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
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: 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 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 18Financial 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.