Tegna Long Term Debt vs Accumulated Depreciation Analysis

TGNA Stock  USD 18.71  0.19  1.03%   
Tegna financial indicator trend analysis is much more than just breaking down Tegna Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tegna Inc is a good investment. Please check the relationship between Tegna Long Term Debt and its Accumulated Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tegna Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Long Term Debt vs Accumulated Depreciation

Long Term Debt vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tegna Inc Long Term Debt account and Accumulated Depreciation. At this time, the significance of the direction appears to have no relationship.
The correlation between Tegna's Long Term Debt and Accumulated Depreciation is 0.03. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of Tegna Inc, assuming nothing else is changed. The correlation between historical values of Tegna's Long Term Debt and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Tegna Inc are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Long Term Debt i.e., Tegna's Long Term Debt and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Long Term Debt

Long-term debt is a debt that Tegna Inc has held for over one year. Long-term debt appears on Tegna Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Tegna Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Tegna Inc fixed asset that has been charged to Tegna expense since that asset was acquired and made available for Tegna use. The accumulated depreciation account is Tegna Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Tegna Inc.
Most indicators from Tegna's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tegna Inc 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 Tegna Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At present, Tegna's Selling General Administrative is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.17, whereas Discontinued Operations is forecasted to decline to about 3.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.6B1.1B1.0B
Total Revenue3.0B3.3B2.9B4.8B

Tegna fundamental ratios Correlations

0.770.760.690.770.350.740.810.550.340.990.30.90.950.64-0.570.440.92-0.170.75-0.640.950.180.720.650.62
0.770.30.140.33-0.170.990.66-0.050.070.810.030.490.750.66-0.71-0.050.94-0.330.24-0.710.88-0.340.310.660.15
0.760.30.980.570.830.270.580.880.250.70.230.870.660.39-0.190.740.590.390.88-0.330.710.460.80.390.93
0.690.140.980.610.850.120.490.940.270.630.250.830.610.28-0.090.770.460.360.89-0.220.60.540.760.280.92
0.770.330.570.610.340.270.630.610.630.730.620.840.750.41-0.370.590.48-0.340.69-0.410.540.550.720.410.42
0.35-0.170.830.850.34-0.20.270.830.170.260.170.640.170.060.230.820.140.640.740.080.280.660.680.060.82
0.740.990.270.120.27-0.20.6-0.07-0.060.79-0.10.450.730.61-0.68-0.10.93-0.310.2-0.670.86-0.410.210.610.12
0.810.660.580.490.630.270.60.340.380.790.330.790.780.94-0.810.40.76-0.090.61-0.890.780.260.630.940.56
0.55-0.050.880.940.610.83-0.070.340.270.480.260.740.490.120.050.780.260.310.75-0.050.410.560.680.130.8
0.340.070.250.270.630.17-0.060.380.270.231.00.440.350.29-0.270.450.12-0.230.36-0.270.160.610.720.30.17
0.990.810.70.630.730.260.790.790.480.230.20.840.960.64-0.60.340.94-0.230.69-0.660.960.070.610.650.56
0.30.030.230.250.620.17-0.10.330.261.00.20.410.310.24-0.220.440.08-0.230.34-0.220.120.610.70.250.14
0.90.490.870.830.840.640.450.790.740.440.840.410.80.58-0.440.750.710.080.83-0.540.790.520.860.580.72
0.950.750.660.610.750.170.730.780.490.350.960.310.80.69-0.690.340.87-0.290.64-0.730.90.120.590.690.53
0.640.660.390.280.410.060.610.940.120.290.640.240.580.69-0.920.230.68-0.090.38-0.970.670.130.421.00.4
-0.57-0.71-0.19-0.09-0.370.23-0.68-0.810.05-0.27-0.6-0.22-0.44-0.69-0.92-0.08-0.650.28-0.160.98-0.610.05-0.25-0.93-0.12
0.44-0.050.740.770.590.82-0.10.40.780.450.340.440.750.340.23-0.080.180.360.63-0.170.30.780.760.240.61
0.920.940.590.460.480.140.930.760.260.120.940.080.710.870.68-0.650.18-0.160.52-0.70.99-0.150.510.680.46
-0.17-0.330.390.36-0.340.64-0.31-0.090.31-0.23-0.23-0.230.08-0.29-0.090.280.36-0.160.180.18-0.080.240.17-0.10.43
0.750.240.880.890.690.740.20.610.750.360.690.340.830.640.38-0.160.630.520.18-0.310.630.60.790.390.9
-0.64-0.71-0.33-0.22-0.410.08-0.67-0.89-0.05-0.27-0.66-0.22-0.54-0.73-0.970.98-0.17-0.70.18-0.31-0.68-0.04-0.34-0.97-0.29
0.950.880.710.60.540.280.860.780.410.160.960.120.790.90.67-0.610.30.99-0.080.63-0.68-0.030.60.670.58
0.18-0.340.460.540.550.66-0.410.260.560.610.070.610.520.120.130.050.78-0.150.240.6-0.04-0.030.650.130.49
0.720.310.80.760.720.680.210.630.680.720.610.70.860.590.42-0.250.760.510.170.79-0.340.60.650.430.68
0.650.660.390.280.410.060.610.940.130.30.650.250.580.691.0-0.930.240.68-0.10.39-0.970.670.130.430.4
0.620.150.930.920.420.820.120.560.80.170.560.140.720.530.4-0.120.610.460.430.9-0.290.580.490.680.4
Click cells to compare fundamentals

