Saga Short Term Debt vs Good Will 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 Short Term Debt and its Good Will 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.

Short Term Debt vs Good Will

Short Term Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Saga Communications Short Term Debt account and Good Will. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Saga Communications' Short Term Debt and Good Will is -0.41. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Good Will 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' Short Term Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Saga Communications are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Short Term Debt i.e., Saga Communications' Short Term Debt and Good Will go up and down completely randomly.

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Short Term Debt

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.
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 Expense284K130K173K164.4K
Depreciation And Amortization5.7M5.2M5.1M5.9M

Saga Communications fundamental ratios Correlations

-0.460.440.710.930.81-0.670.940.70.780.97-0.610.790.68-0.03-0.130.640.420.110.460.91-0.110.88-0.8-0.80.67
-0.46-0.66-0.55-0.640.040.94-0.58-0.11-0.68-0.330.52-0.740.150.340.81-0.37-0.840.71-0.6-0.640.1-0.14-0.08-0.1-0.73
0.44-0.660.710.420.25-0.570.370.130.310.42-0.080.420.14-0.11-0.380.170.51-0.20.720.42-0.050.36-0.13-0.10.56
0.71-0.550.710.720.48-0.590.70.430.540.66-0.380.680.34-0.03-0.430.280.69-0.110.70.71-0.160.53-0.49-0.450.61
0.93-0.640.420.720.58-0.831.00.610.930.83-0.780.950.43-0.02-0.460.610.66-0.230.420.98-0.120.65-0.61-0.60.68
0.810.040.250.480.58-0.140.610.660.320.91-0.170.320.890.040.40.46-0.050.620.310.530.020.96-0.97-0.970.35
-0.670.94-0.57-0.59-0.83-0.14-0.79-0.29-0.88-0.520.71-0.91-0.020.250.75-0.48-0.80.62-0.51-0.840.16-0.310.120.11-0.76
0.94-0.580.370.71.00.61-0.790.650.920.84-0.790.930.470.0-0.410.620.61-0.180.360.98-0.10.67-0.64-0.630.64
0.7-0.110.130.430.610.66-0.290.650.470.69-0.40.460.820.230.130.810.070.320.10.630.10.66-0.7-0.710.41
0.78-0.680.310.540.930.32-0.880.920.470.63-0.860.980.2-0.05-0.580.540.65-0.430.270.96-0.180.43-0.35-0.350.62
0.97-0.330.420.660.830.91-0.520.840.690.63-0.460.640.78-0.040.060.590.270.30.470.79-0.080.96-0.88-0.880.6
-0.610.52-0.08-0.38-0.78-0.170.71-0.79-0.4-0.86-0.46-0.83-0.08-0.030.55-0.36-0.530.45-0.09-0.790.13-0.250.240.26-0.36
0.79-0.740.420.680.950.32-0.910.930.460.980.64-0.830.18-0.03-0.650.520.77-0.460.390.97-0.20.42-0.36-0.350.66
0.680.150.140.340.430.89-0.020.470.820.20.78-0.080.180.040.520.61-0.260.710.110.420.170.87-0.87-0.880.3
-0.030.34-0.11-0.03-0.020.040.250.00.23-0.05-0.04-0.03-0.030.040.140.09-0.070.18-0.16-0.03-0.09-0.08-0.1-0.09-0.33
-0.130.81-0.38-0.43-0.460.40.75-0.410.13-0.580.060.55-0.650.520.14-0.04-0.870.94-0.31-0.460.120.31-0.36-0.39-0.38
0.64-0.370.170.280.610.46-0.480.620.810.540.59-0.360.520.610.09-0.040.230.070.110.640.270.53-0.49-0.490.51
0.42-0.840.510.690.66-0.05-0.80.610.070.650.27-0.530.77-0.26-0.07-0.870.23-0.70.590.64-0.210.030.00.040.61
0.110.71-0.2-0.11-0.230.620.62-0.180.32-0.430.30.45-0.460.710.180.940.07-0.7-0.12-0.240.080.53-0.59-0.61-0.22
0.46-0.60.720.70.420.31-0.510.360.10.270.47-0.090.390.11-0.16-0.310.110.59-0.120.39-0.140.41-0.28-0.250.54
0.91-0.640.420.710.980.53-0.840.980.630.960.79-0.790.970.42-0.03-0.460.640.64-0.240.39-0.140.62-0.56-0.550.69
-0.110.1-0.05-0.16-0.120.020.16-0.10.1-0.18-0.080.13-0.20.17-0.090.120.27-0.210.08-0.14-0.14-0.02-0.09-0.1-0.36
0.88-0.140.360.530.650.96-0.310.670.660.430.96-0.250.420.87-0.080.310.530.030.530.410.62-0.02-0.9-0.910.5
-0.8-0.08-0.13-0.49-0.61-0.970.12-0.64-0.7-0.35-0.880.24-0.36-0.87-0.1-0.36-0.490.0-0.59-0.28-0.56-0.09-0.91.0-0.27
-0.8-0.1-0.1-0.45-0.6-0.970.11-0.63-0.71-0.35-0.880.26-0.35-0.88-0.09-0.39-0.490.04-0.61-0.25-0.55-0.1-0.911.0-0.26
0.67-0.730.560.610.680.35-0.760.640.410.620.6-0.360.660.3-0.33-0.380.510.61-0.220.540.69-0.360.5-0.27-0.26
Click cells to compare fundamentals

