The E W Scripps Co (The E W Scripps Co) Cash-to-Debt

: 0.01 (As of Dec. 2023)

View and export this data going back to 1988. Start your Free Trial

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. The E W Scripps Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, The E W Scripps Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for The E W Scripps Co's Cash-to-Debt or its related term are showing as below:

SSP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.18 Max: 0.81
Current: 0.01

During the past 13 years, The E W Scripps Co's highest Cash to Debt Ratio was 0.81. The lowest was 0.01. And the median was 0.18.

SSP's Cash-to-Debt is ranked worse than
98.17% of 1038 companies
in the Media - Diversified industry
Industry Median: 1.26 vs SSP: 0.01

The E W Scripps Co Cash-to-Debt Historical Data

The historical data trend for The E W Scripps Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

The E W Scripps Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.02

0.19

0.02

0.01

The E W Scripps Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison

For the Broadcasting subindustry, The E W Scripps Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The E W Scripps Co Cash-to-Debt Distribution

For the Media - Diversified industry and Communication Services sector, The E W Scripps Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The E W Scripps Co's Cash-to-Debt falls into.

The E W Scripps Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

The E W Scripps Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	35.319	/	(15.612	+	3014.684)
	=	0.01

The E W Scripps Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	35.319	/	(15.612	+	3014.684)
	=	0.01

The E W Scripps Co (NAS:SSP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

The E W Scripps Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of The E W Scripps Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

The E W Scripps Co (The E W Scripps Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The E W Scripps Co (NAS:SSP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SQ6B:Germany

Address

312 Walnut Street, Suite 2800, Scripps Center, Cincinnati, OH, USA, 45202

Website

https://www.scripps.com

The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers, primarily in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes approximately 61 local broadcast stations and their related digital operations.

Executives

John Patrick Scripps	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Elizabeth Scripps	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Kate O'brian	officer: EVP, News	312 WALNUT STREET, 28H FLOOR, CINCINNATI OH 45202
Lisa A Knutson	officer: Senior VP of Human Resources	312 WALNUT STREET, 28TH FLOOR, CINCINNATI OH 45202
Granado Corina S.	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Geraldine Scripps Granado	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Granado Raymundo H. Jr.	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Anthony S. Granado	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Ellen B. Granado	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Manuel E. Granado	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Eli W Scripps	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
William A. Scripps	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Gerald J. Scripps	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Sanchez Mary Ann S.	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Monica Holcomb	10 percent owner	C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017