Entravision Cash vs Accounts Payable Analysis

EVC Stock  USD 2.08  0.06  2.97%   
Entravision Communications financial indicator trend analysis is much more than just examining Entravision Communications latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Entravision Communications is a good investment. Please check the relationship between Entravision Communications Cash and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Entravision Communications Cash account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Entravision Communications' Cash and Accounts Payable is 0.4. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Entravision Communications, assuming nothing else is changed. The correlation between historical values of Entravision Communications' Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of Entravision Communications are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., Entravision Communications' Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Cash

Cash refers to the most liquid asset of Entravision Communications, which is listed under current asset account on Entravision Communications balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Entravision Communications customers. The amounts must be unrestricted with restricted cash listed in a different Entravision Communications account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Accounts Payable

An accounting item on the balance sheet that represents Entravision Communications obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Entravision Communications are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Entravision Communications' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Entravision Communications 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.At present, Entravision Communications' Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 15.36, whereas Tax Provision is forecasted to decline to about 2.1 M.
 2021 2022 2023 2024 (projected)
Interest Expense7.0M10.9M17.3M18.9M
Depreciation And Amortization22.9M26.2M28.0M24.1M

Entravision Communications fundamental ratios Correlations

0.78-0.120.72-0.220.76-0.610.330.820.93-0.120.710.760.780.040.83-0.370.810.350.350.620.690.830.7-0.6-0.6
0.78-0.270.37-0.110.63-0.330.080.310.8-0.450.440.520.530.390.71-0.270.58-0.160.450.430.590.690.67-0.69-0.29
-0.12-0.27-0.42-0.26-0.39-0.50.80.09-0.320.93-0.44-0.4-0.13-0.880.110.11-0.360.660.08-0.32-0.37-0.5-0.360.77-0.64
0.720.37-0.420.060.74-0.40.120.760.71-0.20.760.720.580.060.49-0.170.740.32-0.040.610.580.750.4-0.54-0.35
-0.22-0.11-0.260.06-0.060.2-0.31-0.25-0.19-0.2-0.16-0.16-0.040.18-0.260.2-0.14-0.25-0.17-0.24-0.05-0.24-0.15-0.10.26
0.760.63-0.390.74-0.06-0.40.090.560.72-0.380.490.580.710.20.54-0.080.60.1-0.110.460.550.720.46-0.73-0.36
-0.61-0.33-0.5-0.40.2-0.4-0.87-0.75-0.5-0.5-0.35-0.45-0.60.61-0.790.32-0.49-0.740.0-0.46-0.45-0.37-0.3-0.030.86
0.330.080.80.12-0.310.09-0.870.520.170.780.030.060.22-0.860.52-0.070.110.830.070.10.00.0-0.080.43-0.9
0.820.310.090.76-0.250.56-0.750.520.760.240.770.790.68-0.310.75-0.440.80.710.110.680.620.70.55-0.25-0.65
0.930.8-0.320.71-0.190.72-0.50.170.76-0.320.840.870.680.260.8-0.490.890.20.40.730.770.940.83-0.67-0.36
-0.12-0.450.93-0.2-0.2-0.38-0.50.780.24-0.32-0.31-0.32-0.14-0.960.040.16-0.30.810.0-0.26-0.39-0.46-0.430.82-0.64
0.710.44-0.440.76-0.160.49-0.350.030.770.84-0.310.950.550.260.63-0.580.940.190.170.80.760.880.74-0.55-0.12
0.760.52-0.40.72-0.160.58-0.450.060.790.87-0.320.950.670.260.76-0.70.990.160.050.890.890.920.86-0.62-0.18
0.780.53-0.130.58-0.040.71-0.60.220.680.68-0.140.550.670.050.7-0.350.670.24-0.020.580.780.640.6-0.65-0.46
0.040.39-0.880.060.180.20.61-0.86-0.310.26-0.960.260.260.05-0.11-0.160.22-0.840.140.190.320.380.44-0.720.74
0.830.710.110.49-0.260.54-0.790.520.750.80.040.630.760.7-0.11-0.620.810.350.150.730.790.720.74-0.4-0.63
-0.37-0.270.11-0.170.2-0.080.32-0.07-0.44-0.490.16-0.58-0.7-0.35-0.16-0.62-0.68-0.04-0.02-0.82-0.73-0.55-0.780.290.03
0.810.58-0.360.74-0.140.6-0.490.110.80.89-0.30.940.990.670.220.81-0.680.180.080.860.890.920.86-0.63-0.25
0.35-0.160.660.32-0.250.1-0.740.830.710.20.810.190.160.24-0.840.35-0.040.180.110.160.00.08-0.050.45-0.79
0.350.450.08-0.04-0.17-0.110.00.070.110.40.00.170.05-0.020.140.15-0.020.080.11-0.01-0.020.210.26-0.02-0.12
0.620.43-0.320.61-0.240.46-0.460.10.680.73-0.260.80.890.580.190.73-0.820.860.16-0.010.890.850.81-0.51-0.16
0.690.59-0.370.58-0.050.55-0.450.00.620.77-0.390.760.890.780.320.79-0.730.890.0-0.020.890.830.88-0.71-0.16
0.830.69-0.50.75-0.240.72-0.370.00.70.94-0.460.880.920.640.380.72-0.550.920.080.210.850.830.85-0.73-0.17
0.70.67-0.360.4-0.150.46-0.3-0.080.550.83-0.430.740.860.60.440.74-0.780.86-0.050.260.810.880.85-0.65-0.05
-0.6-0.690.77-0.54-0.1-0.73-0.030.43-0.25-0.670.82-0.55-0.62-0.65-0.72-0.40.29-0.630.45-0.02-0.51-0.71-0.73-0.65-0.14
-0.6-0.29-0.64-0.350.26-0.360.86-0.9-0.65-0.36-0.64-0.12-0.18-0.460.74-0.630.03-0.25-0.79-0.12-0.16-0.16-0.17-0.05-0.14
Click cells to compare fundamentals

