SSP Short Term Investments vs Net Working Capital 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 Short Term Investments and its Net Working Capital 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.
Short Term Investments vs Net Working Capital
Short Term Investments vs Net Working Capital Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of E W Scripps Short Term Investments account and Net Working Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between E W's Short Term Investments and Net Working Capital is 0.06. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Working Capital 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 Short Term Investments and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of E W Scripps are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Short Term Investments i.e., E W's Short Term Investments and Net Working Capital go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Short Term Investments
Short Term Investments is an item under the current assets section of E W balance sheet. It contains any investments E W Scripps undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that E W Scripps can easily liquidate in the marketplace.Net Working Capital
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 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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for SSP Stock analysis
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.
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
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.