Sprint Beta

S -- USA Stock  

USD 5.66  0.16  2.91%

The Macroaxis Fundamental Analysis lookup allows users to check a given indicator for any equity or select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Symbol
Refresh

Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Sprint 
Beta 
 = 
Covariance 
Variance 
 = 
0.24

Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

Income

Sprint Income Change Over Time

Accumulated Other Comprehensive Income

In accordance with recently published financial statements Sprint Corporation has Beta of 0.24. This is much higher than that of the Communication Services sector, and significantly higher than that of Communication industry, The Beta for all stocks is over 1000% lower than the firm.

Peer Comparison

Sprint Beta Comparison
  Beta 
      Sprint Comparables 
Sprint is rated below average in beta category among related companies.
As returns on market increase, Sprint returns are expected to increase less than the market. However during bear market, the loss on holding Sprint will be expected to be smaller as well.

Current Sprint financial ratios

Return On Equity32.62 %
Return On Asset2.24 %
Profit Margin22.80 %
Operating Margin35.92 %
Current Valuation54.51 B
Shares Outstanding4.01 B
Shares Owned by Insiders0.18 %
Shares Owned by Institutions17.96 %
Number of Shares Shorted143.91 M
Price to Earning3.13 times
Price to Book0.86 times
Price to Sales0.70 times
Revenue32.41 B
Gross Profit19.05 B
EBITDA11.64 B
Net Income7.39 B
Cash and Equivalents8.96 B
Cash per Share2.23 times
Total Debt40.89 B
Debt to Equity154.70 %
Current Ratio1.32 times
Book Value Per Share6.58 times
Cash Flow from Operations(1.23 B)
Short Ratio12.64 times
Earnings Per Share1.81 times
Price to Earnings To Growth22.64 times
Number of Employees30 K
Beta0.24
Market Capitalization22.71 B
Total Asset78.97 B
Retained Earnings(7.38 B)
Working Capital(5.13 B)
Current Asset6.83 B
Current Liabilities11.96 B