TEGNA Balance Sheet Health

Financial Health criteria checks 4/6

TEGNA has a total shareholder equity of $3.0B and total debt of $3.1B, which brings its debt-to-equity ratio to 103.1%. Its total assets and total liabilities are $7.2B and $4.2B respectively. TEGNA's EBIT is $799.7M making its interest coverage ratio 4.6. It has cash and short-term investments of $553.0M.

Key information

103.1%

Debt to equity ratio

US$3.07b

Debt

Interest coverage ratio4.6x
CashUS$553.03m
EquityUS$2.98b
Total liabilitiesUS$4.22b
Total assetsUS$7.20b

Recent financial health updates

Recent updates

TEGNA: Large Buyback Should Begin To Lift Shares In 2024

Jan 09

Why TEGNA Is A Buy Even As A Standalone Company

Oct 23

TEGNA: Despite Mixed Results, The Stock Is Undervalued

Aug 12

TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095

May 13
TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095

With EPS Growth And More, TEGNA (NYSE:TGNA) Makes An Interesting Case

Mar 26
With EPS Growth And More, TEGNA (NYSE:TGNA) Makes An Interesting Case

TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095

Feb 26
TEGNA (NYSE:TGNA) Will Pay A Dividend Of $0.095

Is TEGNA (NYSE:TGNA) Using Too Much Debt?

Feb 23
Is TEGNA (NYSE:TGNA) Using Too Much Debt?

TEGNA declares $0.095 dividend

Feb 22

Tegna extends declines on report sale may not close by February deadline

Jan 23

Tegna slips on reports White House to renominate Gigi Sohn for FCC

Jan 03

Standard Genera deal for Tegna gets request for comments from FCC

Dec 23

Tegna gains after buyer waves some contractual rights to appease regulators

Dec 16

Tegna gains on report Team Telecom may approve sale as early as this week

Nov 15

TEGNA Non-GAAP EPS of $0.65 misses by $0.08, revenue of $803.11M misses by $32.66M

Nov 09

Tegna stock drops on report on DOJ questions on Standard General deal

Nov 03

Tegna gains on report that Standard General deal may be getting closer to approval

Oct 21

Tegna/Standard General get FCC request for more information

Sep 29

TEGNA: Merger Spread Is Too Wide

Aug 16

TEGNA Q2 2022 Earnings Preview

Aug 05

TEGNA declares $0.095 dividend

Jul 28

Special Situation: TEGNA Offers Investors Potential 11%+ Return

May 27

Merger Arbitrage Mondays - Standard General Acquires Tegna

Feb 28

TEGNA's Fading Deal Prospects Could Hit Stock

Jan 19

Financial Position Analysis

Short Term Liabilities: TGNA's short term assets ($1.2B) exceed its short term liabilities ($357.6M).

Long Term Liabilities: TGNA's short term assets ($1.2B) do not cover its long term liabilities ($3.9B).


Debt to Equity History and Analysis

Debt Level: TGNA's net debt to equity ratio (84.6%) is considered high.

Reducing Debt: TGNA's debt to equity ratio has reduced from 248% to 103.1% over the past 5 years.

Debt Coverage: TGNA's debt is well covered by operating cash flow (20.2%).

Interest Coverage: TGNA's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


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