Emmis (EMMS) Debt-to-Equity : 0.55 (As of Feb. 2020)

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What is Emmis Debt-to-Equity?

Emmis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $8.82 Mil. Emmis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $56.64 Mil. Emmis's Total Stockholders Equity for the quarter that ended in Feb. 2020 was $119.92 Mil. Emmis's debt to equity for the quarter that ended in Feb. 2020 was 0.55.

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 Emmis's Debt-to-Equity or its related term are showing as below:

EMMS's Debt-to-Equity is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Emmis Debt-to-Equity Historical Data

The historical data trend for Emmis'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.

Emmis Debt-to-Equity Chart

Emmis Annual Data

Trend

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Debt-to-Equity

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-4.67

-5.79

2.92

1.12

0.55

Emmis Quarterly Data
	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20
Debt-to-Equity	Get a 7-Day Free Trial															1.12	1.46	1.09	0.55	0.55

Competitive Comparison of Emmis's Debt-to-Equity

For the Broadcasting subindustry, Emmis'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.

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

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

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

Emmis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Emmis's Debt to Equity Ratio for the fiscal year that ended in Feb. 2020 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
	=	(8.82	+	56.644)	/	119.924
	=	0.55

Emmis's Debt to Equity Ratio for the quarter that ended in Feb. 2020 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
	=	(8.82	+	56.644)	/	119.924
	=	0.55

Emmis (OTCPK:EMMS) 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.

Emmis Debt-to-Equity Related Terms

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

Emmis (EMMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Emmis Corp (OTCPK:EMMS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204

Website

https://www.emmis.com

Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.

Executives

Patrick M Walsh	officer: President, COO	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Ryan A Hornaday	officer: EVP, CFO & Treasurer	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gregory T Loewen	officer: President - Publishing	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan	director, 10 percent owner, officer: Chairman,CEO, other: member of 10% 13(d) group
J. Scott Enright	officer: EVP, Gen Counsel & Secretary	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
James M Dubin	director	ONE MADISON PLACE, HARRISON NY 10528
Greg Nathanson	director
Lawrence B Sorrel	director
Peter A Lund	director	236 LOCHA DRIVE, JUPITER FL 33458
Susan B Bayh	director	WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Richard A Leventhal	director
Paul V. Brenner	officer: President	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gary L Kaseff	director
Richard F Cummings	officer: Radio Division President
Herbert Simon	other: Member of 10% owner 13d group	115 W WASHINGTON ST, INDIANAPOLIS IN 46204