Sports Capital Expenditures vs Investments Analysis

SEG Stock

0.20 0.02 9.09%

Sports Entertainment financial indicator trend analysis is much more than just breaking down Sports Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sports Entertainment is a good investment. Please check the relationship between Sports Entertainment Capital Expenditures and its Investments accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sports Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Capital Expenditures vs Investments

Capital Expenditures vs Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sports Entertainment Capital Expenditures account and Investments. At this time, the significance of the direction appears to have weak relationship.

The correlation between Sports Entertainment's Capital Expenditures and Investments is 0.3. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Investments in the same time period over historical financial statements of Sports Entertainment Group, assuming nothing else is changed. The correlation between historical values of Sports Entertainment's Capital Expenditures and Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Sports Entertainment Group are associated (or correlated) with its Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Investments has no effect on the direction of Capital Expenditures i.e., Sports Entertainment's Capital Expenditures and Investments go up and down completely randomly.

Correlation Coefficient

0.3

Relationship Direction	Positive
Relationship Strength	Very Weak

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Capital Expenditures

Capital Expenditures are funds used by Sports Entertainment to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Sports Entertainment operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Most indicators from Sports Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sports Entertainment 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sports Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, Sports Entertainment's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 638.8 K in 2024, despite the fact that Tax Provision is likely to grow to (708.8 K).

	2021	2022	2023	2024 (projected)
Interest Expense	1.7M	2.6M	2.8M	2.9M
Depreciation And Amortization	8.9M	9.4M	8.2M	8.7M

