Sinclair Broadcast Group Inc (SBGI) - Net Assets
Based on the latest financial reports, Sinclair Broadcast Group Inc (SBGI) has net assets worth $392.00 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.78 Billion) and total liabilities ($5.38 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. Check SBGI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $392.00 Million |
| % of Total Assets | 6.79% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -33.68% |
| Growth Volatility | 82.87 |
Sinclair Broadcast Group Inc - Net Assets Trend (1994–2025)
This chart illustrates how Sinclair Broadcast Group Inc's net assets have evolved over time, based on quarterly financial data. See Sinclair Broadcast Group Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sinclair Broadcast Group Inc (1994–2025)
The table below shows the annual net assets of Sinclair Broadcast Group Inc from 1994 to 2025. For live valuation and market cap data, see how much is Sinclair Broadcast Group Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $370.00 Million | -28.29% |
| 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 decreased by 15060000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00 Million | 0.23% |
| Other Components | $613.00 Million | 138.37% |
| Total Equity | $443.00 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 |
|---|---|
|
Global PMX Co Ltd
TW:4551
|
$666.13 Million |
|
SEC Electric Mach Co Ltd
SHG:603988
|
$666.32 Million |
|
Shenzhen Aoto Electronics Co Ltd
SHE:002587
|
$666.44 Million |
|
MIPS AB
ST:MIPS
|
$666.53 Million |
|
Washington Trust Bancorp Inc
NASDAQ:WASH
|
$666.02 Million |
|
Nanjing Bestway Intelligent Control Technology Co. Ltd. A
SHE:301195
|
$665.78 Million |
|
Yunnan Tourism Co Ltd
SHE:002059
|
$665.20 Million |
|
Harbin Dongan Auto Engine Co Ltd
SHG:600178
|
$664.85 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 2024 to 2025, total equity changed from 583,000,000 to 443,000,000, a change of -140,000,000 (-24.0%).
- Net loss of 112,000,000 reduced equity.
- Dividend payments of 69,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 2,000,000.
- Other factors increased equity by 43,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-112.00 Million | -25.28% |
| Dividends Paid | $69.00 Million | -15.58% |
| Other Comprehensive Income | $-2.00 Million | -0.45% |
| Other Changes | $43.00 Million | +9.71% |
| Total Change | $- | -24.01% |
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: 2.15x
- 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 | $13.76 | x |
| 1995-12-31 | $1.57 | $13.76 | x |
| 1996-12-31 | $4.31 | $13.76 | x |
| 1997-12-31 | $9.23 | $13.76 | x |
| 1998-12-31 | $8.54 | $13.76 | x |
| 1999-12-31 | $9.48 | $13.76 | x |
| 2000-12-31 | $9.93 | $13.76 | x |
| 2001-12-31 | $8.31 | $13.76 | x |
| 2002-12-31 | $2.47 | $13.76 | x |
| 2003-12-31 | $2.61 | $13.76 | x |
| 2004-12-31 | $2.62 | $13.76 | x |
| 2005-12-31 | $2.61 | $13.76 | x |
| 2006-12-31 | $3.11 | $13.76 | x |
| 2007-12-31 | $2.90 | $13.76 | x |
| 2008-12-31 | $2.56 | $13.76 | x |
| 2009-12-31 | $-2.53 | $13.76 | x |
| 2010-12-31 | $-1.88 | $13.76 | x |
| 2011-12-31 | $-1.38 | $13.76 | x |
| 2012-12-31 | $-1.23 | $13.76 | x |
| 2013-12-31 | $4.22 | $13.76 | x |
| 2014-12-31 | $4.37 | $13.76 | x |
| 2015-12-31 | $5.49 | $13.76 | x |
| 2016-12-31 | $6.23 | $13.76 | x |
| 2017-12-31 | $15.56 | $13.76 | x |
| 2018-12-31 | $16.11 | $13.76 | x |
| 2019-12-31 | $16.12 | $13.76 | x |
| 2020-12-31 | $-15.94 | $13.76 | x |
| 2021-12-31 | $-23.58 | $13.76 | x |
| 2022-12-31 | $10.59 | $13.76 | x |
| 2023-12-31 | $4.38 | $13.76 | x |
| 2024-12-31 | $8.82 | $13.76 | x |
| 2025-12-31 | $6.41 | $13.76 | 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): -25.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.53%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 13.43x
- Recent ROE (-25.28%) is below the historical average (12.84%), suggesting potential challenges in 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 | 84.00% | 27.07% | 0.30x | 10.25x | $165.01 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 |
| 2025 | -25.28% | -3.53% | 0.53x | 13.43x | $-156.30 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: $125,137,372
- Average return on equity (ROE) among peers: 2.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinclair Broadcast Group Inc (SBGI) | $392.00 Million | 0.00% | 13.73x | $666.13 Million |
| Beasley Broadcast Group Inc (BBGI) | $202.49 Million | 23.45% | 2.27x | $19.62 Million |
| FreeCast, Inc. Class A Common Stock (CAST) | $-7.91 Million | 0.00% | 0.00x | $28.01 Million |
| Cumulus Media Inc Class A (CMLS) | $591.58 Million | -0.39% | 0.61x | $2.54 Million |
| Curiositystream Inc. (CURI) | $161.94 Million | -23.24% | 0.34x | $149.24 Million |
| CuriosityStream Inc (CURIW) | $117.63 Million | -43.29% | 0.31x | $120.95 |
| Fubotv Inc (FUBO) | $2.65 Billion | 5.87% | 0.54x | $273.16 Million |
| Gray Television Inc (GTN) | $36.20 Million | 8.84% | 0.15x | $360.75 Million |
| Gray Television Inc (GTN-A) | $5.00 Million | 56.00% | 12.76x | $79.25 Million |
| iHeartMedia Inc Class A (IHRT) | $-2.49 Billion | 0.00% | 0.00x | $518.95 Million |
| Mediaco Holding Inc (MDIA) | $-16.57 Million | 0.00% | 0.00x | $55.62 Million |
About 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