Tegna Ebit vs Cost Of Revenue Analysis

TGNA Stock  USD 15.04  0.20  1.31%   
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 Ebit and its Cost Of Revenue 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Ebit vs Cost Of Revenue

Ebit vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tegna Inc Ebit account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tegna's Ebit and Cost Of Revenue is 0.61. Overlapping area represents the amount of variation of Ebit that can explain the historical movement of Cost Of Revenue 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 Ebit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit of Tegna Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit i.e., Tegna's Ebit and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Ebit

Cost Of Revenue

Cost of Revenue is found on Tegna Inc income statement and represents the costs associated with goods and services Tegna provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 tightly coupled 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

0.770.780.690.770.350.740.810.550.340.990.30.90.950.64-0.570.440.92-0.170.72-0.640.950.180.720.650.62
0.770.330.150.34-0.160.990.66-0.050.070.820.030.50.760.66-0.71-0.050.94-0.330.21-0.710.88-0.340.310.650.16
0.780.330.960.60.820.30.620.840.260.720.230.890.670.42-0.220.750.610.370.89-0.360.730.460.810.420.91
0.690.150.960.610.850.120.490.940.270.630.250.830.610.28-0.090.770.460.360.91-0.220.60.540.760.280.92
0.770.340.60.610.340.270.630.610.630.730.620.840.750.41-0.370.590.48-0.340.65-0.410.540.550.720.410.42
0.35-0.160.820.850.34-0.20.270.830.170.260.170.640.170.060.230.820.140.640.750.080.280.660.680.060.82
0.740.990.30.120.27-0.20.6-0.07-0.060.79-0.10.450.730.61-0.68-0.10.93-0.310.15-0.670.86-0.410.210.610.12
0.810.660.620.490.630.270.60.340.380.790.330.790.780.94-0.810.40.76-0.090.57-0.890.780.260.630.940.56
0.55-0.050.840.940.610.83-0.070.340.270.480.260.740.490.120.050.780.260.310.79-0.050.410.560.680.130.8
0.340.070.260.270.630.17-0.060.380.270.231.00.440.350.29-0.270.450.12-0.230.42-0.270.160.610.720.30.17
0.990.820.720.630.730.260.790.790.480.230.20.840.960.64-0.60.340.94-0.230.66-0.660.960.070.610.650.56
0.30.030.230.250.620.17-0.10.330.261.00.20.410.310.24-0.220.440.08-0.230.4-0.220.120.610.70.250.14
0.90.50.890.830.840.640.450.790.740.440.840.410.80.58-0.440.750.710.080.8-0.530.790.520.860.580.72
0.950.760.670.610.750.170.730.780.490.350.960.310.80.69-0.690.340.87-0.290.63-0.730.90.120.590.690.53
0.640.660.420.280.410.060.610.940.120.290.640.240.580.69-0.920.230.68-0.090.35-0.970.670.130.421.00.4
-0.57-0.71-0.22-0.09-0.370.23-0.68-0.810.05-0.27-0.6-0.22-0.44-0.69-0.92-0.08-0.650.28-0.120.98-0.610.05-0.25-0.93-0.12
0.44-0.050.750.770.590.82-0.10.40.780.450.340.440.750.340.23-0.080.180.360.62-0.170.30.780.760.240.61
0.920.940.610.460.480.140.930.760.260.120.940.080.710.870.68-0.650.18-0.160.5-0.70.99-0.150.510.680.46
-0.17-0.330.370.36-0.340.64-0.31-0.090.31-0.23-0.23-0.230.08-0.29-0.090.280.36-0.160.20.18-0.080.240.17-0.10.43
0.720.210.890.910.650.750.150.570.790.420.660.40.80.630.35-0.120.620.50.2-0.270.610.590.80.350.92
-0.64-0.71-0.36-0.22-0.410.08-0.67-0.89-0.05-0.27-0.66-0.22-0.53-0.73-0.970.98-0.17-0.70.18-0.27-0.68-0.04-0.34-0.97-0.29
0.950.880.730.60.540.280.860.780.410.160.960.120.790.90.67-0.610.30.99-0.080.61-0.68-0.030.60.670.58
0.18-0.340.460.540.550.66-0.410.260.560.610.070.610.520.120.130.050.78-0.150.240.59-0.04-0.030.650.130.49
0.720.310.810.760.720.680.210.630.680.720.610.70.860.590.42-0.250.760.510.170.8-0.340.60.650.430.68
0.650.650.420.280.410.060.610.940.130.30.650.250.580.691.0-0.930.240.68-0.10.35-0.970.670.130.430.4
0.620.160.910.920.420.820.120.560.80.170.560.140.720.530.4-0.120.610.460.430.92-0.290.580.490.680.4
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 Liab309.3M366.1M302.1M314.8M290.5M397.0M
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 Assets49.6M47.3M53.1M80.2M55.5M78.1M
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)(510.3M)(484.8M)
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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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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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Is Tegna's industry 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
1.304
Dividend Share
0.436
Earnings Share
2.88
Revenue Per Share
14.725
Quarterly Revenue Growth
(0.04)
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.