Townsquare Media (Townsquare Media) Debt-to-Equity : 85.88 (As of Dec. 2023)

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What is Townsquare Media Debt-to-Equity?

Townsquare Media's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.4 Mil. Townsquare Media's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $541.1 Mil. Townsquare Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.4 Mil. Townsquare Media's debt to equity for the quarter that ended in Dec. 2023 was 85.88.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Townsquare Media's Debt-to-Equity or its related term are showing as below:

TSQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.47 Med: 2.79 Max: 85.88
Current: 85.88

During the past 12 years, the highest Debt-to-Equity Ratio of Townsquare Media was 85.88. The lowest was 1.47. And the median was 2.79.

TSQ's Debt-to-Equity is ranked worse than
99.76% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs TSQ: 85.88

Townsquare Media Debt-to-Equity Historical Data

The historical data trend for Townsquare Media's Debt-to-Equity 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.

* Premium members only.

Townsquare Media Debt-to-Equity Chart

Townsquare Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.39

6.12

12.70

8.83

85.88

Townsquare Media Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															8.83	9.13	12.21	61.86	85.88

Competitive Comparison of Townsquare Media's Debt-to-Equity

For the Advertising Agencies subindustry, Townsquare Media's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Townsquare Media's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Townsquare Media's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Townsquare Media's Debt-to-Equity falls into.

Townsquare Media Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Townsquare Media's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.376	+	541.095)	/	6.41
	=	85.88

Townsquare Media's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9.376	+	541.095)	/	6.41
	=	85.88

Townsquare Media (NYSE:TSQ) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Townsquare Media Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Townsquare Media's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Townsquare Media (Townsquare Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Townsquare Media Inc (NYSE:TSQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2T8:Germany

Address

One Manhattanville Road, Suite 202, Purchase, New York, NY, USA, 10577

Website

https://www.townsquaremedia.com

Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.

Executives

Erik Hellum	officer: COO, Local Media	C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Scott Schatz	officer: EVP, Finance Op and Tech	C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Lebow	director	C/O TOWNSQUARE MEDIA, INC, 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Madison Square Garden Entertainment Corp.	10 percent owner	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gary D Way	director	C/O TOWNSQUARE MEDIA, INC., ONE MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Quick	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Pof Iv Aif Gap Holdings, L.p.	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p.	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3