Tegna Account Relationship Matchups

Tegna fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.0B6.8B6.9B7.3B7.0B8.3B
Short Long Term Debt Total4.3B3.7B3.3B3.1B3.2B3.0B
Other Current Liab309.3M290.0M278.8M280.3M290.5M393.4M
Total Current Liabilities361.2M424.2M375.1M391.0M423.4M756.6M
Total Stockholder Equity1.6B2.1B2.5B3.1B2.7B3.5B
Property Plant And Equipment Net589.2M567.5M554.5M535.5M525.7M499.4M
Net Debt4.3B3.6B3.3B2.6B2.8B2.9B
Retained Earnings6.7B7.1B7.5B7.9B8.1B6.3B
Accounts Payable51.9M58.0M73.0M76.2M115.0M166.3M
Cash29.4M41.0M57.0M551.7M361.0M379.1M
Non Current Assets Total6.2B6.2B6.1B6.0B5.9B7.3B
Cash And Short Term Investments29.4M41.0M57.0M551.7M361.0M379.1M
Net Receivables601.4M564.8M657.8M671.8M633.7M738.7M
Good Will2.6B3.0B3.0B3.0B3.4B4.4B
Common Stock Shares Outstanding218.0M219.7M222.5M224.5M207.9M213.2M
Liabilities And Stockholders Equity7.0B6.8B6.9B7.3B7.0B8.3B
Non Current Liabilities Total5.0B4.4B4.0B3.8B3.9B4.0B
Inventory17.7M26.9M19.5M19.7M0.90.86
Other Current Assets49.6M66.8M72.8M80.2M55.5M79.2M
Other Stockholder Equity(5.2B)(5.2B)(5.2B)(5.0B)(5.6B)(5.3B)
Total Liab5.4B4.8B4.4B4.2B4.3B4.8B
Property Plant And Equipment Gross589.2M567.5M1.1B1.1B1.2B1.3B
Total Current Assets707.3M672.6M787.6M1.3B1.1B1.0B
Accumulated Other Comprehensive Income(142.6M)(121.1M)(97.2M)(125.5M)(119.6M)(125.6M)
Non Currrent Assets Other21.9M21.6M27.4M(466.8M)67.9M79.2M
Short Term Debt11.1M12.3M11.9M11.5M11.9M11.3M
Intangible Assets2.6B2.5B2.4B2.4B2.3B2.5B
Other Liab717.3M698.9M685.5M699.9M804.9M1.1B
Other Assets85.2M233.4M86.4M89.3M80.4M76.4M
Long Term Debt4.2B3.6B3.2B3.1B3.1B3.0B
Treasury Stock(5.6B)(5.5B)(5.3B)(5.2B)(4.7B)(4.9B)
Property Plant Equipment589.2M470.4M467.2M535.5M482.0M457.9M
Retained Earnings Total Equity6.4B6.7B7.1B7.5B8.6B6.9B

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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 Tegna Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tegna'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 Tegna Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tegna Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tegna Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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 Tegna. If investors know Tegna 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 Tegna 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
0.861
Dividend Share
0.478
Earnings Share
2.86
Revenue Per Share
16.9
Quarterly Revenue Growth
0.131
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna'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 Tegna's market value can be influenced by many factors that don't directly affect Tegna'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 Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna'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.