SBSAQ (Spanish Broadcasting System) Debt-to-Equity: -12.92 (As of Mar. 2025)

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SBSAQ Spanish Broadcasting System Inc SBSAQ
44 GF Score
Price $0.01
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What is Spanish Broadcasting System Debt-to-Equity?

Spanish Broadcasting System SBSAQ -99.98% 44 Debt-to-Equity is -12.92 as of Mar. 2025. GuruFocus rates SBSAQ with a GF Score™ of 44/100.

Spanish Broadcasting System's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $314.7 Mil. Spanish Broadcasting System's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $21.6 Mil. Spanish Broadcasting System's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $-26.0 Mil. Spanish Broadcasting System's debt to equity for the quarter that ended in Mar. 2025 was -12.92.

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 Spanish Broadcasting System's Debt-to-Equity or its related term are showing as below:

SBSAQ's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Spanish Broadcasting System  (OTCPK:SBSAQ) 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.

Spanish Broadcasting System Debt-to-Equity Related Terms

Spanish Broadcasting System Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Spanish Broadcasting System'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.

Spanish Broadcasting System Debt-to-Equity Chart

Spanish Broadcasting System Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 14.29 18.11 -14.75 -16.44

Spanish Broadcasting System Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -13.96 -13.80 -14.19 -16.44 -12.92

SBSAQ vs CMLS, TAAG, MDEX: Debt-to-Equity Comparison

For the Broadcasting subindustry, Spanish Broadcasting System'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.

Spanish Broadcasting System Debt-to-Equity vs Media - Diversified Industry

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

* The bar in red indicates where Spanish Broadcasting System's Debt-to-Equity falls into.


SBSAQ
44GF Score
Spanish Broadcasting System Inc SBSAQ
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Spanish Broadcasting System Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Spanish Broadcasting System's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(6.328 + 329.748) / -20.442
=-16.44

Spanish Broadcasting System's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(314.744 + 21.603) / -26.026
=-12.92

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -12.92 mean?
Spanish Broadcasting System (SBSAQ) has a Debt-to-Equity of -12.92 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spanish Broadcasting System and its competitors.
Is Spanish Broadcasting System's Debt-to-Equity too high?
Spanish Broadcasting System's current Debt-to-Equity is -12.92. Overall, Spanish Broadcasting System has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Spanish Broadcasting System's Debt-to-Equity compare to CMLS and TAAG?
Spanish Broadcasting System's Debt-to-Equity of -12.92 can be compared against companies in the Media - Diversified industry. The industry median Debt-to-Equity is 0.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Spanish Broadcasting System and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spanish Broadcasting System's current Debt-to-Equity is -12.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spanish Broadcasting System stock overvalued right now?
Spanish Broadcasting System (SBSAQ) has a current Debt-to-Equity of -12.92. The current Debt-to-Equity is -12.92. Spanish Broadcasting System's overall GF Score™ is 44/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Spanish Broadcasting System (SBSAQ), the current Debt-to-Equity is -12.92 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spanish Broadcasting System Business Description

Address 7007 NW 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 operates radio stations in the Los Angeles, New York, Puerto Rico, Chicago, Miami, Orlando, Tampa, and San Francisco markets. It maintains multiple Spanish and bilingual websites that provide content related to Latin music, entertainment, news, and culture. Additionally, it also provides digital marketing solutions through a pure-play digital marketing department, The revenue is generated from the sale of advertising time on stations to local and national advertisers.
44GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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