SSP Non Current Assets Total vs Total Current Liabilities Analysis

SSP Stock  USD 3.50  0.13  3.58%   
E W financial indicator trend analysis is much more than just examining E W Scripps latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether E W Scripps is a good investment. Please check the relationship between E W Non Current Assets Total and its Total Current Liabilities accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in E W Scripps. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Non Current Assets Total vs Total Current Liabilities

Non Current Assets Total vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Non Current Assets Total account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between E W's Non Current Assets Total and Total Current Liabilities is 0.9. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of E W Scripps, assuming nothing else is changed. The correlation between historical values of E W's Non Current Assets Total and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of E W Scripps are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Non Current Assets Total i.e., E W's Non Current Assets Total and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on E W balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of E W Scripps are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from E W's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into E W Scripps 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 E W Scripps. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
At this time, E W's Selling General Administrative is relatively stable compared to the past year. As of 05/15/2024, Discontinued Operations is likely to grow to about 9.2 M, while Enterprise Value Over EBITDA is likely to drop 9.19.
 2021 2022 2023 2024 (projected)
Interest Expense165.2M161.1M213.5M224.2M
Depreciation And Amortization165.6M168.6M155.1M162.9M

E W fundamental ratios Correlations

0.980.960.920.890.670.98-0.22-0.160.980.82-0.160.970.640.99-0.110.310.810.990.680.490.920.750.310.520.57
0.980.960.890.780.670.99-0.29-0.070.930.84-0.070.970.561.00.080.110.750.990.740.580.880.750.370.470.53
0.960.960.910.780.710.97-0.22-0.260.950.89-0.260.950.510.97-0.10.220.70.970.740.410.910.80.490.480.54
0.920.890.910.830.790.9-0.04-0.150.90.79-0.150.870.620.9-0.130.370.650.910.560.480.970.790.330.50.57
0.890.780.780.830.520.790.01-0.210.90.62-0.210.820.750.82-0.390.670.810.820.360.340.850.620.050.610.61
0.670.670.710.790.520.690.17-0.280.690.47-0.280.610.130.68-0.130.190.210.680.60.180.80.740.560.090.16
0.980.990.970.90.790.69-0.31-0.180.960.86-0.180.980.561.0-0.010.140.771.00.770.490.90.750.40.480.54
-0.22-0.29-0.22-0.040.010.17-0.310.25-0.24-0.430.25-0.39-0.26-0.27-0.070.46-0.53-0.27-0.590.04-0.080.11-0.06-0.1-0.21
-0.16-0.07-0.26-0.15-0.21-0.28-0.180.25-0.34-0.241.0-0.24-0.08-0.130.8-0.3-0.23-0.14-0.370.74-0.3-0.14-0.34-0.13-0.16
0.980.930.950.90.90.690.96-0.24-0.340.81-0.340.960.610.96-0.280.380.810.960.710.310.930.740.350.50.55
0.820.840.890.790.620.470.86-0.43-0.240.81-0.240.860.560.84-0.070.140.710.850.660.370.750.560.320.460.53
-0.16-0.07-0.26-0.15-0.21-0.28-0.180.251.0-0.34-0.24-0.24-0.08-0.130.8-0.3-0.23-0.14-0.370.74-0.3-0.14-0.34-0.13-0.16
0.970.970.950.870.820.610.98-0.39-0.240.960.86-0.240.620.98-0.10.210.840.980.770.420.870.660.310.470.53
0.640.560.510.620.750.130.56-0.26-0.080.610.56-0.080.620.58-0.20.440.870.580.080.40.640.28-0.260.830.86
0.991.00.970.90.820.681.0-0.27-0.130.960.84-0.130.980.58-0.020.190.781.00.740.520.90.760.370.480.54
-0.110.08-0.1-0.13-0.39-0.13-0.01-0.070.8-0.28-0.070.8-0.1-0.2-0.02-0.74-0.23-0.02-0.010.71-0.24-0.050.0-0.14-0.13
0.310.110.220.370.670.190.140.46-0.30.380.14-0.30.210.440.19-0.740.30.19-0.25-0.140.380.18-0.260.320.26
0.810.750.70.650.810.210.77-0.53-0.230.810.71-0.230.840.870.78-0.230.30.780.470.330.70.38-0.040.690.73
0.990.990.970.910.820.681.0-0.27-0.140.960.85-0.140.980.581.0-0.020.190.780.740.510.90.760.370.480.53
0.680.740.740.560.360.60.77-0.59-0.370.710.66-0.370.770.080.74-0.01-0.250.470.740.090.590.560.630.00.12
0.490.580.410.480.340.180.490.040.740.310.370.740.420.40.520.71-0.140.330.510.090.350.37-0.060.340.34
0.920.880.910.970.850.80.9-0.08-0.30.930.75-0.30.870.640.9-0.240.380.70.90.590.350.830.40.590.66
0.750.750.80.790.620.740.750.11-0.140.740.56-0.140.660.280.76-0.050.180.380.760.560.370.830.730.460.51
0.310.370.490.330.050.560.4-0.06-0.340.350.32-0.340.31-0.260.370.0-0.26-0.040.370.63-0.060.40.730.040.11
0.520.470.480.50.610.090.48-0.1-0.130.50.46-0.130.470.830.48-0.140.320.690.480.00.340.590.460.040.98
0.570.530.540.570.610.160.54-0.21-0.160.550.53-0.160.530.860.54-0.130.260.730.530.120.340.660.510.110.98
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E W Account Relationship Matchups

