SSP Net Tangible Assets vs Current Deferred Revenue Analysis

SSP Stock  USD 2.72  0.02  0.74%   
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 Net Tangible Assets and its Current Deferred Revenue 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.

Net Tangible Assets vs Current Deferred Revenue

Net Tangible Assets vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Net Tangible Assets account and Current Deferred Revenue. At this time, the significance of the direction appears to have weak relationship.
The correlation between E W's Net Tangible Assets and Current Deferred Revenue is 0.3. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Current Deferred Revenue 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 Net Tangible Assets and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of E W Scripps are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Tangible Assets i.e., E W's Net Tangible Assets and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.3
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
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 06/02/2024, 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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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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.