Beasley Broadcast Group, Inc. (BBGI) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments21191314201414
Cash and cash equivalents21191314201414
Receivables47555243482018
Prepaid expense2436521
Assets held-in-trust    20  
Other current assets7324213
Other undisclosed current assets   188 0
Total current assets:788071851033736
Noncurrent Assets
Finance lease, right-of-use asset00
Operating lease, right-of-use asset3440
Property, plant and equipment54545859602828
Long-term investments and receivables      2
Due from related parties      2
Intangible assets, net (including goodwill)563575545505480241245
Goodwill29292515359
Intangible assets, net (excluding goodwill)534547520490477235236
Restricted cash and investments     1 
Disposal group, including discontinued operation, noncurrent assets    11  
Other noncurrent assets101176656
Total noncurrent assets:661680610570558274280
TOTAL ASSETS:739760681655662311316
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1210108627
Accounts payable1210108621
Accrued liabilities      1
Employee-related liabilities      2
Taxes payable      2
Interest and dividends payable      1
Debt0150   3
Deferred revenue and credits   1
Other liabilities2128191921810
Other undisclosed current liabilities7  271(8)
Total current liabilities:40532929341114
Noncurrent Liabilities
Long-term debt and lease obligation288284    95
Long-term debt, excluding current maturities258249    95
Finance lease, liability00
Operating lease, liability3035
Liabilities, other than long-term debt143181341271788177
Deferred tax liabilities, net1231151617876
Deferred income tax liabilities121 
Due to related parties611111 
Other liabilities171710111621
Other undisclosed noncurrent liabilities 12124321224886 
Total noncurrent liabilities:431422377340425167171
Total liabilities:472476406369459178185
Stockholders' equity
Stockholders' equity attributable to parent, including:268285275286202134131
Treasury stock, value(28)(31)(30)(17)(16)(15)(15)
Additional paid in capital154153150148146119119
Accumulated other comprehensive income (loss)(1)(0)00(1)00
Retained earnings143162155154722927
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest(1)(0)     
Total stockholders' equity:267284275286202134131
TOTAL LIABILITIES AND EQUITY:739760681655662311316

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Gross profit:20626225723213710659
Operating expenses(210)(223)(223)(171)(74)(92)(53)
Operating income (loss):(4)38346163146
Nonoperating income (expense)0(0)0011(0)
Loss on contract termination      (0)
Other nonoperating income (expense)0(0)00110
Interest and debt expense(20)(18)(16)(22)(7)(5)(4)
Income (loss) from continuing operations before equity method investments, income taxes:(24)20183956101
Other undisclosed income from continuing operations before income taxes      0
Income (loss) from continuing operations before income taxes:(24)20183956101
Income tax expense (benefit)5(7)(12)48(8)(4)(1)
Income (loss) from continuing operations:(19)136874761
Income from discontinued operations      39
Net income (loss):(19)1368747640
Net income attributable to noncontrolling interest 0     
Other undisclosed net income (loss) attributable to parent(0)0     
Net income (loss) available to common stockholders, diluted:(19)1368747640

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(19)1368747640
Other comprehensive loss(0)(0)(0)(1)(0)  
Comprehensive income (loss):(19)1368647640
Comprehensive income, net of tax, attributable to noncontrolling interest 0     
Other undisclosed comprehensive income (loss), net of tax, attributable to parent0(0)02(0)0(0)
Comprehensive income (loss), net of tax, attributable to parent:(19)1368847640

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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