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MediaCo Holding (MediaCo Holding) Debt-to-Equity : 0.34 (As of Dec. 2023)


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What is MediaCo Holding Debt-to-Equity?

MediaCo Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.90 Mil. MediaCo Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.33 Mil. MediaCo Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $66.16 Mil. MediaCo Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.34.

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

MDIA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 4.68   Max: 10.37
Current: 0.34

During the past 6 years, the highest Debt-to-Equity Ratio of MediaCo Holding was 10.37. The lowest was 0.16. And the median was 4.68.

MDIA's Debt-to-Equity is ranked worse than
54.02% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs MDIA: 0.34

MediaCo Holding Debt-to-Equity Historical Data

The historical data trend for MediaCo Holding'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.

MediaCo Holding Debt-to-Equity Chart

MediaCo Holding Annual Data
Trend Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial - 9.02 10.37 0.16 0.34

MediaCo Holding Quarterly Data
Feb18 Aug18 Feb19 Aug19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 0.16 0.49 0.30 0.31 0.34

Competitive Comparison of MediaCo Holding's Debt-to-Equity

For the Broadcasting subindustry, MediaCo Holding'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.


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

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

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



MediaCo Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MediaCo Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

MediaCo Holding's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


MediaCo Holding  (NAS:MDIA) 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.


MediaCo Holding Debt-to-Equity Related Terms

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


MediaCo Holding (MediaCo Holding) Business Description

Traded in Other Exchanges
Address
395 HUDSON STREET,, FLOOR 7, New York, NY, USA, 10014
MediaCo Holding Inc is a radio broadcasting media company operating in radio and digital advertising, premium programming and events. It has two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area. The company generates revenue from radio and outdoor advertising sales and events including sponsorships and ticket sales, licensing, and syndication.
Executives
Robert L. Greene director 1300 PENNSYLVANIA AVENUE NW, 700, WASHINGTON DC 20004
Andrew P. Glaze director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Deborah A Mcdermott director C/O YOUNG BROADCASTING INC, 599 LEXINGTON AVE, NEW YORK NY 10022
Mary Beth Riggio director 137 SOUTH PECK, APARTMENT D, BEVERLY HILLS CA 90212
Emmis Corp director, 10 percent owner ONE EMMIS PLAZA, 40 MONUMENT CIRCLE #700, INDIANAPOLIS IN 46204
Bradford A Tobin officer: President, COO C/O STANDARD DIVERSIFIED OPPORTUNITIES, 155 MINEOLA BLVD., MINEOLA NY 11501
Ann C Beemish officer: CFO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Rahsan Lindsay officer: CEO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright director, officer: EVP, General Counsel & Sec 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, officer: CEO
Patrick M Walsh director, officer: President, COO 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Francis Capital Management, Llc 10 percent owner 610 MAIN STREET, VENICE CA 90291