Townsquare Media Balance Sheet Health
Financial Health criteria checks 2/6
Townsquare Media has a total shareholder equity of $-52.5M and total debt of $476.7M, which brings its debt-to-equity ratio to -908.6%. Its total assets and total liabilities are $565.4M and $617.9M respectively. Townsquare Media's EBIT is $58.5M making its interest coverage ratio 1.6. It has cash and short-term investments of $21.8M.
Key information
-908.6%
Debt to equity ratio
US$476.70m
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$21.79m |
| Equity | -US$52.46m |
| Total liabilities | US$617.88m |
| Total assets | US$565.42m |
Recent financial health updates
Recent updates
Townsquare Media: Buy TSQ Stock For The Yield, Hold It For The Value
Aug 28Townsquare 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 10
Townsquare 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 13Financial Position Analysis
Short Term Liabilities: TSQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TSQ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TSQ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TSQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 13% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:30 |
| 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
Townsquare Media, Inc. is covered by 10 analysts. 2 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 |
|---|---|
| James Goss | Barrington Research Associates, Inc. |
| Leland Westerfield | BMO Capital Markets U.S. (Historical) |
| Bryan Goldberg | BofA Global Research |