Beasley Broadcast Group Balance Sheet Health
Financial Health criteria checks 1/6
Beasley Broadcast Group has a total shareholder equity of $145.8M and total debt of $265.2M, which brings its debt-to-equity ratio to 181.9%. Its total assets and total liabilities are $571.5M and $425.6M respectively. Beasley Broadcast Group's EBIT is $9.0M making its interest coverage ratio 0.4. It has cash and short-term investments of $27.8M.
Key information
181.9%
Debt to equity ratio
US$265.21m
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$27.80m |
| Equity | US$145.83m |
| Total liabilities | US$425.65m |
| Total assets | US$571.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BZS0's short term assets ($87.6M) exceed its short term liabilities ($54.7M).
Long Term Liabilities: BZS0's short term assets ($87.6M) do not cover its long term liabilities ($371.0M).
Debt to Equity History and Analysis
Debt Level: BZS0's net debt to equity ratio (162.8%) is considered high.
Reducing Debt: BZS0's debt to equity ratio has increased from 87.1% to 181.9% over the past 5 years.
Debt Coverage: BZS0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BZS0's interest payments on its debt are not well covered by EBIT (0.4x coverage).