Entravision Income Before Tax vs Non Recurring Analysis
EVC Stock | USD 2.10 0.08 3.96% |
Entravision Communications financial indicator trend analysis is much more than just examining Entravision Communications latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entravision Communications is a good investment. Please check the relationship between Entravision Communications Income Before Tax and its Non Recurring accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.
Income Before Tax vs Non Recurring
Income Before Tax vs Non Recurring Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entravision Communications Income Before Tax account and Non Recurring. At this time, the significance of the direction appears to have weak relationship.
The correlation between Entravision Communications' Income Before Tax and Non Recurring is 0.31. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Non Recurring in the same time period over historical financial statements of Entravision Communications, assuming nothing else is changed. The correlation between historical values of Entravision Communications' Income Before Tax and Non Recurring is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Entravision Communications are associated (or correlated) with its Non Recurring. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Recurring has no effect on the direction of Income Before Tax i.e., Entravision Communications' Income Before Tax and Non Recurring go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Entravision Communications income statement and is an important metric when analyzing Entravision Communications profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Non Recurring
Most indicators from Entravision Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entravision Communications 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.At present, Entravision Communications' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.36, whereas Tax Provision is forecasted to decline to about 2.1 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 7.0M | 10.9M | 17.3M | 18.9M | Depreciation And Amortization | 34.4M | 25.7M | 28.0M | 24.4M |
Entravision Communications fundamental ratios Correlations
Click cells to compare fundamentals
Entravision Communications Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Entravision Communications fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 656.2M | 744.6M | 851.3M | 880.8M | 890.4M | 704.2M | |
Total Stockholder Equity | 288.2M | 276.0M | 256.9M | 270.4M | 222.5M | 321.3M | |
Net Debt | 233.3M | 133.4M | 55.5M | 149.6M | 156.0M | 209.9M | |
Cash | 33.1M | 119.2M | 185.1M | 110.7M | 106.5M | 64.7M | |
Other Assets | 21K | 301.8M | (2K) | 10.9M | 12.5M | 11.9M | |
Cash And Short Term Investments | 124.8M | 147.2M | 185.1M | 155.2M | 119.7M | 77.8M | |
Common Stock Shares Outstanding | 85.1M | 84.2M | 87.9M | 87.8M | 87.9M | 78.1M | |
Liabilities And Stockholders Equity | 656.2M | 744.6M | 851.3M | 880.8M | 890.4M | 704.2M | |
Other Stockholder Equity | 836.2M | 828.8M | 780.4M | 776.3M | 743.2M | 1.0B | |
Total Liab | 368.0M | 468.7M | 594.4M | 595.5M | 624.2M | 524.0M | |
Total Current Assets | 209.4M | 307.6M | 408.5M | 407.9M | 385.9M | 405.1M | |
Short Long Term Debt Total | 266.5M | 252.5M | 240.6M | 260.3M | 262.5M | 267.2M | |
Other Current Liab | (2.4M) | 71.4M | 148.0M | 155.0M | 142.5M | 149.6M | |
Total Current Liabilities | 66.0M | 134.4M | 224.9M | 248.2M | 272.1M | 285.7M | |
Property Plant And Equipment Net | 123.5M | 105.5M | 88.1M | 105.8M | 115.4M | 81.5M | |
Retained Earnings | (547.9M) | (551.8M) | (522.5M) | (504.4M) | (519.8M) | (545.8M) | |
Non Current Assets Total | 446.8M | 437.1M | 442.9M | 472.9M | 504.6M | 583.2M | |
Non Currrent Assets Other | 7.5M | 7.6M | 8.5M | 8.3M | (224.9M) | (213.7M) | |
Net Receivables | 71.4M | 142.0M | 201.7M | 224.7M | 235.8M | 247.6M | |
Non Current Liabilities Total | 302.0M | 334.2M | 369.6M | 347.2M | 352.1M | 338.3M | |
Other Current Assets | 13.2M | 20.9M | 21.6M | 27.2M | 30.3M | 29.7M | |
Property Plant And Equipment Gross | 123.5M | 105.5M | 272.0M | 105.8M | 313.0M | 328.7M | |
Short Term Debt | 12.1M | 10.3M | 12.2M | 10.8M | 17.3M | 18.1M | |
Other Liab | 47.6M | 58.7M | 141.2M | 97.8M | 112.5M | 118.1M | |
Accounts Payable | 53.9M | 49.7M | 58.8M | 75.2M | 108.2M | 113.6M | |
Long Term Debt | 213.0M | 210.5M | 207.4M | 207.3M | 199.6M | 263.0M | |
Good Will | 46.5M | 57.8M | 71.7M | 87.0M | 90.7M | 178.0M | |
Accumulated Other Comprehensive Income | (131K) | (1.1M) | (977K) | (1.5M) | (915.0K) | (960.7K) | |
Intangible Assets | 269.3M | 266.1M | 273.1M | 269.3M | 247.0M | 459.1M | |
Property Plant Equipment | 79.6M | 105.5M | 88.1M | 105.8M | 95.2M | 82.1M | |
Short Term Investments | 91.7M | 28.0M | 74.3M | 44.5M | 13.2M | 12.5M | |
Net Tangible Assets | (27.7M) | (47.9M) | (90.5M) | (85.8M) | (98.7M) | (103.6M) | |
Retained Earnings Total Equity | (547.9M) | (551.8M) | (522.5M) | (504.4M) | (580.0M) | (609.0M) | |
Long Term Debt Total | 213.0M | 210.5M | 207.4M | 207.3M | 186.6M | 220.0M | |
Capital Surpluse | 836.2M | 828.8M | 780.4M | 776.3M | 698.7M | 695.9M | |
Deferred Long Term Liab | 44.3M | 55.0M | 68.2M | 67.6M | 77.7M | 81.6M |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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Is Entravision Communications' 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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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 (0.73) | Dividend Share 0.2 | Earnings Share (0.75) | Revenue Per Share 12.96 | Quarterly Revenue Growth 0.161 |
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.