Beasley Broadcast Group, Inc. (BBGI) financial statements (2020 and earlier)

Company profile

Business Address 3033 RIVIERA DRIVE
NAPLES, FL 34103
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
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12131420141414
Cash and cash equivalents12131420141414
Receivables49524348201817
Prepaid expense7365211
Assets held-in-trust   20  
Other current assets2242133
Other undisclosed current assets  188 00
Total current assets:707185103373636
Noncurrent Assets
Finance lease, right-of-use asset1
Operating lease, right-of-use asset38
Property, plant and equipment59585960282820
Long-term investments and receivables     2 
Due from related parties     2 
Intangible assets, net (including goodwill)55854550548024124514
Goodwill25251535914
Intangible assets, net (excluding goodwill)532520490477235236 
Restricted cash and investments    1  
Disposal group, including discontinued operation, noncurrent assets   11  
Other noncurrent assets1476656 
Other undisclosed noncurrent assets      195
Total noncurrent assets:670610570558274280228
TOTAL ASSETS:740681655662311316264
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities141086272
Accounts payable141086212
Accrued liabilities     1 
Employee-related liabilities     2 
Taxes payable     2 
Interest and dividends payable     1 
Debt70   34
Deferred revenue and credits   12
Other liabilities211919218108
Other undisclosed current liabilities  271(8)(2)
Total current liabilities:42292934111414
Noncurrent Liabilities
Long-term debt and lease obligation281    95103
Long-term debt, excluding current maturities245    95103
Finance lease, liability0
Operating lease, liability36
Liabilities, other than long-term debt10134127178817754
Deferred tax liabilities, net123115161787653
Due to related parties11111  
Other liabilities10101116211
Other undisclosed noncurrent liabilities12424321224886  
Total noncurrent liabilities:416377340425167171156
Total liabilities:458406369459178185171
Stockholders' equity
Stockholders' equity attributable to parent, including:28127528620213413194
Treasury stock, value(30)(30)(17)(16)(15)(15)(15)
Additional paid in capital153150148146119119117
Accumulated other comprehensive income (loss)000(1)000
Retained earnings (accumulated deficit)159155154722927(9)
Other undisclosed stockholders' equity attributable to parent0000000
Total stockholders' equity:28127528620213413194
TOTAL LIABILITIES AND EQUITY:740681655662311316264

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
12/31/2013
Revenues26525723213710659105
Cost of revenue
(Cost of Goods and Services Sold)
(49)      
Gross profit:21625723213710659105
Operating expenses(224)(223)(171)(74)(92)(53)(78)
Other undisclosed operating income49      
Operating income:4134616314627
Nonoperating income (expense)00011(0)0
Loss on contract termination     (0) 
Other nonoperating income0001100
Interest and debt expense(18)(16)(22)(7)(5)(4)(8)
Income from continuing operations before equity method investments, income taxes:2318395610119
Other undisclosed income from continuing operations before income taxes     0 
Income from continuing operations before income taxes:2318395610119
Income tax expense (benefit)(12)(12)48(8)(4)(1)(7)
Income from continuing operations:11687476112
Income from discontinued operations     39 
Income before gain (loss) on sale of properties:116874764012
Other undisclosed net loss(0)      
Net income:116874764012
Net loss attributable to noncontrolling interest(0)      
Net income available to common stockholders, diluted:116874764012

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:116874764012
Other comprehensive loss(0)(0)(1)(0)   
Comprehensive income:106864764012
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)      
Other undisclosed comprehensive income (loss), net of tax, attributable to parent102(0)0(0)0
Comprehensive income, net of tax, attributable to parent:116884764012

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: