Tegna Good Will vs Property Plant And Equipment Gross Analysis

TGNA Stock

USD 14.91 0.22 1.50%

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 Good Will and its Property Plant And Equipment Gross 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.

Good Will vs Property Plant And Equipment Gross

Good Will vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tegna Inc Good Will account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have almost no relationship.

The correlation between Tegna's Good Will and Property Plant And Equipment Gross is 0.12. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Property Plant And Equipment Gross 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 Good Will and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Tegna Inc are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Good Will i.e., Tegna's Good Will and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.12

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Property Plant And Equipment Gross

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 Profit	1.4B	1.6B	1.1B	1.0B
Total Revenue	3.0B	3.3B	2.9B	4.8B

Gross Profit Total Revenue

Tegna 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	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Current Deferred Revenue
Total Assets		0.77	0.78	0.69	0.77	0.35	0.74	0.81	0.55	0.34	0.99	0.3	0.9	0.95	0.64	-0.57	0.44	0.92	-0.17	0.72	-0.64	0.95	0.18	0.72	0.65	0.62
Short Long Term Debt Total	0.77		0.33	0.15	0.34	-0.16	0.99	0.66	-0.05	0.07	0.82	0.03	0.5	0.76	0.66	-0.71	-0.05	0.94	-0.33	0.21	-0.71	0.88	-0.34	0.31	0.65	0.16
Other Current Liab	0.78	0.33		0.96	0.6	0.82	0.3	0.62	0.84	0.26	0.72	0.23	0.89	0.67	0.42	-0.22	0.75	0.61	0.37	0.89	-0.36	0.73	0.46	0.81	0.42	0.91
Total Current Liabilities	0.69	0.15	0.96		0.61	0.85	0.12	0.49	0.94	0.27	0.63	0.25	0.83	0.61	0.28	-0.09	0.77	0.46	0.36	0.91	-0.22	0.6	0.54	0.76	0.28	0.92
Total Stockholder Equity	0.77	0.34	0.6	0.61		0.34	0.27	0.63	0.61	0.63	0.73	0.62	0.84	0.75	0.41	-0.37	0.59	0.48	-0.34	0.65	-0.41	0.54	0.55	0.72	0.41	0.42
Property Plant And Equipment Net	0.35	-0.16	0.82	0.85	0.34		-0.2	0.27	0.83	0.17	0.26	0.17	0.64	0.17	0.06	0.23	0.82	0.14	0.64	0.75	0.08	0.28	0.66	0.68	0.06	0.82
Net Debt	0.74	0.99	0.3	0.12	0.27	-0.2		0.6	-0.07	-0.06	0.79	-0.1	0.45	0.73	0.61	-0.68	-0.1	0.93	-0.31	0.15	-0.67	0.86	-0.41	0.21	0.61	0.12
Retained Earnings	0.81	0.66	0.62	0.49	0.63	0.27	0.6		0.34	0.38	0.79	0.33	0.79	0.78	0.94	-0.81	0.4	0.76	-0.09	0.57	-0.89	0.78	0.26	0.63	0.94	0.56
Accounts Payable	0.55	-0.05	0.84	0.94	0.61	0.83	-0.07	0.34		0.27	0.48	0.26	0.74	0.49	0.12	0.05	0.78	0.26	0.31	0.79	-0.05	0.41	0.56	0.68	0.13	0.8
