Townsquare Media Debt-to-Equity Ratio Growth & History (TSQ)

Townsquare Media's debt-to-equity ratio was 55.70 for fiscal 2023.

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Townsquare Media annual debt-to-equity ratio history

Townsquare Media annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20232023-12-3155.7047.30+563.29%
20222022-12-318.40−3.46−29.18%
20212021-12-3111.865.94+100.56%
20202020-12-315.912.57+77.00%
20192019-12-313.341.17+53.66%
20182018-12-312.170.61+38.97%
20172017-12-311.560.10+6.80%
20162016-12-311.46−0.16−9.61%
20152015-12-311.620.08+5.20%
20142014-12-311.54−1.25−44.84%
20132013-12-312.79

Townsquare Media debt-to-equity ratio trends

Over the last five fiscal years, Townsquare Media's debt-to-equity ratio increased from 2.17 to 55.70, a change of 53.52. The latest reported quarter, Q1 2024, shows 299.32.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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