The E W Scripps Co (The E W Scripps Co) LT-Debt-to-Total-Asset : 0.56 (As of Dec. 2023)

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What is The E W Scripps Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. The E W Scripps Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.56.

The E W Scripps Co's long-term debt to total assets ratio increased from Dec. 2022 (0.47) to Dec. 2023 (0.56). It may suggest that The E W Scripps Co is progressively becoming more dependent on debt to grow their business.

The E W Scripps Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for The E W Scripps Co's LT-Debt-to-Total-Asset 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.

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The E W Scripps Co LT-Debt-to-Total-Asset Chart

The E W Scripps Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.57

0.61

0.49

0.47

0.56

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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.47	0.53	0.53	0.56

The E W Scripps Co LT-Debt-to-Total-Asset Calculation

The E W Scripps Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	3014.684	/	5410.12
	=	0.56

The E W Scripps Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	3014.684	/	5410.12
	=	0.56

The E W Scripps Co (NAS:SSP) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

The E W Scripps Co LT-Debt-to-Total-Asset Related Terms

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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 » LT-Debt-to-Total-Asset

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