SSP Non Currrent Assets Other vs Cash And Short Term Investments 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 Currrent Assets Other and its Cash And Short Term Investments 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 Currrent Assets Other vs Cash And Short Term Investments
Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between E W's Non Currrent Assets Other and Cash And Short Term Investments is -0.24. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments 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 Currrent Assets Other and Cash And Short Term Investments 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 Currrent Assets Other of E W Scripps are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., E W's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.24 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of E W Scripps balance sheet. This account contains E W investments that will expire within one year. These investments include stocks and bonds that can be liquidated by E W Scripps fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 Expense | 165.2M | 161.1M | 213.5M | 224.2M | Depreciation And Amortization | 165.6M | 168.6M | 155.1M | 162.9M |
E W fundamental ratios Correlations
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E W Account Relationship Matchups
High Positive Relationship
High Negative Relationship
E W fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 3.6B | 4.9B | 6.7B | 6.4B | 5.4B | 5.7B | |
Short Long Term Debt Total | 2.0B | 3.0B | 3.1B | 2.9B | 3.0B | 3.2B | |
Other Current Liab | 262.3M | 265.6M | 389.3M | 365.5M | 354.2M | 371.9M | |
Total Current Liabilities | 312.0M | 358.5M | 511.9M | 485.0M | 477.8M | 246.5M | |
Total Stockholder Equity | 897.9M | 1.2B | 2.0B | 2.1B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 498.6M | 395.4M | 581.8M | 576.5M | 554.4M | 378.0M | |
Net Debt | 2.0B | 2.4B | 3.1B | 2.9B | 3.0B | 3.2B | |
Retained Earnings | (121.0M) | 131.8M | 205.1M | 350.7M | (622.2M) | (591.1M) | |
Cash | 33.0M | 576.0M | 66.2M | 18.0M | 35.3M | 33.6M | |
Non Current Assets Total | 2.9B | 2.8B | 6.0B | 5.8B | 4.7B | 5.0B | |
Non Currrent Assets Other | 113.3M | 90.9M | 172.2M | 75.2M | 153.2M | 147.4M | |
Cash And Short Term Investments | 33.0M | 576.0M | 66.2M | 18.0M | 35.3M | 33.6M | |
Net Receivables | 417.5M | 441.4M | 573.3M | 600.1M | 610.5M | 641.1M | |
Common Stock Shares Outstanding | 80.8M | 81.8M | 88.0M | 87.3M | 84.3M | 66.4M | |
Liabilities And Stockholders Equity | 3.6B | 4.9B | 6.7B | 6.4B | 5.4B | 5.7B | |
Non Current Liabilities Total | 2.4B | 3.3B | 4.2B | 3.8B | 3.8B | 4.0B | |
Inventory | 101.3M | 1.1B | (539.0M) | (600.1M) | 1.0 | 1.05 | |
Other Current Assets | 92.2M | 26.8M | 601.8M | 625.9M | 30.2M | 28.7M | |
Other Stockholder Equity | 1.1B | 1.1B | 1.4B | 1.4B | 1.4B | 1.5B | |
Total Liab | 2.7B | 3.7B | 4.7B | 4.3B | 4.3B | 4.5B | |
Property Plant And Equipment Gross | 514.5M | 395.4M | 581.8M | 576.5M | 1.1B | 1.1B | |
Total Current Assets | 643.9M | 2.1B | 702.3M | 643.9M | 676.1M | 541.0M | |
Accumulated Other Comprehensive Income | (99.0M) | (100.1M) | (73.9M) | (77.5M) | (75.5M) | (79.3M) | |
Intangible Assets | 1.1B | 975.4M | 1.9B | 1.8B | 1.7B | 867.4M | |
Accounts Payable | 28.4M | 68.1M | 83.9M | 82.7M | 76.4M | 56.9M | |
Short Term Debt | 5.7M | 3M | 10.6M | 18.6M | 35.1M | 33.3M | |
Common Stock Total Equity | 810K | 817K | 826K | 836K | 752.4K | 691.5K | |
Common Stock | 810K | 817K | 826K | 836K | 848K | 691K | |
Current Deferred Revenue | 10.7M | 14.1M | 20M | 18.2M | 12.2M | 22.8M | |
Other Liab | 335.8M | 372.2M | 1.0B | 826.5M | 950.4M | 997.9M | |
Other Assets | 30.9M | 242.6M | 18.6M | 17.7M | 15.9M | 15.1M | |
Long Term Debt | 1.9B | 2.9B | 3.1B | 2.9B | 2.9B | 3.0B | |
Property Plant Equipment | 375.9M | 343.9M | 456.9M | 576.5M | 518.8M | 325.5M | |
Good Will | 1.2B | 1.2B | 2.9B | 2.9B | 2.0B | 1.2B | |
Retained Earnings Total Equity | (121.0M) | 131.8M | 205.1M | 350.7M | 403.3M | 423.5M | |
Deferred Long Term Liab | 19.8M | 85.8M | 356.8M | 370.5M | 426.0M | 447.3M |
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.
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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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.