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 $2.9B, which brings its debt-to-equity ratio to 251.9%. Its total assets and total liabilities are $5.4B and $4.3B respectively. E.W. Scripps's EBIT is $240.4M making its interest coverage ratio 1.1. It has cash and short-term investments of $35.3M.
Key information
251.9%
Debt to equity ratio
US$2.91b
Debt
Interest coverage ratio | 1.1x |
Cash | US$35.32m |
Equity | US$1.16b |
Total liabilities | US$4.25b |
Total assets | US$5.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQ6B's short term assets ($676.1M) exceed its short term liabilities ($477.8M).
Long Term Liabilities: SQ6B's short term assets ($676.1M) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: SQ6B's net debt to equity ratio (248.8%) is considered high.
Reducing Debt: SQ6B's debt to equity ratio has increased from 74.4% to 251.9% 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 31.3% per year.