Tegna Total Revenue vs Income Tax Expense 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 Total Revenue and its Income Tax Expense 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.
Total Revenue vs Income Tax Expense
Total Revenue vs Income Tax Expense Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tegna Inc Total Revenue account and Income Tax Expense. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Tegna's Total Revenue and Income Tax Expense is 0.48. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Income Tax Expense 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 Total Revenue and Income Tax Expense 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 Revenue of Tegna Inc are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Total Revenue i.e., Tegna's Total Revenue and Income Tax Expense go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Revenue
Total revenue comprises all receipts Tegna Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Income Tax Expense
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 |
Tegna fundamental ratios Correlations
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Tegna Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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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 Transaction History module to view history of all your transactions and understand their impact on performance.
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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.