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
Does E.W. Scripps (NASDAQ:SSP) Have A Healthy Balance Sheet?
Oct 04
These 4 Measures Indicate That E.W. Scripps (NASDAQ:SSP) Is Using Debt In A Risky Way
Dec 15Is E.W. Scripps (NASDAQ:SSP) A Risky Investment?
Aug 27Is E.W. Scripps (NASDAQ:SSP) Using Too Much Debt?
Feb 11Recent updates
The E.W. Scripps Company's (NASDAQ:SSP) Shares Leap 55% Yet They're Still Not Telling The Full Story
Oct 12Does E.W. Scripps (NASDAQ:SSP) Have A Healthy Balance Sheet?
Oct 04Take Care Before Diving Into The Deep End On The E.W. Scripps Company (NASDAQ:SSP)
Aug 05US$10.13: That's What Analysts Think The E.W. Scripps Company (NASDAQ:SSP) Is Worth After Its Latest Results
May 13Here's Why It's Unlikely That The E.W. Scripps Company's (NASDAQ:SSP) CEO Will See A Pay Rise This Year
Apr 30The E.W. Scripps Company (NASDAQ:SSP) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Apr 04Investors Give The E.W. Scripps Company (NASDAQ:SSP) Shares A 30% Hiding
Feb 08These 4 Measures Indicate That E.W. Scripps (NASDAQ:SSP) Is Using Debt In A Risky Way
Dec 15A Look At The Fair Value Of The E.W. Scripps Company (NASDAQ:SSP)
Nov 07Is E.W. Scripps (NASDAQ:SSP) A Risky Investment?
Aug 27Does This Valuation Of The E.W. Scripps Company (NASDAQ:SSP) Imply Investors Are Overpaying?
Aug 09At US$10.14, Is The E.W. Scripps Company (NASDAQ:SSP) Worth Looking At Closely?
Jul 19Should You Be Adding E.W. Scripps (NASDAQ:SSP) To Your Watchlist Today?
May 21The E.W. Scripps Company's (NASDAQ:SSP) Intrinsic Value Is Potentially 97% Above Its Share Price
Apr 27A Look At The Intrinsic Value Of The E.W. Scripps Company (NASDAQ:SSP)
Dec 06Is It Time To Consider Buying The E.W. Scripps Company (NASDAQ:SSP)?
Oct 14E.W. Scripps Q2 2022 Earnings Preview
Aug 04Is There Now An Opportunity In The E.W. Scripps Company (NASDAQ:SSP)?
Jul 15Should You Investigate The E.W. Scripps Company (NASDAQ:SSP) At US$19.16?
Apr 08Bonhoeffer Capital Management - The E.W. Scripps Co.: Growth Today And In The Future
Mar 16Is E.W. Scripps (NASDAQ:SSP) Using Too Much Debt?
Feb 11Financial Position Analysis
Short Term Liabilities: SSP's short term assets ($629.5M) exceed its short term liabilities ($470.6M).
Long Term Liabilities: SSP's short term assets ($629.5M) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: SSP's net debt to equity ratio (222.9%) is considered high.
Reducing Debt: SSP'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 SSP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SSP 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.