Townsquare Media Balance Sheet Health
Financial Health criteria checks 3/6
Townsquare Media has a total shareholder equity of $9.9M and total debt of $499.7M, which brings its debt-to-equity ratio to 5041.4%. Its total assets and total liabilities are $652.0M and $642.1M respectively. Townsquare Media's EBIT is $72.8M making its interest coverage ratio 2. It has cash and short-term investments of $61.0M.
Key information
5,041.4%
Debt to equity ratio
US$499.66m
Debt
| Interest coverage ratio | 2x |
| Cash | US$61.05m |
| Equity | US$9.91m |
| Total liabilities | US$642.14m |
| Total assets | US$652.05m |
Recent financial health updates
Does Townsquare Media (NYSE:TSQ) Have A Healthy Balance Sheet?
Aug 10
Townsquare Media (NYSE:TSQ) Use Of Debt Could Be Considered Risky
Mar 18Recent updates
Townsquare Media: Value Play Or Value Trap?
Apr 05Townsquare Media Looks To 2024 Political Year Advertising Increase
Dec 21Townsquare Media: A Transformation Story
Oct 08Does Townsquare Media (NYSE:TSQ) Have A Healthy Balance Sheet?
Aug 10Townsquare Media: Business Model Showing Resiliency
Jun 09Is It Too Late To Consider Buying Townsquare Media, Inc. (NYSE:TSQ)?
May 17Townsquare Media: Pay Attention To Earnings Season
Feb 09Townsquare Media Non-GAAP EPS of $0.47, revenue of $120.6M, lowers FY guidance
Nov 09Is Now An Opportune Moment To Examine Townsquare Media, Inc. (NYSE:TSQ)?
Aug 03Townsquare Media Non-GAAP EPS of $0.71 beats by $0.10, revenue of $121.92M beats by $4.08M
Aug 02Townsquare Media: Digital Growth Could Lead To The Stock Doubling
Jul 14At US$11.95, Is It Time To Put Townsquare Media, Inc. (NYSE:TSQ) On Your Watch List?
Jan 10We Think Townsquare Media's (NYSE:TSQ) Profit Is Only A Baseline For What They Can Achieve
Aug 13Townsquare Media EPS beats by $0.04, beats on revenue
May 10Townsquare Media, Inc.'s (NYSE:TSQ) About To Shift From Loss To Profit
Apr 14Earnings Miss: Townsquare Media, Inc. Missed EPS And Analysts Are Revising Their Forecasts
Mar 19Townsquare Media (NYSE:TSQ) Use Of Debt Could Be Considered Risky
Mar 18If You Had Bought Townsquare Media (NYSE:TSQ) Shares Three Years Ago You'd Have Earned 55% Returns
Feb 10Townsquare Media: Slowly Returning To Normal, Our Thesis Is Playing Out
Dec 18Townsquare Media cheers Q4 preliminary results; launches senior secured notes offering
Dec 15Townsquare Media EPS beats by $0.16, beats on revenue
Nov 09Financial Position Analysis
Short Term Liabilities: TSQ's short term assets ($132.2M) exceed its short term liabilities ($76.1M).
Long Term Liabilities: TSQ's short term assets ($132.2M) do not cover its long term liabilities ($566.1M).
Debt to Equity History and Analysis
Debt Level: TSQ's net debt to equity ratio (4425.5%) is considered high.
Reducing Debt: TSQ's debt to equity ratio has increased from 217.3% to 5041.4% 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 TSQ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TSQ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.2% per year.