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
These 4 Measures Indicate That E.W. Scripps (NASDAQ:SSP) Is Using Debt In A Risky Way
Dec 15
Is 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 (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 11Is There Now An Opportunity In The E.W. Scripps Company (NASDAQ:SSP)?
Dec 16Here's Why I Think E.W. Scripps (NASDAQ:SSP) Is An Interesting Stock
Nov 29The E.W. Scripps Company (NASDAQ:SSP) Shares Could Be 27% Below Their Intrinsic Value Estimate
Sep 19Calculating The Intrinsic Value Of The E.W. Scripps Company (NASDAQ:SSP)
Jun 01Scripps rises 2% as Benchmark raises target on higher expectations
May 10Financial Position Analysis
Short Term Liabilities: SSP's short term assets ($676.1M) exceed its short term liabilities ($477.8M).
Long Term Liabilities: SSP's short term assets ($676.1M) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: SSP's net debt to equity ratio (248.8%) is considered high.
Reducing Debt: SSP'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 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 31.3% per year.