SSP Total Stockholder Equity vs Retained Earnings Analysis

SSP Stock

USD 2.09 0.12 6.09%

E W financial indicator trend analysis is much more than just examining E W Scripps latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E W Scripps is a good investment. Please check the relationship between E W Total Stockholder Equity and its Retained Earnings accounts. 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.

Total Stockholder Equity vs Retained Earnings

Total Stockholder Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Total Stockholder Equity account and Retained Earnings. At this time, the significance of the direction appears to have no relationship.

The correlation between E W's Total Stockholder Equity and Retained Earnings is 0.01. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of E W Scripps, assuming nothing else is changed. The correlation between historical values of E W's Total Stockholder Equity and Retained Earnings 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 Stockholder Equity of E W Scripps are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Stockholder Equity i.e., E W's Total Stockholder Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Most indicators from E W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Discontinued Operations is likely to grow to about 9.2 M, though Enterprise Value Over EBITDA is likely to grow to (5.85).

	2021	2022	2023	2024 (projected)
Interest Expense	165.2M	161.1M	213.5M	224.2M
Depreciation And Amortization	161.9M	160.4M	155.1M	162.9M

Interest Expense Depreciation And Amortization

E W fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Accounts Payable	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		0.98	0.95	0.92	0.89	0.67	0.98	-0.22	-0.16	0.98	0.82	-0.16	0.97	0.64	0.99	-0.11	-0.04	0.81	0.99	0.68	0.49	0.92	0.75	0.58	0.52	0.57
Short Long Term Debt Total	0.98		0.95	0.89	0.78	0.67	0.99	-0.29	-0.07	0.93	0.84	-0.07	0.97	0.56	1.0	0.08	0.04	0.75	0.99	0.74	0.58	0.88	0.75	0.59	0.47	0.53
Other Current Liab	0.95	0.95		0.9	0.75	0.7	0.97	-0.26	-0.27	0.94	0.9	-0.27	0.95	0.49	0.96	-0.09	-0.14	0.7	0.96	0.76	0.4	0.89	0.8	0.69	0.48	0.53
Total Current Liabilities	0.92	0.89	0.9		0.83	0.79	0.9	-0.04	-0.15	0.9	0.79	-0.15	0.87	0.62	0.9	-0.13	-0.05	0.65	0.91	0.56	0.48	0.97	0.79	0.61	0.5	0.57
Total Stockholder Equity	0.89	0.78	0.75	0.83		0.52	0.79	0.01	-0.21	0.9	0.62	-0.21	0.82	0.75	0.82	-0.39	-0.08	0.81	0.82	0.36	0.34	0.85	0.62	0.42	0.61	0.61
Property Plant And Equipment Net	0.67	0.67	0.7	0.79	0.52		0.69	0.17	-0.28	0.69	0.47	-0.28	0.61	0.13	0.68	-0.13	-0.33	0.21	0.68	0.6	0.18	0.8	0.74	0.75	0.09	0.16
Net Debt	0.98	0.99	0.97	0.9	0.79	0.69		-0.31	-0.18	0.96	0.86	-0.18	0.98	0.56	1.0	-0.01	-0.05	0.77	1.0	0.77	0.49	0.9	0.75	0.61	0.48	0.54
Retained Earnings	-0.22	-0.29	-0.26	-0.04	0.01	0.17	-0.31		0.25	-0.24	-0.43	0.25	-0.39	-0.26	-0.27	-0.07	0.16	-0.53	-0.27	-0.59	0.04	-0.08	0.11	0.13	-0.1	-0.21
Cash	-0.16	-0.07	-0.27	-0.15	-0.21	-0.28	-0.18	0.25		-0.34	-0.24	1.0	-0.24	-0.08	-0.13	0.8	0.91	-0.23	-0.14	-0.37	0.74	-0.3	-0.14	-0.29	-0.13	-0.16
