Townsquare Media Financial Health
How is Townsquare Media's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TSQ's short term assets ($101.4M) exceed its short term liabilities ($65.9M).
Long Term Liabilities: TSQ's short term assets ($101.4M) do not cover its long term liabilities ($610.3M).
Debt to Equity History and Analysis
Debt Level: TSQ's net debt to equity ratio (788.4%) is considered high.
Reducing Debt: TSQ's debt to equity ratio has increased from 138.3% to 831.3% over the past 5 years.
Debt Coverage: TSQ's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: TSQ's interest payments on its debt are not well covered by EBIT (2.2x coverage).