Saga Communications Inc (SGA) - Net Assets
Based on the latest financial reports, Saga Communications Inc (SGA) has net assets worth $162.06 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($218.35 Million) and total liabilities ($56.30 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SGA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $162.06 Million |
| % of Total Assets | 74.22% |
| Annual Growth Rate | 7.82% |
| 5-Year Change | -12.92% |
| 10-Year Change | 35.1% |
| Growth Volatility | 17.52 |
Saga Communications Inc - Net Assets Trend (1992–2024)
This chart illustrates how Saga Communications Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Saga Communications Inc for the complete picture of this company's asset base.
Annual Net Assets for Saga Communications Inc (1992–2024)
The table below shows the annual net assets of Saga Communications Inc from 1992 to 2024. For live valuation and market cap data, see Saga Communications Inc (SGA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $165.92 Million | -2.71% |
| 2023-12-31 | $170.55 Million | -4.47% |
| 2022-12-31 | $178.53 Million | -9.34% |
| 2021-12-31 | $196.92 Million | +3.35% |
| 2020-12-31 | $190.54 Million | -0.94% |
| 2019-12-31 | $192.35 Million | +3.97% |
| 2018-12-31 | $185.00 Million | +3.08% |
| 2017-12-31 | $179.47 Million | +32.95% |
| 2016-12-31 | $134.98 Million | +9.91% |
| 2015-12-31 | $122.82 Million | +6.57% |
| 2014-12-31 | $115.25 Million | +5.05% |
| 2013-12-31 | $109.70 Million | +5.27% |
| 2012-12-31 | $104.21 Million | +12.08% |
| 2011-12-31 | $92.97 Million | +16.11% |
| 2010-12-31 | $80.08 Million | +24.94% |
| 2009-12-31 | $64.09 Million | -1.54% |
| 2008-12-31 | $65.10 Million | -56.33% |
| 2007-12-31 | $149.08 Million | +9.42% |
| 2006-12-31 | $136.24 Million | +8.28% |
| 2005-12-31 | $125.82 Million | +7.34% |
| 2004-12-31 | $117.22 Million | +9.31% |
| 2003-12-31 | $107.24 Million | +15.24% |
| 2002-12-31 | $93.06 Million | +23.98% |
| 2001-12-31 | $75.06 Million | +14.39% |
| 2000-12-31 | $65.62 Million | +11.03% |
| 1999-12-31 | $59.10 Million | +32.21% |
| 1998-12-31 | $44.70 Million | +16.71% |
| 1997-12-31 | $38.30 Million | +15.71% |
| 1996-12-31 | $33.10 Million | +14.53% |
| 1995-12-31 | $28.90 Million | +9.89% |
| 1994-12-31 | $26.30 Million | +9.58% |
| 1993-12-31 | $24.00 Million | +61.07% |
| 1992-12-31 | $14.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saga Communications Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13991600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $128.22 Million | 77.27% |
| Common Stock | $82.00K | 0.05% |
| Other Components | $37.62 Million | 22.68% |
| Total Equity | $165.92 Million | 100.00% |
Saga Communications Inc Competitors by Market Cap
The table below lists competitors of Saga Communications Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mgame Corp
KQ:058630
|
$70.16 Million |
|
Clime Capital Ltd
AU:CAM
|
$70.18 Million |
|
Novita S.A.
WAR:NVT
|
$70.18 Million |
|
Maxiparts Ltd
AU:MXI
|
$70.18 Million |
|
Magna Prima Bhd
KLSE:7617
|
$70.15 Million |
|
Solborn Inc
KQ:035610
|
$70.14 Million |
|
Sangsangin Co. Ltd
KQ:038540
|
$70.14 Million |
|
Cloudpoint Technology Berhad
KLSE:0277
|
$70.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saga Communications Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 170,549,000 to 165,922,000, a change of -4,627,000 (-2.7%).
- Net income of 3,460,000 contributed positively to equity growth.
- Dividend payments of 22,520,000 reduced retained earnings.
- Share repurchases of 290,000 reduced equity.
