Townsquare Media, Inc. (TSQ) financial statements (2020 and earlier)

Company profile

Business Address 1 MANHATTANVILLE ROAD, SUITE 202
PURCHASE, NY 10577
State of Incorp. DE
Fiscal Year End December 31
SIC 4832 - Radio Broadcasting Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 6165523324
Cash and cash equivalents 6165523324
Receivables 6262606061
Disposal group, including discontinued operation 00   
Assets held-for-sale, not part of disposal group  1  
Other undisclosed current assets 91011108
Total current assets: 13313812310393
Noncurrent Assets
Property, plant and equipment 11414714013496
Long-term investments and receivables 108450
Long-term investments 108450
Intangible assets, net (including goodwill) 723751807811748
Goodwill 241243293293242
Intangible assets, net (excluding goodwill) 483508514518506
Disposal group, including discontinued operation, noncurrent assets  0   
Deferred costs     10
Other noncurrent assets 711780
Total noncurrent assets: 854918958958855
TOTAL ASSETS: 9871,0561,0811,061948
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 4341383935
Accounts payable 131511107
Accrued liabilities 78877
Employee-related liabilities 1512121411
Taxes payable 32231
Interest and dividends payable 56559
Debt 010701
Disposal group, including discontinued operation 01   
Program rights obligations 20010
Deferred revenue and credits18171714
Contract with customer, liability15
Other undisclosed current liabilities 64342
Total current liabilities: 6673656253
Noncurrent Liabilities
Long-term debt and lease obligation, including: 555556564589538
Other undisclosed long-term debt and lease obligation 555556564589538
Liabilities, other than long-term debt, including: 9910111
Deferred tax liabilities, net 375135 
Other undisclosed liabilities, other than long-term debt 9(28)(41)(24)1
Other undisclosed noncurrent liabilities 1637513512
Total noncurrent liabilities: 580602626635551
Total liabilities: 646675691697604
Stockholders' equity
Stockholders' equity attributable to parent 340380389363344
Common stock 00000
Additional paid in capital 366367365361352
Accumulated other comprehensive income (loss)  (1)(1)0 
Retained earnings (accumulated deficit) (26)13241(8)
Stockholders' equity attributable to noncontrolling interest 11110
Total stockholders' equity: 342381390363344
TOTAL LIABILITIES AND EQUITY: 9871,0561,0811,061948

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 431507517441374
Revenue, net507517441374
Cost of revenue (317)(400)(400)(331)(302)
Gross profit: 11410711711072
Operating expenses (73)(96)(39)(25)(32)
Operating income: 4011778541
Nonoperating expense (0)(0)(4)(0)(0)
Investment income, nonoperating   (4)  
Other nonoperating income (expense) (0)(0)1(0)(0)
Interest and debt expense (34)(33)(34)(66)(47)
Income (loss) from continuing operations before equity method investments, income taxes: 6(22)4018(6)
Other undisclosed loss from continuing operations before income taxes (5)    
Income (loss) from continuing operations before income taxes: 1(22)4018(6)
Income tax expense (benefit) (2)13(17)(8)(11)
Income (loss) from continuing operations: (0)(9)2310(17)
Loss from discontinued operations (31)(1)   
Net income (loss): (32)(10)2310(17)
Net income (loss) attributable to noncontrolling interest (1)(1)(0)00
Other undisclosed net loss attributable to parent    (1)(1)
Net income (loss) available to common stockholders, diluted: (33)(11)2310(17)

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (32)(10)2310(17)
Other comprehensive loss    (0) 
Other undisclosed comprehensive income (loss) (0)0(1)0 
Comprehensive income (loss): (32)(10)2310(17)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (1)(1)(0)00
Comprehensive income (loss), net of tax, attributable to parent: (33)(11)2211(17)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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