Broadcasting Companies By Working Capital

Working Capital
Working CapitalEfficiencyMarket RiskExp Return
1FOXA Fox Corp Class
4.55 B
 0.13 
 1.45 
 0.18 
2FOX Fox Corp Class
4.55 B
 0.11 
 1.41 
 0.15 
3PARA Paramount Global Class
2.91 B
 0.12 
 1.59 
 0.20 
4AMCX AMC Networks
968.14 M
(0.15)
 3.20 
(0.47)
5TGNA Tegna Inc
894.13 M
 0.04 
 1.74 
 0.06 
6SBGI Sinclair Broadcast Group
880 M
 0.05 
 2.57 
 0.12 
7NXST Nexstar Broadcasting Group
514 M
 0.12 
 2.14 
 0.25 
8IHRT iHeartMedia Class A
491.56 M
 0.00 
 5.59 
 0.02 
9UONEK Urban One Class
289.34 M
(0.13)
 3.84 
(0.50)
10SSP E W Scripps
147.62 M
 0.13 
 9.06 
 1.13 
11EVC Entravision Communications
124.67 M
(0.01)
 4.96 
(0.06)
12CMLS Cumulus Media Class
114.27 M
(0.07)
 6.62 
(0.44)
13TSQ Townsquare Media
56.09 M
(0.10)
 2.17 
(0.22)
14BBGI Beasley Broadcast Group
38.35 M
(0.17)
 3.31 
(0.56)
15SGA Saga Communications
32.62 M
 0.08 
 2.40 
 0.18 
16CURIW CuriosityStream
21.89 M
 0.11 
 21.09 
 2.28 
17GTN Gray Television
14 M
 0.21 
 4.02 
 0.84 
18GTN-A Gray Television
14 M
 0.08 
 4.51 
 0.37 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.