Interest Expense Depreciation And Amortization

Sports Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant And Equipment Net	Current Deferred Revenue	Non Currrent Assets Other	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Stockholder Equity
Total Assets		0.98	0.97	0.91	0.96	0.96	0.22	0.99	0.71	1.0	0.71	0.96	0.87	0.99	0.97	0.55	0.97	0.17	0.96	0.82	0.42	0.95	0.76	0.96	0.72	-0.27
Short Long Term Debt Total	0.98		0.93	0.93	0.89	0.99	0.22	0.99	0.66	0.99	0.66	0.92	0.87	0.99	0.92	0.62	0.98	0.15	0.98	0.83	0.36	0.89	0.7	0.95	0.69	-0.24
Other Current Liab	0.97	0.93		0.91	0.94	0.91	0.3	0.94	0.63	0.96	0.63	0.94	0.76	0.95	0.94	0.57	0.93	0.1	0.91	0.78	0.39	0.97	0.79	0.89	0.68	-0.18
Total Current Liabilities	0.91	0.93	0.91		0.82	0.94	0.22	0.9	0.49	0.92	0.49	0.87	0.76	0.93	0.85	0.83	0.93	0.13	0.89	0.83	0.25	0.87	0.75	0.79	0.64	-0.22
Total Stockholder Equity	0.96	0.89	0.94	0.82		0.85	0.2	0.93	0.77	0.94	0.77	0.95	0.86	0.91	0.98	0.42	0.88	0.22	0.89	0.7	0.4	0.95	0.75	0.9	0.72	-0.24
Net Debt	0.96	0.99	0.91	0.94	0.85		0.29	0.97	0.54	0.97	0.54	0.91	0.85	0.98	0.86	0.68	0.98	0.06	0.96	0.82	0.31	0.86	0.73	0.92	0.62	-0.16
Retained Earnings	0.22	0.22	0.3	0.22	0.2	0.29		0.25	-0.26	0.23	-0.26	0.33	0.24	0.22	0.16	0.16	0.23	-0.9	0.18	0.08	0.05	0.21	0.54	0.2	-0.06	0.66
Accounts Payable	0.99	0.99	0.94	0.9	0.93	0.97	0.25		0.71	0.99	0.71	0.94	0.9	0.99	0.95	0.55	0.98	0.14	0.96	0.81	0.37	0.92	0.74	0.96	0.69	-0.24
Cash	0.71	0.66	0.63	0.49	0.77	0.54	-0.26	0.71		0.68	1.0	0.6	0.65	0.67	0.81	0.05	0.63	0.55	0.66	0.57	0.45	0.71	0.31	0.75	0.75	-0.55
Non Current Assets Total	1.0	0.99	0.96	0.92	0.94	0.97	0.23	0.99	0.68		0.68	0.96	0.86	1.0	0.95	0.58	0.97	0.15	0.97	0.83	0.41	0.93	0.75	0.96	0.7	-0.25
Cash And Short Term Investments	0.71	0.66	0.63	0.49	0.77	0.54	-0.26	0.71	1.0	0.68		0.6	0.65	0.67	0.81	0.05	0.63	0.55	0.66	0.57	0.45	0.71	0.31	0.75	0.75	-0.55
Common Stock Shares Outstanding	0.96	0.92	0.94	0.87	0.95	0.91	0.33	0.94	0.6	0.96	0.6		0.85	0.95	0.93	0.5	0.9	0.06	0.9	0.76	0.45	0.91	0.85	0.91	0.65	-0.18
Other Current Assets	0.87	0.87	0.76	0.76	0.86	0.85	0.24	0.9	0.65	0.86	0.65	0.85		0.85	0.85	0.47	0.83	0.14	0.88	0.56	0.12	0.76	0.67	0.83	0.53	-0.1
Total Liab	0.99	0.99	0.95	0.93	0.91	0.98	0.22	0.99	0.67	1.0	0.67	0.95	0.85		0.93	0.6	0.98	0.15	0.96	0.86	0.41	0.92	0.74	0.96	0.71	-0.28
Total Current Assets	0.97	0.92	0.94	0.85	0.98	0.86	0.16	0.95	0.81	0.95	0.81	0.93	0.85	0.93		0.45	0.91	0.24	0.88	0.78	0.43	0.97	0.76	0.91	0.79	-0.34
Short Term Debt	0.55	0.62	0.57	0.83	0.42	0.68	0.16	0.55	0.05	0.58	0.05	0.5	0.47	0.6	0.45		0.65	0.05	0.57	0.56	-0.13	0.5	0.48	0.36	0.34	-0.03
Intangible Assets	0.97	0.98	0.93	0.93	0.88	0.98	0.23	0.98	0.63	0.97	0.63	0.9	0.83	0.98	0.91	0.65		0.14	0.94	0.85	0.31	0.91	0.73	0.93	0.68	-0.3
Common Stock	0.17	0.15	0.1	0.13	0.22	0.06	-0.9	0.14	0.55	0.15	0.55	0.06	0.14	0.15	0.24	0.05	0.14		0.2	0.17	0.03	0.18	-0.2	0.15	0.33	-0.73
Property Plant And Equipment Net	0.96	0.98	0.91	0.89	0.89	0.96	0.18	0.96	0.66	0.97	0.66	0.9	0.88	0.96	0.88	0.57	0.94	0.2		0.72	0.27	0.85	0.64	0.93	0.6	-0.16
Current Deferred Revenue	0.82	0.83	0.78	0.83	0.7	0.82	0.08	0.81	0.57	0.83	0.57	0.76	0.56	0.86	0.78	0.56	0.85	0.17	0.72		0.62	0.8	0.62	0.8	0.73	-0.55
Non Currrent Assets Other	0.42	0.36	0.39	0.25	0.4	0.31	0.05	0.37	0.45	0.41	0.45	0.45	0.12	0.41	0.43	-0.13	0.31	0.03	0.27	0.62		0.4	0.27	0.51	0.53	-0.37
Net Receivables	0.95	0.89	0.97	0.87	0.95	0.86	0.21	0.92	0.71	0.93	0.71	0.91	0.76	0.92	0.97	0.5	0.91	0.18	0.85	0.8	0.4		0.81	0.87	0.77	-0.33
Good Will	0.76	0.7	0.79	0.75	0.75	0.73	0.54	0.74	0.31	0.75	0.31	0.85	0.67	0.74	0.76	0.48	0.73	-0.2	0.64	0.62	0.27	0.81		0.66	0.51	-0.04
Non Current Liabilities Total	0.96	0.95	0.89	0.79	0.9	0.92	0.2	0.96	0.75	0.96	0.75	0.91	0.83	0.96	0.91	0.36	0.93	0.15	0.93	0.8	0.51	0.87	0.66		0.69	-0.3
Inventory	0.72	0.69	0.68	0.64	0.72	0.62	-0.06	0.69	0.75	0.7	0.75	0.65	0.53	0.71	0.79	0.34	0.68	0.33	0.6	0.73	0.53	0.77	0.51	0.69		-0.53
Other Stockholder Equity	-0.27	-0.24	-0.18	-0.22	-0.24	-0.16	0.66	-0.24	-0.55	-0.25	-0.55	-0.18	-0.1	-0.28	-0.34	-0.03	-0.3	-0.73	-0.16	-0.55	-0.37	-0.33	-0.04	-0.3	-0.53