Cash	0.34	0.07	0.26	0.27	0.63	0.17	-0.06	0.38	0.27		0.23	1.0	0.44	0.35	0.29	-0.27	0.45	0.12	-0.23	0.42	-0.27	0.16	0.61	0.72	0.3	0.17
Non Current Assets Total	0.99	0.82	0.72	0.63	0.73	0.26	0.79	0.79	0.48	0.23		0.2	0.84	0.96	0.64	-0.6	0.34	0.94	-0.23	0.66	-0.66	0.96	0.07	0.61	0.65	0.56
Cash And Short Term Investments	0.3	0.03	0.23	0.25	0.62	0.17	-0.1	0.33	0.26	1.0	0.2		0.41	0.31	0.24	-0.22	0.44	0.08	-0.23	0.4	-0.22	0.12	0.61	0.7	0.25	0.14
Net Receivables	0.9	0.5	0.89	0.83	0.84	0.64	0.45	0.79	0.74	0.44	0.84	0.41		0.8	0.58	-0.44	0.75	0.71	0.08	0.8	-0.53	0.79	0.52	0.86	0.58	0.72
Good Will	0.95	0.76	0.67	0.61	0.75	0.17	0.73	0.78	0.49	0.35	0.96	0.31	0.8		0.69	-0.69	0.34	0.87	-0.29	0.63	-0.73	0.9	0.12	0.59	0.69	0.53
Common Stock Total Equity	0.64	0.66	0.42	0.28	0.41	0.06	0.61	0.94	0.12	0.29	0.64	0.24	0.58	0.69		-0.92	0.23	0.68	-0.09	0.35	-0.97	0.67	0.13	0.42	1.0	0.4
Common Stock Shares Outstanding	-0.57	-0.71	-0.22	-0.09	-0.37	0.23	-0.68	-0.81	0.05	-0.27	-0.6	-0.22	-0.44	-0.69	-0.92		-0.08	-0.65	0.28	-0.12	0.98	-0.61	0.05	-0.25	-0.93	-0.12
Short Term Investments	0.44	-0.05	0.75	0.77	0.59	0.82	-0.1	0.4	0.78	0.45	0.34	0.44	0.75	0.34	0.23	-0.08		0.18	0.36	0.62	-0.17	0.3	0.78	0.76	0.24	0.61
Non Current Liabilities Total	0.92	0.94	0.61	0.46	0.48	0.14	0.93	0.76	0.26	0.12	0.94	0.08	0.71	0.87	0.68	-0.65	0.18		-0.16	0.5	-0.7	0.99	-0.15	0.51	0.68	0.46
Inventory	-0.17	-0.33	0.37	0.36	-0.34	0.64	-0.31	-0.09	0.31	-0.23	-0.23	-0.23	0.08	-0.29	-0.09	0.28	0.36	-0.16		0.2	0.18	-0.08	0.24	0.17	-0.1	0.43
Other Current Assets	0.72	0.21	0.89	0.91	0.65	0.75	0.15	0.57	0.79	0.42	0.66	0.4	0.8	0.63	0.35	-0.12	0.62	0.5	0.2		-0.27	0.61	0.59	0.8	0.35	0.92
Other Stockholder Equity	-0.64	-0.71	-0.36	-0.22	-0.41	0.08	-0.67	-0.89	-0.05	-0.27	-0.66	-0.22	-0.53	-0.73	-0.97	0.98	-0.17	-0.7	0.18	-0.27		-0.68	-0.04	-0.34	-0.97	-0.29
Total Liab	0.95	0.88	0.73	0.6	0.54	0.28	0.86	0.78	0.41	0.16	0.96	0.12	0.79	0.9	0.67	-0.61	0.3	0.99	-0.08	0.61	-0.68		-0.03	0.6	0.67	0.58
Property Plant And Equipment Gross	0.18	-0.34	0.46	0.54	0.55	0.66	-0.41	0.26	0.56	0.61	0.07	0.61	0.52	0.12	0.13	0.05	0.78	-0.15	0.24	0.59	-0.04	-0.03		0.65	0.13	0.49
Total Current Assets	0.72	0.31	0.81	0.76	0.72	0.68	0.21	0.63	0.68	0.72	0.61	0.7	0.86	0.59	0.42	-0.25	0.76	0.51	0.17	0.8	-0.34	0.6	0.65		0.43	0.68
Common Stock	0.65	0.65	0.42	0.28	0.41	0.06	0.61	0.94	0.13	0.3	0.65	0.25	0.58	0.69	1.0	-0.93	0.24	0.68	-0.1	0.35	-0.97	0.67	0.13	0.43		0.4
Current Deferred Revenue	0.62	0.16	0.91	0.92	0.42	0.82	0.12	0.56	0.8	0.17	0.56	0.14	0.72	0.53	0.4	-0.12	0.61	0.46	0.43	0.92	-0.29	0.58	0.49	0.68	0.4

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Tegna Account Relationship Matchups