- Other factors increased equity by 14,723,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.46 Million | +2.09% |
| Dividends Paid | $22.52 Million | -13.57% |
| Share Repurchases | $290.00K | -0.17% |
| Other Changes | $14.72 Million | +8.87% |
| Total Change | $- | -2.71% |
Book Value vs Market Value Analysis
This analysis compares Saga Communications Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.40x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.30x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | $2.56 | $11.01 | x |
| 1993-12-31 | $3.60 | $11.01 | x |
| 1994-12-31 | $3.84 | $11.01 | x |
| 1995-12-31 | $4.37 | $11.01 | x |
| 1996-12-31 | $4.89 | $11.01 | x |
| 1997-12-31 | $5.71 | $11.01 | x |
| 1998-12-31 | $6.61 | $11.01 | x |
| 1999-12-31 | $8.51 | $11.01 | x |
| 2000-12-31 | $9.38 | $11.01 | x |
| 2001-12-31 | $10.78 | $11.01 | x |
| 2002-12-31 | $13.16 | $11.01 | x |
| 2003-12-31 | $15.10 | $11.01 | x |
| 2004-12-31 | $16.61 | $11.01 | x |
| 2005-12-31 | $18.26 | $11.01 | x |
| 2006-12-31 | $19.98 | $11.01 | x |
| 2007-12-31 | $22.23 | $11.01 | x |
| 2008-12-31 | $10.31 | $11.01 | x |
| 2009-12-31 | $11.43 | $11.01 | x |
| 2010-12-31 | $14.20 | $11.01 | x |
| 2011-12-31 | $16.44 | $11.01 | x |
| 2012-12-31 | $13.78 | $11.01 | x |
| 2013-12-31 | $19.10 | $11.01 | x |
| 2014-12-31 | $20.03 | $11.01 | x |
| 2015-12-31 | $21.40 | $11.01 | x |
| 2016-12-31 | $23.39 | $11.01 | x |
| 2017-12-31 | $30.90 | $11.01 | x |
| 2018-12-31 | $31.74 | $11.01 | x |
| 2019-12-31 | $32.97 | $11.01 | x |
| 2020-12-31 | $32.45 | $11.01 | x |
| 2021-12-31 | $33.28 | $11.01 | x |
| 2022-12-31 | $29.89 | $11.01 | x |
| 2023-12-31 | $28.21 | $11.01 | x |
| 2024-12-31 | $27.31 | $11.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saga Communications Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.09%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.06%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.34x
- Recent ROE (2.09%) is below the historical average (6.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | -4.70% | -2.26% | 0.56x | 3.68x | $-2.19 Million |
| 1993 | 3.33% | 2.31% | 0.60x | 2.40x | $-1.60 Million |
| 1994 | 8.75% | 5.18% | 0.57x | 2.97x | $-330.00K |
| 1995 | 9.34% | 5.43% | 0.66x | 2.59x | $-190.00K |
| 1996 | 11.78% | 6.94% | 0.58x | 2.91x | $590.00K |
| 1997 | 11.75% | 6.79% | 0.59x | 2.93x | $670.00K |
| 1998 | 14.32% | 8.43% | 0.58x | 2.91x | $1.93 Million |
| 1999 | 14.55% | 9.56% | 0.55x | 2.75x | $2.69 Million |
| 2000 | 13.18% | 8.50% | 0.57x | 2.74x | $2.09 Million |
| 2001 | 11.41% | 8.24% | 0.51x | 2.70x | $1.06 Million |
| 2002 | 15.00% | 12.16% | 0.51x | 2.43x | $4.65 Million |
| 2003 | 12.95% | 11.45% | 0.46x | 2.45x | $3.16 Million |
| 2004 | 13.51% | 11.77% | 0.48x | 2.39x | $4.12 Million |
| 2005 | 8.40% | 7.50% | 0.44x | 2.53x | $-2.02 Million |
| 2006 | 9.14% | 8.71% | 0.44x | 2.37x | $-1.18 Million |
| 2007 | 7.38% | 7.64% | 0.43x | 2.26x | $-3.90 Million |
| 2008 | -102.14% | -47.51% | 0.63x | 3.40x | $-73.00 Million |
| 2009 | -4.03% | -2.14% | 0.60x | 3.16x | $-8.99 Million |
| 2010 | 18.90% | 11.84% | 0.64x | 2.50x | $7.13 Million |
| 2011 | 13.59% | 9.92% | 0.67x | 2.05x | $3.33 Million |
| 2012 | 17.20% | 13.76% | 0.66x | 1.89x | $7.50 Million |
| 2013 | 13.92% | 11.80% | 0.67x | 1.76x | $4.30 Million |
| 2014 | 12.93% | 11.12% | 0.70x | 1.67x | $3.38 Million |
| 2015 | 10.92% | 10.10% | 0.65x | 1.67x | $1.13 Million |
| 2016 | 13.47% | 12.75% | 0.65x | 1.64x | $4.69 Million |
| 2017 | 30.49% | 46.31% | 0.47x | 1.39x | $36.77 Million |
| 2018 | 7.40% | 10.97% | 0.50x | 1.34x | $-4.81 Million |
| 2019 | 6.90% | 10.79% | 0.49x | 1.31x | $-5.96 Million |
| 2020 | -1.00% | -2.00% | 0.39x | 1.29x | $-20.97 Million |
| 2021 | 5.67% | 10.30% | 0.44x | 1.26x | $-8.53 Million |
| 2022 | 5.15% | 8.01% | 0.48x | 1.35x | $-8.65 Million |
| 2023 | 5.57% | 8.42% | 0.49x | 1.36x | $-7.55 Million |
| 2024 | 2.09% | 3.06% | 0.51x | 1.34x | $-13.13 Million |
Industry Comparison
This section compares Saga Communications Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $1,297,557,253
- Average return on equity (ROE) among peers: -1259.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saga Communications Inc (SGA) | $162.06 Million | -4.70% | 0.35x | $70.16 Million |
| Beasley Broadcast Group Inc (BBGI) | $81.08 Million | 14.84% | 2.53x | $7.05 Million |
| Cumulus Media Inc Class A (CMLS) | $16.03 Million | -3408.77% | 187.67x | $2.54 Million |
| Curiositystream Inc. (CURI) | $106.69 Million | -34.40% | 0.07x | $180.73 Million |
| CuriosityStream Inc (CURIW) | $57.85 Million | -22.37% | 0.49x | $121.00 |
| Fubotv Inc (FUBO) | $28.96K | -9048.21% | 17.95x | $412.68 Million |
| Gray Television Inc (GTN) | $174.01 Million | 10.51% | 6.67x | $523.55 Million |
| Gray Television Inc (GTN-A) | $2.93 Billion | 12.79% | 2.59x | $109.27 Million |
| iHeartMedia Inc Class A (IHRT) | $9.55 Billion | 8.86% | 1.09x | $527.25 Million |
| Mediaco Holding Inc (MDIA) | $37.41 Million | -20.40% | 1.82x | $51.19 Million |
| Newsmax, Inc. (NMAX) | $18.10 Million | -110.15% | 2.69x | $573.50 Million |
About Saga Communications Inc
Saga Communications, Inc., a media company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, country, classic country, hot/soft/urban adult contemporary, oldies, classic rock, rock, and news/talk. It also owns and operates FM and AM radio stations, and metro signals serving various … Read more