SSP Minority Interest vs Gross Profit Analysis

SSP Stock  USD 2.38  0.01  0.42%   
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 Minority Interest and its Gross Profit 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 closely tied with the direction of predictive economic indicators such as signals in state.

Minority Interest vs Gross Profit

Minority Interest vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Minority Interest account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between E W's Minority Interest and Gross Profit is 0.34. Overlapping area represents the amount of variation of Minority Interest that can explain the historical movement of Gross Profit 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 Minority Interest and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Minority Interest of E W Scripps are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Minority Interest i.e., E W's Minority Interest and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Minority Interest

Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of E W Scripps whose combined shares represent less than 50% of the total outstanding shares issued by E W have a minority interest in E W.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of E W Scripps minus its cost of goods sold. It is profit before E W operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
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 closely tied 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 06/12/2024, 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
Click cells to compare fundamentals

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

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Additional Tools for SSP Stock Analysis

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