Saga Communications Account Relationship Matchups

Saga Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets252.4M246.5M247.9M240.8M232.2M221.3M
Short Long Term Debt Total11.7M10M6.4M6.8M7.3M7.0M
Other Current Liab14.2M5.3M9.7M20.1M25.2M26.5M
Total Current Liabilities17.5M13.9M19.2M29.4M28.0M17.5M
Total Stockholder Equity192.4M190.5M196.9M178.5M170.5M114.2M
Property Plant And Equipment Net58.7M54.9M53.3M53.2M58.4M58.3M
Net Debt(34.0M)(41.4M)(48.3M)(30.0M)(22.2M)(21.1M)
Retained Earnings162.8M159.0M164.2M143.9M134.8M79.0M
Accounts Payable3.3M3.0M3.2M3.6M2.8M2.4M
Cash44.0M51.4M54.8M36.8M29.6M19.7M
Non Current Assets Total185.7M175.5M173.5M172.9M171.6M176.9M
Non Currrent Assets Other(36.1M)(35.1M)(35.0M)(35.4M)3.3M3.5M
Cash And Short Term Investments44.0M51.4M54.8M46.9M40.2M20.5M
Net Receivables20.2M16.6M17.2M18.5M18.0M20.1M
Common Stock Shares Outstanding5.8M5.9M5.9M6.0M6.0M5.1M
Liabilities And Stockholders Equity252.4M246.5M247.9M240.8M232.2M221.3M
Non Current Liabilities Total42.5M42.0M31.8M32.8M33.6M65.2M
Other Current Assets2.5M3.0M2.4M2.5M2.5M2.3M
Other Stockholder Equity29.5M31.5M32.6M34.6M35.7M25.6M
Total Liab60.0M55.9M51.0M62.2M61.7M77.9M
Property Plant And Equipment Gross58.7M54.9M144.7M146.1M148.3M155.7M
Total Current Assets66.7M71.0M74.4M67.9M60.6M44.4M
Short Term Debt1.7M1.8M1.8M1.8M1.9M1.8M
Intangible Assets96.9M91.0M90.7M90.7M90.6M106.8M
Other Liab27.2M26.8M27.2M27.8M32.0M33.6M
Other Assets104K64K301.3K197.2K1.00.95
Good Will19.0M19.1M19.2M19.2M17.3M16.6M
Treasury Stock(36.6M)(37.4M)(37.4M)(37.4M)(33.7M)(35.4M)
Property Plant Equipment58.7M61.5M53.3M53.2M47.9M48.8M
Net Tangible Assets78.1M80.4M83.3M69.0M79.3M53.5M
Retained Earnings Total Equity162.8M159.0M164.2M143.9M165.5M126.9M
Capital Surpluse66.8M68.9M70.0M71.7M82.4M67.5M

Also Currently Popular

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.