SBGI (Sinclair) LT-Debt-to-Total-Asset : 0.73 (As of Sep. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Sinclair LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sinclair's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.73.

Sinclair's long-term debt to total assets ratio increased from Sep. 2023 (0.70) to Sep. 2024 (0.73). It may suggest that Sinclair is progressively becoming more dependent on debt to grow their business.

Sinclair LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sinclair's LT-Debt-to-Total-Asset 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.

Sinclair LT-Debt-to-Total-Asset Chart

Sinclair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.72

0.95

1.00

0.65

0.71

Sinclair Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.70	0.71	0.71	0.75	0.73

Sinclair LT-Debt-to-Total-Asset Calculation

Sinclair's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	4291	/	6085
	=	0.71

Sinclair's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4228	/	5785
	=	0.73

Sinclair (NAS:SBGI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Sinclair LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sinclair's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sinclair Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sinclair Inc (NAS:SBGI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HQ7:Germany

Address

10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030

Website

https://www.sbgi.net

Sinclair Inc. is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox). Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their content to pay-TV distributors.

Executives

David R Bochenek	officer: Controller and CAO	10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030
Daniel C Keith	director	102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204
David B Gibber	officer: SVP & General Counsel	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Howard E Friedman	director	6201 GREEN MEADOW WAY, BALTIMORE MD 21209
Jeffrey Edward Lewis	officer: Chief Compliance Officer	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Benjamin Sr Carson	director	PO BOX 3599, BATTLE CREEK MI 49016-3599
Lawrence E Mccanna	director	36 S CHARLES ST, STE 1800, BALTIMORE MD 21201
Frederick G Smith	director, 10 percent owner, officer: Vice President	10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
J Duncan Smith	director, 10 percent owner, officer: Secretary	10706 BEAVER DAM RD, COCKEYSVILLE MD 21030
Laurie R Beyer	director	6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220
David D Smith	director, 10 percent owner, officer: President	C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420
Justin Leroy Bray	officer: VP & Treasurer	10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030
Lucy Rutishauser	officer: Treasurer and VP Corp. Finance	10706 BEAVER DAM RD, COCKEYSVILLE MD 21203
Barry Faber	officer: Vice President-General Counsel	10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203
Benson E Legg	director	393 SILVER MOSS DRIVE, VERO BEACH FL 32963