Sinclair Broadcast Group Inc
Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free over-the-air programming and live local sporting events on its stations; distributes its content to multi-ch… Read more
Sinclair Broadcast Group Inc (SBGI) - Net Assets
Latest net assets as of September 2025: $276.00 Million USD
Based on the latest financial reports, Sinclair Broadcast Group Inc (SBGI) has net assets worth $276.00 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.57 Billion) and total liabilities ($5.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $276.00 Million |
| % of Total Assets | 4.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | 3.27% |
| Growth Volatility | 84.31 |
Sinclair Broadcast Group Inc - Net Assets Trend (1994–2024)
This chart illustrates how Sinclair Broadcast Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinclair Broadcast Group Inc (1994–2024)
The table below shows the annual net assets of Sinclair Broadcast Group Inc from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $516.00 Million | +133.48% |
| 2023-12-31 | $221.00 Million | -67.55% |
| 2022-12-31 | $681.00 Million | +139.92% |
| 2021-12-31 | $-1.71 Billion | -43.97% |
| 2020-12-31 | $-1.19 Billion | -169.95% |
| 2019-12-31 | $1.69 Billion | +5.85% |
| 2018-12-31 | $1.60 Billion | +4.30% |
| 2017-12-31 | $1.53 Billion | +175.01% |
| 2016-12-31 | $557.94 Million | +11.66% |
| 2015-12-31 | $499.68 Million | +23.27% |
| 2014-12-31 | $405.34 Million | -0.09% |
| 2013-12-31 | $405.70 Million | +505.49% |
| 2012-12-31 | $-100.05 Million | +10.16% |
| 2011-12-31 | $-111.36 Million | +29.11% |
| 2010-12-31 | $-157.08 Million | +22.32% |
| 2009-12-31 | $-202.22 Million | -185.78% |
| 2008-12-31 | $235.75 Million | -7.85% |
| 2007-12-31 | $255.84 Million | -4.30% |
| 2006-12-31 | $267.33 Million | +19.89% |
| 2005-12-31 | $222.98 Million | -2.12% |
| 2004-12-31 | $227.82 Million | -1.62% |
| 2003-12-31 | $231.57 Million | +8.25% |
| 2002-12-31 | $213.93 Million | -72.44% |
| 2001-12-31 | $776.29 Million | -30.53% |
| 2000-12-31 | $1.12 Billion | -5.20% |
| 1999-12-31 | $1.18 Billion | +43.83% |
| 1998-12-31 | $819.60 Million | +49.84% |
| 1997-12-31 | $547.00 Million | +126.78% |
| 1996-12-31 | $241.20 Million | +144.38% |
| 1995-12-31 | $98.70 Million | +847.73% |
| 1994-12-31 | $-13.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinclair Broadcast Group Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3040000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.00 Million | 1.72% |
| Common Stock | $1.00 Million | 0.17% |
| Other Comprehensive Income | $2.00 Million | 0.34% |
| Other Components | $570.00 Million | 97.77% |
| Total Equity | $583.00 Million | 100.00% |
Sinclair Broadcast Group Inc Competitors by Market Cap
The table below lists competitors of Sinclair Broadcast Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Navient Corp
NASDAQ:NAVI
|
$521.34 Million |
|
INVENTIVA S.A.(PROM.)-01
F:6IV
|
$521.37 Million |
|
Financiere de l'Odet
STU:49F
|
$521.40 Million |
|
Hannstar Display Corp
TW:6116
|
$521.49 Million |
|
Anhui Quanchai Engine Co Ltd
SHG:600218
|
$521.09 Million |
|
Ningbo Henghe Mould Co Ltd
SHE:300539
|
$520.82 Million |
|
Bonheur ASA
PINK:BNHUF
|
$520.79 Million |
|
Shenzhen Haoningda Meters Co Ltd
SHE:002356
|
$520.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinclair Broadcast Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 285,000,000 to 583,000,000, a change of 298,000,000 (104.6%).
- Net income of 310,000,000 contributed positively to equity growth.
- Dividend payments of 66,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,000,000.
