Spanish Broadcasting System IncFind Ratings Reports
SPANISH BROADCASTING SYS INC's gross profit margin for the third quarter of its fiscal year 2016 has increased when compared to the same period a year ago. Even though sales decreased, the net income has increased. SPANISH BROADCASTING SYS INC has very weak liquidity. Currently, the Quick Ratio is 0.12 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has significantly decreased by 25.25% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
|Income Statement||Q3 FY16||Q3 FY15|
|Net Sales ($mil)||35.64||36.38|
|Net Income ($mil)||-4.76||-7.69|
|Balance Sheet||Q3 FY16||Q3 FY15|
|Cash & Equiv. ($mil)||27.42||28.29|
|Total Assets ($mil)||451.71||456.94|
|Total Debt ($mil)||429.97||420.62|
|Profitability||Q3 FY16||Q3 FY15|
|Gross Profit Margin||31.1||29.42|
|Return on Assets||-5.95||-5.65|
|Return on Equity||0.0||0.0|
|Debt||Q3 FY16||Q3 FY15|
|Share Data||Q3 FY16||Q3 FY15|
|Shares outstanding (mil)||7.27||7.27|
|Div / share||0.0||0.0|
|Book value / share||-16.2||-12.93|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||10498.0||6870.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Along with this, the price-to-book ratio is also meaningless due to a negative book value for the company, making any comparisons useless. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount.
|SBSA NM||Peers 30.44||SBSA 4.79||Peers 11.62|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
SBSA's P/E is negative making this valuation measure meaningless.
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
SBSA is trading at a significant discount to its peers.
|SBSA NA||Peers 79.83||SBSA NA||Peers 2.49|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|SBSA NM||Peers 3.52||SBSA -4.21||Peers 58.62|
Neutral. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
SBSA's P/B is negative making this valuation measure meaningless.
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
However, SBSA is expected to significantly trail its peers on the basis of its earnings growth rate.
|SBSA 0.15||Peers 6.61||SBSA -0.13||Peers 16.44|
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
SBSA is trading at a significant discount to its industry on this measurement.
Lower. A sales growth rate that trails the industry implies that a company is losing market share.
SBSA significantly trails its peers on the basis of sales growth