E W fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.6B4.9B6.7B6.4B5.4B5.7B
Short Long Term Debt Total2.0B3.0B3.1B2.9B3.0B3.2B
Other Current Liab262.3M265.6M389.3M365.5M354.2M371.9M
Total Current Liabilities312.0M358.5M511.9M485.0M477.8M246.5M
Total Stockholder Equity897.9M1.2B2.0B2.1B1.2B1.2B
Property Plant And Equipment Net498.6M395.4M581.8M576.5M554.4M378.0M
Net Debt2.0B2.4B3.1B2.9B3.0B3.2B
Retained Earnings(121.0M)131.8M205.1M350.7M(622.2M)(591.1M)
Cash33.0M576.0M66.2M18.0M35.3M33.6M
Non Current Assets Total2.9B2.8B6.0B5.8B4.7B5.0B
Non Currrent Assets Other113.3M90.9M172.2M75.2M153.2M147.4M
Cash And Short Term Investments33.0M576.0M66.2M18.0M35.3M33.6M
Net Receivables417.5M441.4M573.3M600.1M610.5M641.1M
Common Stock Shares Outstanding80.8M81.8M88.0M87.3M84.3M66.4M
Liabilities And Stockholders Equity3.6B4.9B6.7B6.4B5.4B5.7B
Non Current Liabilities Total2.4B3.3B4.2B3.8B3.8B4.0B
Inventory101.3M1.1B(539.0M)(600.1M)1.01.05
Other Current Assets92.2M26.8M601.8M625.9M30.2M28.7M
Other Stockholder Equity1.1B1.1B1.4B1.4B1.4B1.5B
Total Liab2.7B3.7B4.7B4.3B4.3B4.5B
Property Plant And Equipment Gross514.5M395.4M581.8M576.5M1.1B1.1B
Total Current Assets643.9M2.1B702.3M643.9M676.1M541.0M
Accumulated Other Comprehensive Income(99.0M)(100.1M)(73.9M)(77.5M)(75.5M)(79.3M)
Intangible Assets1.1B975.4M1.9B1.8B1.7B867.4M
Accounts Payable28.4M68.1M83.9M82.7M76.4M56.9M
Short Term Debt5.7M3M10.6M18.6M35.1M33.3M
Common Stock Total Equity810K817K826K836K752.4K691.5K
Common Stock810K817K826K836K848K691K
Current Deferred Revenue10.7M14.1M20M18.2M12.2M22.8M
Other Liab335.8M372.2M1.0B826.5M950.4M997.9M
Other Assets30.9M242.6M18.6M17.7M15.9M15.1M
Long Term Debt1.9B2.9B3.1B2.9B2.9B3.0B
Property Plant Equipment375.9M343.9M456.9M576.5M518.8M325.5M
Good Will1.2B1.2B2.9B2.9B2.0B1.2B
Retained Earnings Total Equity(121.0M)131.8M205.1M350.7M403.3M423.5M
Deferred Long Term Liab19.8M85.8M356.8M370.5M426.0M447.3M

E W Investors Sentiment

The influence of E W's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SSP. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to E W's public news can be used to forecast risks associated with an investment in SSP. The trend in average sentiment can be used to explain how an investor holding SSP can time the market purely based on public headlines and social activities around E W Scripps. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
E W's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for E W's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average E W's news discussions. The higher the estimated score, the more favorable is the investor's outlook on E W.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards E W in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, E W's short interest history, or implied volatility extrapolated from E W options trading.

Currently Active Assets on Macroaxis

When determining whether E W Scripps is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SSP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about E W Scripps Stock. Highlighted below are key reports to facilitate an investment decision about E W Scripps Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in E W Scripps. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running E W's price analysis, check to measure E W'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 E W is operating at the current time. Most of E W's value examination focuses on studying past and present price action to predict the probability of E W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E W's price. Additionally, you may evaluate how the addition of E W to your portfolios can decrease your overall portfolio volatility.
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Is E W'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 E W. If investors know SSP 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 E W 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
0.913
Earnings Share
(11.62)
Revenue Per Share
27.517
Quarterly Revenue Growth
0.064
Return On Assets
0.0272
The market value of E W Scripps is measured differently than its book value, which is the value of SSP that is recorded on the company's balance sheet. Investors also form their own opinion of E W's value that differs from its market value or its book value, called intrinsic value, which is E W'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 E W's market value can be influenced by many factors that don't directly affect E W'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 E W's value and its price as these two are different measures arrived at by different means. Investors typically determine if E W is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E W'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.