Entravision Communications Account Relationship Matchups

Entravision Communications fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets656.2M744.6M851.3M880.8M890.4M704.2M
Total Stockholder Equity288.2M276.0M256.9M270.4M222.5M321.3M
Net Debt233.3M133.4M55.5M149.6M156.0M209.9M
Cash33.1M119.2M185.1M110.7M106.5M64.7M
Other Assets21K301.8M(2K)10.9M12.5M11.9M
Cash And Short Term Investments124.8M147.2M185.1M155.2M119.7M77.8M
Common Stock Shares Outstanding85.1M84.2M87.9M87.8M87.9M78.1M
Liabilities And Stockholders Equity656.2M744.6M851.3M880.8M890.4M704.2M
Other Stockholder Equity836.2M828.8M780.4M776.3M743.2M1.0B
Total Liab368.0M468.7M594.4M595.5M624.2M524.0M
Total Current Assets209.4M307.6M408.5M407.9M385.9M405.1M
Short Long Term Debt Total266.5M252.5M240.6M260.3M262.5M267.2M
Other Current Liab(2.4M)71.4M148.0M155.0M142.5M149.6M
Total Current Liabilities66.0M134.4M224.9M248.2M272.1M285.7M
Property Plant And Equipment Net123.5M105.5M88.1M105.8M115.4M81.5M
Retained Earnings(547.9M)(551.8M)(522.5M)(504.4M)(519.8M)(545.8M)
Non Current Assets Total446.8M437.1M442.9M472.9M504.6M583.2M
Non Currrent Assets Other7.5M7.6M8.5M8.3M(224.9M)(213.7M)
Net Receivables71.4M142.0M201.7M224.7M235.8M247.6M
Non Current Liabilities Total302.0M334.2M369.6M347.2M352.1M338.3M
Other Current Assets13.2M20.9M21.6M27.2M30.3M29.7M
Property Plant And Equipment Gross123.5M105.5M272.0M105.8M313.0M328.7M
Short Term Debt12.1M10.3M12.2M10.8M17.3M18.1M
Other Liab47.6M58.7M141.2M97.8M112.5M118.1M
Accounts Payable53.9M49.7M58.8M75.2M108.2M113.6M
Long Term Debt213.0M210.5M207.4M207.3M199.6M263.0M
Good Will46.5M57.8M71.7M87.0M90.7M178.0M
Accumulated Other Comprehensive Income(131K)(1.1M)(977K)(1.5M)(915.0K)(960.7K)
Intangible Assets269.3M266.1M273.1M269.3M247.0M459.1M
Property Plant Equipment79.6M105.5M88.1M105.8M95.2M82.1M
Short Term Investments91.7M28.0M74.3M44.5M13.2M12.5M
Net Tangible Assets(27.7M)(47.9M)(90.5M)(85.8M)(98.7M)(103.6M)
Retained Earnings Total Equity(547.9M)(551.8M)(522.5M)(504.4M)(580.0M)(609.0M)
Long Term Debt Total213.0M210.5M207.4M207.3M186.6M220.0M
Capital Surpluse836.2M828.8M780.4M776.3M698.7M695.9M
Deferred Long Term Liab44.3M55.0M68.2M67.6M77.7M81.6M

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Additional Information and Resources on Investing in Entravision Stock

When determining whether Entravision Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Entravision Communications' 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 Entravision Communications Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Entravision Communications Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Entravision Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For information on how to trade Entravision Stock refer to our How to Trade Entravision Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Broadcasting space 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 Entravision Communications. If investors know Entravision 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 Entravision Communications 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
(0.73)
Dividend Share
0.2
Earnings Share
(0.06)
Revenue Per Share
12.672
Quarterly Revenue Growth
0.121
The market value of Entravision Communications is measured differently than its book value, which is the value of Entravision that is recorded on the company's balance sheet. Investors also form their own opinion of Entravision Communications' value that differs from its market value or its book value, called intrinsic value, which is Entravision Communications' 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 Entravision Communications' market value can be influenced by many factors that don't directly affect Entravision Communications' 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 Entravision Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Entravision Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Entravision Communications' 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.