Saga Communications Balance Sheet Health
Financial Health criteria checks 6/6
Saga Communications has a total shareholder equity of $170.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $232.2M and $61.7M respectively. Saga Communications's EBIT is $11.6M making its interest coverage ratio -9.2. It has cash and short-term investments of $40.2M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -9.2x |
| Cash | US$40.18m |
| Equity | US$170.55m |
| Total liabilities | US$61.66m |
| Total assets | US$232.21m |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Saga Communications' (NASDAQ:SGA) Returns On Capital
Dec 11
Saga Communications raises dividend by 25% to $0.25, special dividend of $2
Sep 20Saga Communications: An Acquisition Target?
Aug 29Saga Communications CEO passed away
Aug 22Saga Communications GAAP EPS of $0.63, revenue of $29.82M
Aug 05Investors Could Be Concerned With Saga Communications' (NASDAQ:SGA) Returns On Capital
Jun 08We Think Shareholders May Want To Consider A Review Of Saga Communications, Inc.'s (NASDAQ:SGA) CEO Compensation Package
May 04Calculating The Fair Value Of Saga Communications, Inc. (NASDAQ:SGA)
Mar 15These 4 Measures Indicate That Saga Communications (NASDAQ:SGA) Is Using Debt Reasonably Well
Feb 16
What Type Of Returns Would Saga Communications'(NASDAQ:SGA) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 12How Much Is Saga Communications' (NASDAQ:SGA) CEO Getting Paid?
Dec 07Financial Position Analysis
Short Term Liabilities: SGA's short term assets ($60.6M) exceed its short term liabilities ($28.0M).
Long Term Liabilities: SGA's short term assets ($60.6M) exceed its long term liabilities ($33.6M).
Debt to Equity History and Analysis
Debt Level: SGA is debt free.
Reducing Debt: SGA has no debt compared to 5 years ago when its debt to equity ratio was 10.8%.
Debt Coverage: SGA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SGA has no debt, therefore coverage of interest payments is not a concern.