- Other factors increased equity by 53,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $310.00 Million | +53.17% |
| Dividends Paid | $66.00 Million | -11.32% |
| Other Comprehensive Income | $1.00 Million | +0.17% |
| Other Changes | $53.00 Million | +9.09% |
| Total Change | $- | 104.56% |
Book Value vs Market Value Analysis
This analysis compares Sinclair Broadcast Group Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $-0.22 | $14.07 | x |
| 1995-12-31 | $1.57 | $14.07 | x |
| 1996-12-31 | $4.31 | $14.07 | x |
| 1997-12-31 | $9.23 | $14.07 | x |
| 1998-12-31 | $8.54 | $14.07 | x |
| 1999-12-31 | $9.48 | $14.07 | x |
| 2000-12-31 | $9.93 | $14.07 | x |
| 2001-12-31 | $8.31 | $14.07 | x |
| 2002-12-31 | $2.47 | $14.07 | x |
| 2003-12-31 | $2.61 | $14.07 | x |
| 2004-12-31 | $2.62 | $14.07 | x |
| 2005-12-31 | $2.60 | $14.07 | x |
| 2006-12-31 | $3.11 | $14.07 | x |
| 2007-12-31 | $2.90 | $14.07 | x |
| 2008-12-31 | $2.56 | $14.07 | x |
| 2009-12-31 | $-2.53 | $14.07 | x |
| 2010-12-31 | $-1.88 | $14.07 | x |
| 2011-12-31 | $-1.38 | $14.07 | x |
| 2012-12-31 | $-1.23 | $14.07 | x |
| 2013-12-31 | $4.22 | $14.07 | x |
| 2014-12-31 | $4.37 | $14.07 | x |
| 2015-12-31 | $5.49 | $14.07 | x |
| 2016-12-31 | $6.23 | $14.07 | x |
| 2017-12-31 | $15.56 | $14.07 | x |
| 2018-12-31 | $16.11 | $14.07 | x |
| 2019-12-31 | $16.12 | $14.07 | x |
| 2020-12-31 | $-15.94 | $14.07 | x |
| 2021-12-31 | $-23.58 | $14.07 | x |
| 2022-12-31 | $10.59 | $14.07 | x |
| 2023-12-31 | $4.38 | $14.07 | x |
| 2024-12-31 | $8.82 | $14.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinclair Broadcast Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 53.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.74%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 10.09x
- Recent ROE (53.17%) is above the historical average (14.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 0.00% | -2.83% | 0.31x | 0.00x | $-1.94 Million |
| 1995 | 0.10% | 0.05% | 0.34x | 6.28x | $-9.54 Million |
| 1996 | 0.46% | 0.29% | 0.22x | 7.19x | $-22.63 Million |
| 1997 | -1.95% | -2.05% | 0.25x | 3.74x | $-64.93 Million |
| 1998 | -2.07% | -2.29% | 0.19x | 4.72x | $-98.50 Million |
| 1999 | 17.20% | 22.86% | 0.20x | 3.71x | $70.21 Million |
| 2000 | 8.48% | 9.81% | 0.23x | 3.73x | $-13.89 Million |
| 2001 | -16.55% | -17.98% | 0.21x | 4.36x | $-204.92 Million |
| 2002 | -267.30% | -76.72% | 0.28x | 12.34x | $-585.61 Million |
| 2003 | 10.65% | 3.30% | 0.29x | 11.20x | $1.49 Million |
| 2004 | 10.60% | 3.39% | 0.29x | 10.88x | $1.37 Million |
| 2005 | 84.37% | 27.07% | 0.30x | 10.29x | $165.11 Million |
| 2006 | 38.49% | 14.35% | 0.31x | 8.52x | $75.96 Million |
| 2007 | 17.06% | 6.00% | 0.32x | 8.80x | $17.84 Million |
| 2008 | 28.10% | 8.17% | 0.33x | 10.38x | $39.71 Million |
| 2009 | 0.00% | -20.67% | 0.41x | 0.00x | $-115.47 Million |
| 2010 | 0.00% | 9.93% | 0.52x | 0.00x | $91.86 Million |
| 2011 | 0.00% | 9.90% | 0.49x | 0.00x | $86.93 Million |
| 2012 | 0.00% | 13.63% | 0.39x | 0.00x | $154.67 Million |
| 2013 | 18.54% | 5.39% | 0.33x | 10.46x | $33.83 Million |
| 2014 | 49.61% | 10.74% | 0.36x | 12.74x | $169.49 Million |
| 2015 | 32.62% | 7.73% | 0.41x | 10.33x | $118.94 Million |
| 2016 | 41.72% | 8.96% | 0.46x | 10.14x | $186.50 Million |
| 2017 | 36.72% | 21.07% | 0.40x | 4.32x | $419.14 Million |
| 2018 | 20.82% | 11.17% | 0.46x | 4.01x | $177.36 Million |
| 2019 | 3.13% | 1.11% | 0.24x | 11.56x | $-103.20 Million |
| 2020 | 0.00% | -40.62% | 0.44x | 0.00x | $-2.29 Billion |
| 2021 | 0.00% | -6.75% | 0.49x | 0.00x | $-237.00 Million |
| 2022 | 354.55% | 67.52% | 0.59x | 8.96x | $2.58 Billion |
| 2023 | -102.11% | -9.29% | 0.52x | 21.35x | $-319.50 Million |
| 2024 | 53.17% | 8.74% | 0.60x | 10.09x | $251.70 Million |
Industry Comparison
This section compares Sinclair Broadcast Group Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $461,004,694
- Average return on equity (ROE) among peers: -112.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinclair Broadcast Group Inc (SBGI) | $276.00 Million | 0.00% | 19.17x | $521.17 Million |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Freedom Holdings Inc (FHLD) | $268.93K | -415.05% | 9.21x | $894.13K |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |