SSP Historical Balance Sheet
SSP Stock | USD 2.09 0.12 6.09% |
Trend analysis of E W Scripps balance sheet accounts such as Total Stockholder Equity of 1.2 B, Property Plant And Equipment Net of 378 M, Net Debt of 3.2 B or Cash of 33.6 M provides information on E W's total assets, liabilities, and equity, which is the actual value of E W Scripps to its prevalent stockholders. By breaking down trends over time using E W balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining E W Scripps latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether E W Scripps is a good buy for the upcoming year.
E W Inventory |
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SSP |
About SSP Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of E W Scripps at a specified time, usually calculated after every quarter, six months, or one year. E W Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of E W and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which SSP currently owns. An asset can also be divided into two categories, current and non-current.
E W Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of E W assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in E W Scripps books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Retained Earnings Total Equity
The portion of total equity that consists of earnings retained by the company, reinvested in its core business or used to pay debt.Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.Most accounts from E W's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into E W Scripps current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 E W Scripps. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, E W's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/22/2024, Non Current Liabilities Total is likely to grow to about 4 B, though Retained Earnings are likely to grow to (591.1 M).
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.1B | 2.9B | 3.0B | 3.2B | Total Assets | 6.7B | 6.4B | 5.4B | 5.7B |
E W balance sheet Correlations
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E W Account Relationship Matchups
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E W balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 4.9B | 6.7B | 6.4B | 5.4B | 5.7B | |
Short Long Term Debt Total | 2.0B | 3.0B | 3.1B | 2.9B | 3.0B | 3.2B | |
Other Current Liab | 262.3M | 256.0M | 369.3M | 345.5M | 354.2M | 371.9M | |
Total Current Liabilities | 312.0M | 358.5M | 511.9M | 485.0M | 477.8M | 246.5M | |
Total Stockholder Equity | 897.9M | 1.2B | 2.0B | 2.1B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 498.6M | 395.4M | 581.8M | 576.5M | 554.4M | 378.0M | |
Net Debt | 2.0B | 2.4B | 3.1B | 2.9B | 3.0B | 3.2B | |
Retained Earnings | (121.0M) | 131.8M | 205.1M | 350.7M | (622.2M) | (591.1M) | |
Cash | 33.0M | 576.0M | 66.2M | 18.0M | 35.3M | 33.6M | |
Non Current Assets Total | 2.9B | 2.8B | 6.0B | 5.8B | 4.7B | 5.0B | |
Non Currrent Assets Other | 113.3M | 90.9M | 172.2M | 75.2M | 153.2M | 147.4M | |
Cash And Short Term Investments | 33.0M | 576.0M | 66.2M | 18.0M | 35.3M | 33.6M | |
Net Receivables | 417.5M | 441.4M | 573.3M | 600.1M | 610.5M | 641.1M | |
Common Stock Shares Outstanding | 80.8M | 81.8M | 88.0M | 87.3M | 84.3M | 66.4M | |
Liabilities And Stockholders Equity | 3.6B | 4.9B | 6.7B | 6.4B | 5.4B | 5.7B | |
Non Current Liabilities Total | 2.4B | 3.3B | 4.2B | 3.8B | 3.8B | 4.0B | |
Inventory | 101.3M | 1.1B | (539.0M) | (600.1M) | 1.0 | 1.05 | |
Other Current Assets | 92.2M | 1.1B | 62.8M | 25.8M | 30.2M | 28.7M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | |
Total Liab | 2.7B | 3.7B | 4.7B | 4.3B | 4.3B | 4.5B | |
Property Plant And Equipment Gross | 514.5M | 395.4M | 581.8M | 576.5M | 1.1B | 1.1B | |
Total Current Assets | 643.9M | 2.1B | 702.3M | 643.9M | 676.1M | 541.0M | |
Accumulated Other Comprehensive Income | (99.0M) | (100.1M) | (73.9M) | (77.5M) | (75.5M) | (79.3M) | |
Intangible Assets | 1.1B | 975.4M | 1.9B | 1.8B | 1.7B | 867.4M | |
Accounts Payable | 28.4M | 68.1M | 83.9M | 82.7M | 76.4M | 56.9M | |
Short Term Debt | 10.6M | 20.2M | 38.7M | 38.6M | 35.1M | 33.3M | |
Common Stock Total Equity | 810K | 817K | 826K | 836K | 752.4K | 691.5K | |
Common Stock | 810K | 817K | 826K | 836K | 848K | 691K | |
Current Deferred Revenue | 10.7M | 14.1M | 20M | 18.2M | 12.2M | 22.8M | |
Other Liab | 335.8M | 372.2M | 1.0B | 826.5M | 950.4M | 997.9M | |
Other Assets | 30.9M | 242.6M | 18.6M | 17.7M | 15.9M | 15.1M | |
Long Term Debt | 1.9B | 2.9B | 3.1B | 2.9B | 2.9B | 3.0B | |
Property Plant Equipment | 375.9M | 343.9M | 456.9M | 576.5M | 518.8M | 325.5M | |
Good Will | 1.2B | 1.2B | 2.9B | 2.9B | 2.0B | 1.2B | |
Retained Earnings Total Equity | (121.0M) | 131.8M | 205.1M | 350.7M | 403.3M | 423.5M | |
Deferred Long Term Liab | 19.8M | 85.8M | 356.8M | 370.5M | 426.0M | 447.3M |
Pair Trading with E W
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if E W position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in E W will appreciate offsetting losses from the drop in the long position's value.Moving together with SSP Stock
Moving against SSP Stock
The ability to find closely correlated positions to E W could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E W when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back E W - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling E W Scripps to buy it.
The correlation of E W is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as E W moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E W Scripps moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for E W can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SSP Stock Analysis
When running E W's price analysis, check to measure E W's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy E W is operating at the current time. Most of E W's value examination focuses on studying past and present price action to predict the probability of E W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E W's price. Additionally, you may evaluate how the addition of E W to your portfolios can decrease your overall portfolio volatility.