Non Current Assets Total	0.98	0.93	0.94	0.9	0.9	0.69	0.96	-0.24	-0.34		0.81	-0.34	0.96	0.61	0.96	-0.28	-0.22	0.81	0.96	0.71	0.31	0.93	0.74	0.61	0.5	0.55
Non Currrent Assets Other	0.82	0.84	0.9	0.79	0.62	0.47	0.86	-0.43	-0.24	0.81		-0.24	0.86	0.56	0.84	-0.07	-0.07	0.71	0.85	0.66	0.37	0.75	0.56	0.45	0.46	0.53
Cash And Short Term Investments	-0.16	-0.07	-0.27	-0.15	-0.21	-0.28	-0.18	0.25	1.0	-0.34	-0.24		-0.24	-0.08	-0.13	0.8	0.91	-0.23	-0.14	-0.37	0.74	-0.3	-0.14	-0.29	-0.13	-0.16
Net Receivables	0.97	0.97	0.95	0.87	0.82	0.61	0.98	-0.39	-0.24	0.96	0.86	-0.24		0.62	0.98	-0.1	-0.09	0.84	0.98	0.77	0.42	0.87	0.66	0.52	0.47	0.53
Common Stock Shares Outstanding	0.64	0.56	0.49	0.62	0.75	0.13	0.56	-0.26	-0.08	0.61	0.56	-0.08	0.62		0.58	-0.2	0.17	0.87	0.58	0.08	0.4	0.64	0.28	-0.02	0.83	0.86
Non Current Liabilities Total	0.99	1.0	0.96	0.9	0.82	0.68	1.0	-0.27	-0.13	0.96	0.84	-0.13	0.98	0.58		-0.02	-0.02	0.78	1.0	0.74	0.52	0.9	0.76	0.6	0.48	0.54
Inventory	-0.11	0.08	-0.09	-0.13	-0.39	-0.13	-0.01	-0.07	0.8	-0.28	-0.07	0.8	-0.1	-0.2	-0.02		0.77	-0.23	-0.02	-0.01	0.71	-0.24	-0.05	-0.12	-0.14	-0.13
Other Current Assets	-0.04	0.04	-0.14	-0.05	-0.08	-0.33	-0.05	0.16	0.91	-0.22	-0.07	0.91	-0.09	0.17	-0.02	0.77		-0.02	-0.03	-0.38	0.82	-0.18	-0.06	-0.28	0.18	0.13
Other Stockholder Equity	0.81	0.75	0.7	0.65	0.81	0.21	0.77	-0.53	-0.23	0.81	0.71	-0.23	0.84	0.87	0.78	-0.23	-0.02		0.78	0.47	0.33	0.7	0.38	0.15	0.69	0.73
Total Liab	0.99	0.99	0.96	0.91	0.82	0.68	1.0	-0.27	-0.14	0.96	0.85	-0.14	0.98	0.58	1.0	-0.02	-0.03	0.78		0.74	0.51	0.9	0.76	0.61	0.48	0.53
Property Plant And Equipment Gross	0.68	0.74	0.76	0.56	0.36	0.6	0.77	-0.59	-0.37	0.71	0.66	-0.37	0.77	0.08	0.74	-0.01	-0.38	0.47	0.74		0.09	0.59	0.56	0.61	0.0	0.12
Total Current Assets	0.49	0.58	0.4	0.48	0.34	0.18	0.49	0.04	0.74	0.31	0.37	0.74	0.42	0.4	0.52	0.71	0.82	0.33	0.51	0.09		0.35	0.37	0.11	0.34	0.34
Intangible Assets	0.92	0.88	0.89	0.97	0.85	0.8	0.9	-0.08	-0.3	0.93	0.75	-0.3	0.87	0.64	0.9	-0.24	-0.18	0.7	0.9	0.59	0.35		0.83	0.67	0.59	0.66
Accounts Payable	0.75	0.75	0.8	0.79	0.62	0.74	0.75	0.11	-0.14	0.74	0.56	-0.14	0.66	0.28	0.76	-0.05	-0.06	0.38	0.76	0.56	0.37	0.83		0.91	0.46	0.51
Short Term Debt	0.58	0.59	0.69	0.61	0.42	0.75	0.61	0.13	-0.29	0.61	0.45	-0.29	0.52	-0.02	0.6	-0.12	-0.28	0.15	0.61	0.61	0.11	0.67	0.91		0.21	0.25
Common Stock Total Equity	0.52	0.47	0.48	0.5	0.61	0.09	0.48	-0.1	-0.13	0.5	0.46	-0.13	0.47	0.83	0.48	-0.14	0.18	0.69	0.48	0.0	0.34	0.59	0.46	0.21		0.98
Common Stock	0.57	0.53	0.53	0.57	0.61	0.16	0.54	-0.21	-0.16	0.55	0.53	-0.16	0.53	0.86	0.54	-0.13	0.13	0.73	0.53	0.12	0.34	0.66	0.51	0.25	0.98

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E W Account Relationship Matchups

E W fundamental ratios 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

0.63

Grupo Televisa SAB

Pair Corr

Moving against SSP Stock

0.65	EEX	Emerald Expositions	Pair Corr
0.61	ADV	Advantage Solutions	Pair Corr

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.

Pair Correlation Correlation Matching

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.

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