TEGNA Balance Sheet Health
Financial Health criteria checks 3/6
TEGNA has a total shareholder equity of $2.9B and total debt of $3.1B, which brings its debt-to-equity ratio to 106.4%. Its total assets and total liabilities are $7.2B and $4.3B respectively. TEGNA's EBIT is $663.2M making its interest coverage ratio 4.5. It has cash and short-term investments of $536.3M.
Key information
106.4%
Debt to equity ratio
US$3.08b
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$536.25m |
| Equity | US$2.89b |
| Total liabilities | US$4.31b |
| Total assets | US$7.20b |
Recent financial health updates
Recent updates
TEGNA: Strong Cash Flow And M&A Potential Enables More Upside
Nov 23Investors Aren't Entirely Convinced By TEGNA Inc.'s (NYSE:TGNA) Earnings
Oct 11
TEGNA Stock: Buybacks Can Reward Patient Investors
Sep 10TEGNA (NYSE:TGNA) May Have Issues Allocating Its Capital
Sep 03TEGNA: A Solid Balance Sheet And Strong Earnings Show This Broadcaster Still Has Legs
Aug 10TEGNA: A Declining Business Can Still Be A Good Stock
May 30TEGNA (NYSE:TGNA) Is Increasing Its Dividend To $0.125
May 27TEGNA Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 10Here'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 12Financial Position Analysis
Short Term Liabilities: TGNA's short term assets ($1.2B) exceed its short term liabilities ($466.7M).
Long Term Liabilities: TGNA's short term assets ($1.2B) do not cover its long term liabilities ($3.8B).
Debt to Equity History and Analysis
Debt Level: TGNA's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: TGNA's debt to equity ratio has reduced from 274.8% to 106.4% over the past 5 years.
Debt Coverage: TGNA's debt is not well covered by operating cash flow (20%).
Interest Coverage: TGNA's interest payments on its debt are well covered by EBIT (4.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TEGNA Inc. is covered by 26 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Kannan Venkateshwar | Barclays |
| James Goss | Barrington Research Associates, Inc. |