Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Sinclair's share price for the quarter that ended in Dec. 2023 was $13.03. Sinclair's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 64 Mil. Therefore, Sinclair's market cap for the quarter that ended in Dec. 2023 was $828 Mil.
Sinclair's quarterly market cap
declined
from Jun. 2023 ($871 Mil) to Sep. 2023 ($712 Mil) but then
increased
from Sep. 2023 ($712 Mil) to Dec. 2023 ($828 Mil).
Sinclair's annual market cap
declined
from Dec. 2021 ($1,932 Mil) to Dec. 2022 ($1,080 Mil) and
declined
from Dec. 2022 ($1,080 Mil) to Dec. 2023 ($828 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sinclair's Enterprise Value for Today is $4,457 Mil.
Sinclair Market Cap Historical Data
The historical data trend for Sinclair's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Entertainment subindustry, Sinclair's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sinclair's Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sinclair's Market Cap distribution charts can be found below:
* The bar in red indicates where Sinclair's Market Cap falls into.
Sinclair Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sinclair's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sinclair (NAS:SBGI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sinclair Market Cap Related Terms
Thank you for viewing the detailed overview of Sinclair's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
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