Treasury Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saga Communications Net Receivables account and Treasury Stock. At this time, the significance of the direction appears to have pay attention.
The correlation between Saga Communications' Net Receivables and Treasury Stock is -0.73. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Saga Communications, assuming nothing else is changed. The correlation between historical values of Saga Communications' Net Receivables and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Saga Communications are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Net Receivables i.e., Saga Communications' Net Receivables and Treasury Stock go up and down completely randomly.
Correlation Coefficient | -0.73 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Net Receivables
Treasury Stock
Most indicators from Saga Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Saga 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Saga 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 price. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.At present, Saga Communications' Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 10.63, whereas Tax Provision is forecasted to decline to about 3.4 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 284K | 130K | 173K | 164.4K | Depreciation And Amortization | 5.7M | 5.2M | 5.1M | 5.9M |
Saga Communications fundamental ratios Correlations
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Saga Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Saga Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 252.4M | 246.5M | 247.9M | 240.8M | 232.2M | 221.3M | |
Short Long Term Debt Total | 11.7M | 10M | 6.4M | 6.8M | 7.3M | 7.0M | |
Other Current Liab | 14.2M | 5.3M | 9.7M | 20.1M | 25.2M | 26.5M | |
Total Current Liabilities | 17.5M | 13.9M | 19.2M | 29.4M | 28.0M | 17.5M | |
Total Stockholder Equity | 192.4M | 190.5M | 196.9M | 178.5M | 170.5M | 114.2M | |
Property Plant And Equipment Net | 58.7M | 54.9M | 53.3M | 53.2M | 58.4M | 58.3M | |
Net Debt | (34.0M) | (41.4M) | (48.3M) | (30.0M) | (22.2M) | (21.1M) | |
Retained Earnings | 162.8M | 159.0M | 164.2M | 143.9M | 134.8M | 79.0M | |
Accounts Payable | 3.3M | 3.0M | 3.2M | 3.6M | 2.8M | 2.4M | |
Cash | 44.0M | 51.4M | 54.8M | 36.8M | 29.6M | 19.7M | |
Non Current Assets Total | 185.7M | 175.5M | 173.5M | 172.9M | 171.6M | 176.9M | |
Non Currrent Assets Other | (36.1M) | (35.1M) | (35.0M) | (35.4M) | 3.3M | 3.5M | |
Cash And Short Term Investments | 44.0M | 51.4M | 54.8M | 46.9M | 40.2M | 20.5M | |
Net Receivables | 20.2M | 16.6M | 17.2M | 18.5M | 18.0M | 20.1M | |
Common Stock Shares Outstanding | 5.8M | 5.9M | 5.9M | 6.0M | 6.0M | 5.1M | |
Liabilities And Stockholders Equity | 252.4M | 246.5M | 247.9M | 240.8M | 232.2M | 221.3M | |
Non Current Liabilities Total | 42.5M | 42.0M | 31.8M | 32.8M | 33.6M | 65.2M | |
Other Current Assets | 2.5M | 3.0M | 2.4M | 2.5M | 2.5M | 2.3M | |
Other Stockholder Equity | 29.5M | 31.5M | 32.6M | 34.6M | 35.7M | 25.6M | |
Total Liab | 60.0M | 55.9M | 51.0M | 62.2M | 61.7M | 77.9M | |
Property Plant And Equipment Gross | 58.7M | 54.9M | 144.7M | 146.1M | 148.3M | 155.7M | |
Total Current Assets | 66.7M | 71.0M | 74.4M | 67.9M | 60.6M | 44.4M | |
Short Term Debt | 1.7M | 1.8M | 1.8M | 1.8M | 1.9M | 1.8M | |
Intangible Assets | 96.9M | 91.0M | 90.7M | 90.7M | 90.6M | 106.8M | |
Other Liab | 27.2M | 26.8M | 27.2M | 27.8M | 32.0M | 33.6M | |
Other Assets | 104K | 64K | 301.3K | 197.2K | 1.0 | 0.95 | |
Good Will | 19.0M | 19.1M | 19.2M | 19.2M | 17.3M | 16.6M | |
Treasury Stock | (36.6M) | (37.4M) | (37.4M) | (37.4M) | (33.7M) | (35.4M) | |
Property Plant Equipment | 58.7M | 61.5M | 53.3M | 53.2M | 47.9M | 48.8M | |
Net Tangible Assets | 78.1M | 80.4M | 83.3M | 69.0M | 79.3M | 53.5M | |
Retained Earnings Total Equity | 162.8M | 159.0M | 164.2M | 143.9M | 165.5M | 126.9M | |
Capital Surpluse | 66.8M | 68.9M | 70.0M | 71.7M | 82.4M | 67.5M |
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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 Saga Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Saga 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 Saga Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Saga Communications Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saga 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 price. For information on how to trade Saga Stock refer to our How to Trade Saga Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Saga Communications. If investors know Saga 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 Saga 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 (0.55) | Dividend Share 1.6 | Earnings Share 0.75 | Revenue Per Share 18.219 | Quarterly Revenue Growth (0.04) |
The market value of Saga Communications is measured differently than its book value, which is the value of Saga that is recorded on the company's balance sheet. Investors also form their own opinion of Saga Communications' value that differs from its market value or its book value, called intrinsic value, which is Saga 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 Saga Communications' market value can be influenced by many factors that don't directly affect Saga 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 Saga Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Saga Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saga 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.