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Spanish Broadcasting System (Spanish Broadcasting System) Total Assets : $426.1 Mil (As of Mar. 2021)


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What is Spanish Broadcasting System Total Assets?

Spanish Broadcasting System's Total Assets for the quarter that ended in Mar. 2021 was $426.1 Mil.

Total Assets is connected with ROA %. Spanish Broadcasting System's annualized ROA % for the quarter that ended in Mar. 2021 was -8.46%. Total Assets is also linked to Revenue through Asset Turnover. Spanish Broadcasting System's Asset Turnover for the quarter that ended in Mar. 2021 was 0.06.


Spanish Broadcasting System Total Assets Historical Data

The historical data trend for Spanish Broadcasting System's Total Assets 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.

Spanish Broadcasting System Total Assets Chart

Spanish Broadcasting System Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 449.28 435.90 444.31 469.04 451.22

Spanish Broadcasting System Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 453.36 444.60 446.35 451.22 426.09

Spanish Broadcasting System Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Spanish Broadcasting System's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=-105.412+556.631
=451.2

Spanish Broadcasting System's Total Assets for the quarter that ended in Mar. 2021 is calculated as

Total Assets=Total Equity (Q: Mar. 2021 )+Total Liabilities (Q: Mar. 2021 )
=11.723+414.363
=426.1

* 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.


Spanish Broadcasting System  (OTCPK:SBSAA) Total Assets Explanation

Total Assets is connected with ROA %.

Spanish Broadcasting System's annualized ROA % for the quarter that ended in Mar. 2021 is

ROA %=Net Income (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=-37.112/( (451.219+426.086)/ 2 )
=-37.112/438.6525
=-8.46 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Spanish Broadcasting System's Asset Turnover for the quarter that ended in Mar. 2021 is

Asset Turnover
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=24.643/( (451.219+426.086)/ 2 )
=24.643/438.6525
=0.06

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Spanish Broadcasting System Total Assets Related Terms

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Spanish Broadcasting System (Spanish Broadcasting System) Business Description

Traded in Other Exchanges
N/A
Address
7007 NorthWest 77th Avenue, Miami, FL, USA, 33166
Spanish Broadcasting System Inc is a Spanish language media and entertainment company with radio and television stations in the United States Hispanic markets, including Puerto Rico. The company produces and distributes Spanish language content, including radio programs, television shows, music and live entertainment through its multi-media platforms. It operates in two reportable segments, namely Radio and Television. The company owns and operates radio stations located in Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. Its television stations and related affiliates operate under MegaTV. In addition, it also provides multiple Spanish and bilingual websites that provide content related to Latin music, entertainment, news, and culture.
Executives
Jose I. Molina officer: Chief Financial Officer C/O 7007 NW 77TH AVENUE MIAMI FL 33166
Richard D. Lara officer: See Remarks 7007 NW 77TH AVENUE MIAMI FL 33166
Raul Alarcon director, 10 percent owner, officer: Chairman, CEO & President 7007 N.W. 77TH AVENUE MIAMI FL 33166
Jason L Shrinsk director
Joseph A Garcia director, officer: CFO, SR. EVP 3191 CORAL WAY MIAMI FL 33145
Jose Antonio Villamil director 2601 SOUTH BAYSHORE DRIVE, PH II, COCONUT GROVE FL 33133
A. Yelen Mitchell director C/O SPANISH BROADCASTING SYSTEM, INC., 2601 S. BAYSHORE DR. PH2 COCONUT GROVE FL 33133
Manuel E. Machado director C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII COCONUT GROVE FL 33133
Alberto Rodriguez officer: Chief Revenue Officer of SBS C/O 2601 S. BAYSHORE DRIVE PHII COCONUT GROVE FL 33133
Melanie Montenegro other: EVP & General Counsel C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII FL 33133
Marko Radlovic officer: Chief Revenue Officer
Antonio S Fernandez director 2601 S BAYSHORE DRIVE MIAMI FL 33133
Frank Flores officer: Chief Revenue Officer C/O SPANISH BROADCASTING SYSTEM, INC. PH II COCONUT GROVE FL 33133
Cynthia Hudson-fernandez officer: Chief Creative Officer & EVP C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Dan Mason director C/O SPANISH BROADCASTING SYSTEM INC 2801 SOUTH BAYSHORE DR PENTHOUSE #2 COCONUT GROVE FL 33133

Spanish Broadcasting System (Spanish Broadcasting System) Headlines

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