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BBGI (Beasley Broadcast Group) Debt-to-EBITDA : 25.69 (As of Sep. 2024)


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What is Beasley Broadcast Group Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Beasley Broadcast Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8.3 Mil. Beasley Broadcast Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $294.9 Mil. Beasley Broadcast Group's annualized EBITDA for the quarter that ended in Sep. 2024 was $11.8 Mil. Beasley Broadcast Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 25.69.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Beasley Broadcast Group's Debt-to-EBITDA or its related term are showing as below:

BBGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.4   Med: 5.45   Max: 72.11
Current: 8.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Beasley Broadcast Group was 72.11. The lowest was -14.40. And the median was 5.45.

BBGI's Debt-to-EBITDA is ranked worse than
88.01% of 659 companies
in the Media - Diversified industry
Industry Median: 1.66 vs BBGI: 8.67

Beasley Broadcast Group Debt-to-EBITDA Historical Data

The historical data trend for Beasley Broadcast Group's Debt-to-EBITDA 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.

Beasley Broadcast Group Debt-to-EBITDA Chart

Beasley Broadcast Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 72.11 10.64 -14.40 -4.79

Beasley Broadcast Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA 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 -1.00 4.39 10.85 10.07 25.69

Competitive Comparison of Beasley Broadcast Group's Debt-to-EBITDA

For the Broadcasting subindustry, Beasley Broadcast Group's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Beasley Broadcast Group's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beasley Broadcast Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beasley Broadcast Group's Debt-to-EBITDA falls into.



Beasley Broadcast Group Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Beasley Broadcast Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.083 + 297.643) / -63.842
=-4.79

Beasley Broadcast Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.25 + 294.88) / 11.8
=25.69

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


Beasley Broadcast Group  (NAS:BBGI) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Beasley Broadcast Group Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Beasley Broadcast Group's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Beasley Broadcast Group Business Description

Traded in Other Exchanges
N/A
Address
3033 Riviera Drive, Suite 200, Naples, FL, USA, 34103
Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States. The Company offers local and national advertisers integrated marketing solutions across audio, digital and event platforms. The Company owns and operates stations in the following markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Company currently operates three operating segments Audio, Digital and esports.
Executives
Brian E Beasley director, officer: Vice President of Operations 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Caroline Beasley director, 10 percent owner, officer: CFO
Bruce G Beasley director, 10 percent owner, officer: President 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Bradley C Beasley 10 percent owner 3033 RIVERA DRIVE, SUITE 200, NAPLES FL 34103
Gordon H Smith director 6903 ROCKLEDGE DRIVE, SUITE 1500, BETHESDA MD 21771
Christopher D. Ornelas officer: General Counsel C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
Warfield Charles M. Jr. director C/O BEASLEY BROADCAST GROUP, INC., 3033 RIVIERA DRIVE, SUITE 200, NAPLES FL 34103
George G Beasley director, 10 percent owner, officer: CEO
Leslie V Godridge director
Mark S Fowler director C/O TALK AMERICA HOLDINGS, INC., 12020 SUNRISE VALLEY DR, STE. 250, RESTON VA 20191
Cristina Bordes 2009 Gift Trust other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephanie L. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Stephen M. Bordes other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Cristina Bordes 10 percent owner C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005
Bordes 2015 Grat #7 Lee other: See Remarks C/O CARTER LEDYARD & MILBURN LLP, TWO WALL STREET, NEW YORK NY 10005