Sinclair Broadcast Group Stock Total Asset

SBGI Stock  USD 13.33  0.21  1.55%   
Sinclair Broadcast Group fundamentals help investors to digest information that contributes to Sinclair Broadcast's financial success or failures. It also enables traders to predict the movement of Sinclair Stock. The fundamental analysis module provides a way to measure Sinclair Broadcast's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Sinclair Broadcast stock.
Last ReportedProjected for Next Year
Total Assets6.6 B4.9 B
Intangibles To Total Assets 0.46  0.70 
The Sinclair Broadcast's current Intangibles To Total Assets is estimated to increase to 0.70, while Total Assets are projected to decrease to under 4.9 B.
  
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Sinclair Broadcast Group Company Total Asset Analysis

Sinclair Broadcast's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Sinclair Broadcast Total Asset

    
  6.61 B  
Most of Sinclair Broadcast's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sinclair Broadcast Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sinclair Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Sinclair Broadcast is extremely important. It helps to project a fair market value of Sinclair Stock properly, considering its historical fundamentals such as Total Asset. Since Sinclair Broadcast's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sinclair Broadcast's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sinclair Broadcast's interrelated accounts and indicators.
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Sinclair Total Asset Historical Pattern

Today, most investors in Sinclair Broadcast Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sinclair Broadcast's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Sinclair Broadcast total asset as a starting point in their analysis.
   Sinclair Broadcast Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Sinclair Total Assets

Total Assets

4.91 Billion

As of now, Sinclair Broadcast's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, Sinclair Broadcast Group has a Total Asset of 6.61 B. This is 76.09% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The total asset for all United States stocks is 77.57% higher than that of the company.

Sinclair Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sinclair Broadcast's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sinclair Broadcast could also be used in its relative valuation, which is a method of valuing Sinclair Broadcast by comparing valuation metrics of similar companies.
Sinclair Broadcast is currently under evaluation in total asset category among related companies.

Sinclair Broadcast Institutional Holders

Institutional Holdings refers to the ownership stake in Sinclair Broadcast that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sinclair Broadcast's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sinclair Broadcast's value.
Shares
Pinnacle Associates Inc2023-12-31
642.7 K
Morgan Stanley - Brokerage Accounts2023-12-31
431.6 K
Bank Of New York Mellon Corp2023-12-31
418.6 K
Millennium Management Llc2023-12-31
384.9 K
Northern Trust Corp2023-12-31
381.6 K
Goldman Sachs Group Inc2023-12-31
344 K
Aqr Capital Management Llc2023-12-31
327 K
Rsm Us Wealth Management Llc2023-12-31
228.9 K
Alliancebernstein L.p.2023-12-31
211.8 K
Gamco Investors, Inc. Et Al2023-12-31
3.5 M
Vanguard Group Inc2023-12-31
3.4 M

Sinclair Fundamentals

About Sinclair Broadcast Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sinclair Broadcast Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sinclair Broadcast using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sinclair Broadcast Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:
Check out Sinclair Broadcast Piotroski F Score and Sinclair Broadcast Altman Z Score analysis.
Note that the Sinclair Broadcast information on this page should be used as a complementary analysis to other Sinclair Broadcast's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast'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 Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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Is Sinclair Broadcast'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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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
(0.93)
Dividend Share
1
Earnings Share
(4.46)
Revenue Per Share
48.123
Quarterly Revenue Growth
(0.14)
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.