Townsquare Media Debt-to-Equity Ratio Growth & History (TSQ)
Townsquare Media's debt-to-equity ratio was 55.70 for fiscal 2023.
View full Townsquare Media company overviewTownsquare Media annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 55.70 | 47.30 | +563.29% |
| 2022 | 2022-12-31 | 8.40 | −3.46 | −29.18% |
| 2021 | 2021-12-31 | 11.86 | 5.94 | +100.56% |
| 2020 | 2020-12-31 | 5.91 | 2.57 | +77.00% |
| 2019 | 2019-12-31 | 3.34 | 1.17 | +53.66% |
| 2018 | 2018-12-31 | 2.17 | 0.61 | +38.97% |
| 2017 | 2017-12-31 | 1.56 | 0.10 | +6.80% |
| 2016 | 2016-12-31 | 1.46 | −0.16 | −9.61% |
| 2015 | 2015-12-31 | 1.62 | 0.08 | +5.20% |
| 2014 | 2014-12-31 | 1.54 | −1.25 | −44.84% |
| 2013 | 2013-12-31 | 2.79 | — | — |
Townsquare Media quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2024 | 2024-03-31 | 299.32 | 290.74 | +3391.81% |
| Q4 2023 | 2023-12-31 | 55.70 | 47.30 | +563.29% |
| Q3 2023 | 2023-09-30 | 44.27 | 35.10 | +382.57% |
| Q2 2023 | 2023-06-30 | 11.46 | 1.77 | +18.25% |
| Q1 2023 | 2023-03-31 | 8.57 | −1.98 | −18.78% |
| Q4 2022 | 2022-12-31 | 8.40 | −3.46 | −29.18% |
| Q3 2022 | 2022-09-30 | 9.17 | −3.68 | −28.61% |
| Q2 2022 | 2022-06-30 | 9.69 | −9.38 | −49.20% |
| Q1 2022 | 2022-03-31 | 10.55 | −16.67 | −61.23% |
| Q4 2021 | 2021-12-31 | 11.86 | 5.94 | +100.56% |
| Q3 2021 | 2021-09-30 | 12.85 | 6.63 | +106.45% |
| Q2 2021 | 2021-06-30 | 19.07 | 12.75 | +201.51% |
| Q1 2021 | 2021-03-31 | 27.22 | 21.79 | +401.31% |
| Q4 2020 | 2020-12-31 | 5.91 | 2.57 | +77.00% |
| Q3 2020 | 2020-09-30 | 6.22 | 3.92 | +170.59% |
| Q2 2020 | 2020-06-30 | 6.33 | 4.00 | +172.30% |
| Q1 2020 | 2020-03-31 | 5.43 | 3.00 | +123.16% |
| Q4 2019 | 2019-12-31 | 3.34 | 1.17 | +53.66% |
| Q3 2019 | 2019-09-30 | 2.30 | 0.75 | +48.50% |
| Q2 2019 | 2019-06-30 | 2.32 | 0.73 | +46.26% |
| Q1 2019 | 2019-03-31 | 2.43 | 0.87 | +55.22% |
| Q4 2018 | 2018-12-31 | 2.17 | 0.61 | +38.97% |
| Q3 2018 | 2018-09-30 | 1.55 | 0.17 | +11.97% |
| Q2 2018 | 2018-06-30 | 1.59 | 0.16 | +10.84% |
| Q1 2018 | 2018-03-31 | 1.57 | 0.11 | +7.83% |
| Q4 2017 | 2017-12-31 | 1.56 | 0.10 | +6.80% |
| Q3 2017 | 2017-09-30 | 1.38 | −0.11 | −7.35% |
| Q2 2017 | 2017-06-30 | 1.43 | −0.12 | −7.95% |
| Q1 2017 | 2017-03-31 | 1.45 | −0.17 | −10.59% |
| Q4 2016 | 2016-12-31 | 1.46 | −0.16 | −9.61% |
| Q3 2016 | 2016-09-30 | 1.49 | −0.16 | −9.82% |
| Q2 2016 | 2016-06-30 | 1.56 | −0.15 | −8.75% |
| Q1 2016 | 2016-03-31 | 1.63 | 0.06 | +3.84% |
| Q4 2015 | 2015-12-31 | 1.62 | 0.08 | +5.20% |
| Q3 2015 | 2015-09-30 | 1.66 | — | — |
| Q2 2015 | 2015-06-30 | 1.71 | −0.96 | −35.91% |
| Q1 2015 | 2015-03-31 | 1.57 | — | — |
| Q4 2014 | 2014-12-31 | 1.54 | −1.25 | −44.84% |
| Q2 2014 | 2014-06-30 | 2.66 | — | — |
| Q4 2013 | 2013-12-31 | 2.79 | — | — |
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.
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.
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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