Townsquare Media Inc

NYSE TSQ

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Townsquare Media Inc Interest Coverage Ratio 2 year CAGR for the quarter ending March 31, 2024: -19.04%

Townsquare Media Inc Interest Coverage Ratio 2 year CAGR is -19.04% for the quarter ending March 31, 2024, a -3,054.28% change year over year. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Townsquare Media Inc Interest Coverage Ratio for the quarter ending March 31, 2023 was 1.44, a -12.58% change year over year.
Townsquare Media Inc Interest Coverage Ratio for the quarter ending March 31, 2022 was 1.65, a 13.02% change year over year.
Townsquare Media Inc Interest Coverage Ratio for the quarter ending March 31, 2021 was 1.46, a -31.50% change year over year.
Townsquare Media Inc Interest Coverage Ratio for the quarter ending March 31, 2020 was 2.13, a 51.67% change year over year.

NYSE: TSQ

Townsquare Media Inc

CEO	Mr. Steven Price
IPO Date	Jan. 25, 2000
Location	United States
Headquarters	One Manhattanville Road, Purchase, NY, United States, 10577
Employees	2,159
Sector	Communication Services
Industry	Advertising agencies

Description

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services. The Digital Advertising segment provides digital advertising on its owned and operated, digital programmatic advertising, and data analytics and management platform. The Broadcast Advertising segment engages in the sale of advertising on local radio stations to local, regional, and national spot advertisers, as well as national network advertisers. It also owns and operates live events, including concerts, expositions, and other experiential events; and operates local media under the WYRK.com, WJON.com, and NJ101.5.com brands, as well as national music under the XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com brands. The company was formerly known as Regent Communications, Inc. and changed its name to Townsquare Media, Inc. in May 2010. Townsquare Media, Inc. is headquartered in Purchase, New York.

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