Tegna fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.0B	6.8B	6.9B	7.3B	7.0B	8.3B
Short Long Term Debt Total	4.3B	3.7B	3.3B	3.1B	3.2B	3.0B
Other Current Liab	309.3M	366.1M	302.1M	314.8M	290.5M	397.0M
Total Current Liabilities	361.2M	424.2M	375.1M	391.0M	423.4M	756.6M
Total Stockholder Equity	1.6B	2.1B	2.5B	3.1B	2.7B	3.5B
Property Plant And Equipment Net	589.2M	567.5M	554.5M	535.5M	525.7M	499.4M
Net Debt	4.3B	3.6B	3.3B	2.6B	2.8B	2.9B
Retained Earnings	6.7B	7.1B	7.5B	7.9B	8.1B	6.3B
Accounts Payable	51.9M	58.0M	73.0M	76.2M	115.0M	166.3M
Cash	29.4M	41.0M	57.0M	551.7M	361.0M	379.1M
Non Current Assets Total	6.2B	6.2B	6.1B	6.0B	5.9B	7.3B
Cash And Short Term Investments	29.4M	41.0M	57.0M	551.7M	361.0M	379.1M
Net Receivables	601.4M	564.8M	657.8M	671.8M	633.7M	738.7M
Good Will	2.6B	3.0B	3.0B	3.0B	3.4B	4.4B
Common Stock Shares Outstanding	218.0M	219.7M	222.5M	224.5M	207.9M	213.2M
Liabilities And Stockholders Equity	7.0B	6.8B	6.9B	7.3B	7.0B	8.3B
Non Current Liabilities Total	5.0B	4.4B	4.0B	3.8B	3.9B	4.0B
Inventory	17.7M	26.9M	19.5M	19.7M	0.9	0.86
Other Current Assets	49.6M	47.3M	53.1M	80.2M	55.5M	78.1M
Other Stockholder Equity	(5.2B)	(5.2B)	(5.2B)	(5.0B)	(5.6B)	(5.3B)
Total Liab	5.4B	4.8B	4.4B	4.2B	4.3B	4.8B
Property Plant And Equipment Gross	589.2M	567.5M	1.1B	1.1B	1.2B	1.3B
Total Current Assets	707.3M	672.6M	787.6M	1.3B	1.1B	1.0B
Accumulated Other Comprehensive Income	(142.6M)	(121.1M)	(97.2M)	(125.5M)	(119.6M)	(125.6M)
Non Currrent Assets Other	21.9M	21.6M	27.4M	(466.8M)	(510.3M)	(484.8M)
Short Term Debt	11.1M	12.3M	11.9M	11.5M	11.9M	11.3M
Intangible Assets	2.6B	2.5B	2.4B	2.4B	2.3B	2.5B
Other Liab	717.3M	698.9M	685.5M	699.9M	804.9M	1.1B
Other Assets	85.2M	233.4M	86.4M	89.3M	80.4M	76.4M
Long Term Debt	4.2B	3.6B	3.2B	3.1B	3.1B	3.0B
Treasury Stock	(5.6B)	(5.5B)	(5.3B)	(5.2B)	(4.7B)	(4.9B)
Property Plant Equipment	589.2M	470.4M	467.2M	535.5M	482.0M	457.9M
Retained Earnings Total Equity	6.4B	6.7B	7.1B	7.5B	8.6B	6.9B

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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:

How To Invest In Tegna

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Is Tegna Stock a good investment?

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What is Tegna's Net Worth?

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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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Tegna's price analysis, check to measure Tegna'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 Tegna is operating at the current time. Most of Tegna's value examination focuses on studying past and present price action to predict the probability of Tegna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tegna's price. Additionally, you may evaluate how the addition of Tegna to your portfolios can decrease your overall portfolio volatility.

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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.

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Tegna Good Will vs Property Plant And Equipment Gross Analysis

Good Will vs Property Plant And Equipment Gross

Good Will vs Property Plant And Equipment Gross Correlation Analysis

Correlation Coefficient

Good Will

Property Plant And Equipment Gross

Tegna fundamental ratios Correlations

Tegna Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Tegna fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Other Stockholder Equity	+ 0.98	Common Stock Shares Outstanding

Common Stock	- 0.97	Other Stockholder Equity
Other Stockholder Equity	- 0.97	Common Stock Total Equity
Common Stock	- 0.93	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Common Stock Total Equity
Other Stockholder Equity	- 0.89	Retained Earnings
Common Stock Shares Outstanding	- 0.81	Retained Earnings