TEGNA Balance Sheet Health
Financial Health criteria checks 3/6
TEGNA has a total shareholder equity of $2.7B and total debt of $3.1B, which brings its debt-to-equity ratio to 112.8%. Its total assets and total liabilities are $7.0B and $4.3B respectively. TEGNA's EBIT is $619.7M making its interest coverage ratio 4.3. It has cash and short-term investments of $361.0M.
Key information
112.8%
Debt to equity ratio
US$3.07b
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$361.04m |
| Equity | US$2.72b |
| Total liabilities | US$4.28b |
| Total assets | US$7.00b |
Recent financial health updates
Here's Why TEGNA (NYSE:TGNA) Has A Meaningful Debt Burden
Apr 18
Is TEGNA (NYSE:TGNA) Using Too Much Debt?
Feb 23Recent updates
Here's Why TEGNA (NYSE:TGNA) Has A Meaningful Debt Burden
Apr 18TEGNA: Advancing Market Share In Broadcasting And Advertisement In 2024
Apr 03TEGNA: Large Buyback Should Begin To Lift Shares In 2024
Jan 09Why TEGNA Is A Buy Even As A Standalone Company
Oct 23TEGNA: Despite Mixed Results, The Stock Is Undervalued
Aug 12TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095
May 13With EPS Growth And More, TEGNA (NYSE:TGNA) Makes An Interesting Case
Mar 26TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095
Feb 26Is TEGNA (NYSE:TGNA) Using Too Much Debt?
Feb 23TEGNA declares $0.095 dividend
Feb 22Tegna extends declines on report sale may not close by February deadline
Jan 23Tegna slips on reports White House to renominate Gigi Sohn for FCC
Jan 03Standard Genera deal for Tegna gets request for comments from FCC
Dec 23Tegna gains after buyer waves some contractual rights to appease regulators
Dec 16Tegna gains on report Team Telecom may approve sale as early as this week
Nov 15TEGNA Non-GAAP EPS of $0.65 misses by $0.08, revenue of $803.11M misses by $32.66M
Nov 09Tegna stock drops on report on DOJ questions on Standard General deal
Nov 03Tegna gains on report that Standard General deal may be getting closer to approval
Oct 21Tegna/Standard General get FCC request for more information
Sep 29TEGNA: Merger Spread Is Too Wide
Aug 16TEGNA Q2 2022 Earnings Preview
Aug 05TEGNA declares $0.095 dividend
Jul 28Special Situation: TEGNA Offers Investors Potential 11%+ Return
May 27Merger Arbitrage Mondays - Standard General Acquires Tegna
Feb 28Financial Position Analysis
Short Term Liabilities: TGNA's short term assets ($1.1B) exceed its short term liabilities ($423.4M).
Long Term Liabilities: TGNA's short term assets ($1.1B) do not cover its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: TGNA's net debt to equity ratio (99.6%) is considered high.
Reducing Debt: TGNA's debt to equity ratio has reduced from 219.6% to 112.8% over the past 5 years.
Debt Coverage: TGNA's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: TGNA's interest payments on its debt are well covered by EBIT (4.3x coverage).