E.W. Scripps Balance Sheet Health
Financial Health criteria checks 3/6
E.W. Scripps has a total shareholder equity of $1.2B and total debt of $2.8B, which brings its debt-to-equity ratio to 225.8%. Its total assets and total liabilities are $5.3B and $4.0B respectively. E.W. Scripps's EBIT is $314.7M making its interest coverage ratio 1.5. It has cash and short-term investments of $34.6M.
Key information
225.8%
Debt to equity ratio
US$2.75b
Debt
| Interest coverage ratio | 1.5x |
| Cash | US$34.64m |
| Equity | US$1.22b |
| Total liabilities | US$4.03b |
| Total assets | US$5.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ6B's short term assets ($629.5M) exceed its short term liabilities ($470.6M).
Long Term Liabilities: SQ6B's short term assets ($629.5M) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: SQ6B's net debt to equity ratio (222.9%) is considered high.
Reducing Debt: SQ6B's debt to equity ratio has increased from 216.6% to 225.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SQ6B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SQ6B is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.5% per year.