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Sports Entertainment Account Relationship Matchups

Sports Entertainment fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	90.6M	121.5M	148.9M	148.8M	147.2M	154.5M
Short Long Term Debt Total	28.4M	37.2M	48.4M	51.3M	43.5M	45.7M
Other Current Liab	4.7M	13.1M	12.9M	12.9M	12.7M	13.4M
Total Current Liabilities	19.6M	39.6M	30.3M	62.3M	35.7M	37.5M
Total Stockholder Equity	42.2M	48.7M	58.9M	49.0M	55.7M	58.5M
Net Debt	20.7M	31.9M	35.8M	45.4M	32.8M	34.4M
Retained Earnings	(16.8M)	(13.9M)	(9.5M)	(18.8M)	(15.6M)	(16.4M)
Accounts Payable	7.1M	7.4M	11.4M	10.9M	10.1M	10.6M
Cash	7.7M	5.3M	12.6M	5.9M	10.7M	11.3M
Non Current Assets Total	68.3M	98.0M	111.5M	116.2M	111.7M	117.3M
Cash And Short Term Investments	7.7M	5.3M	12.6M	5.9M	10.7M	11.3M
Common Stock Shares Outstanding	205.9M	236.4M	240.9M	261.1M	277.8M	291.7M
Liabilities And Stockholders Equity	90.6M	121.5M	148.9M	148.8M	147.2M	154.5M
Other Current Assets	7.8M	3.7M	7.6M	6.4M	4.5M	4.7M
Total Liab	48.4M	72.8M	90.0M	99.8M	90.9M	95.5M
Total Current Assets	22.4M	23.5M	37.4M	32.7M	35.4M	37.2M
Short Term Debt	6.8M	17.7M	3.3M	31.9M	6.4M	5.8M
Intangible Assets	32.3M	48.3M	68.8M	78.5M	59.4M	62.4M
Common Stock	57.2M	61.5M	68.0M	67.9M	70.0M	49.6M
Property Plant And Equipment Net	23.1M	34.8M	39.5M	33.6M	28.7M	30.1M
Current Deferred Revenue	416K	1.5M	2.3M	6.6M	6.1M	6.4M
Non Currrent Assets Other	1.2M	94K	500K	(16.5M)	76.2M	80.0M
Net Receivables	7.0M	14.4M	20.7M	20.1M	19.7M	20.7M
Good Will	10.8M	11.2M	13.7M	16.9M	16.8M	12.4M
Non Current Liabilities Total	28.8M	33.2M	59.7M	37.5M	55.3M	58.0M
Other Stockholder Equity	850K	1.1M	355K	(177K)	(203.6K)	(193.4K)
Accumulated Other Comprehensive Income	992K	1.1M	355K	(177K)	1.3M	679.9K
Short Long Term Debt	5.9M	15.9M	328K	28.7M	33.0M	34.6M
Other Assets	1.2M	2.6M	3.1M	3.9M	4.5M	4.7M
Long Term Debt	8.9M	624K	23.9M	133K	153.0K	145.3K
Long Term Debt Total	21.5M	19.5M	45.1M	19.3M	22.2M	16.4M
Property Plant Equipment	23.1M	34.8M	39.5M	33.6M	38.6M	19.8M
Other Liab	8.0M	13.7M	14.6M	18.2M	20.9M	10.5M
Net Tangible Assets	(1.5M)	(10.9M)	(9.9M)	(29.5M)	(26.5M)	(25.2M)
Net Invested Capital	57.0M	65.2M	83.1M	77.8M	89.5M	62.7M
Long Term Investments	951K	1.1M	78K	132K	118.8K	112.9K
Cash And Equivalents	7.7M	5.3M	12.6M	5.9M	6.8M	7.2M
Net Working Capital	2.8M	(16.2M)	7.0M	(30.4M)	(27.3M)	(26.0M)
Capital Stock	57.2M	61.5M	68.0M	67.9M	78.1M	68.1M

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