Spanish Broadcasting System Inc
Spanish Broadcasting System, Inc. operates as a Spanish-language media and entertainment company in the United States. The company produces and distributes Spanish-language content, including radio programs, music, and live entertainment through multimedia platforms. It also owns and operates radio stations in the Los Angeles, New York, Miami, Houston, Chicago, San Francisco, Orlando, Tampa, and … Read more
Spanish Broadcasting System Inc (SBSAA) - Net Assets
Latest net assets as of March 2025: $-26.03 Million USD
Based on the latest financial reports, Spanish Broadcasting System Inc (SBSAA) has net assets worth $-26.03 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($380.97 Million) and total liabilities ($407.00 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-26.03 Million |
| % of Total Assets | -6.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 76.21 |
Spanish Broadcasting System Inc - Net Assets Trend (1997–2024)
This chart illustrates how Spanish Broadcasting System Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Spanish Broadcasting System Inc (1997–2024)
The table below shows the annual net assets of Spanish Broadcasting System Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-20.44 Million | +8.54% |
| 2023-12-31 | $-22.35 Million | -223.52% |
| 2022-12-31 | $18.09 Million | -20.14% |
| 2021-12-31 | $22.66 Million | +121.50% |
| 2020-12-31 | $-105.41 Million | -31.28% |
| 2019-12-31 | $-80.30 Million | -1.16% |
| 2018-12-31 | $-79.38 Million | +17.24% |
| 2017-12-31 | $-95.91 Million | +15.95% |
| 2016-12-31 | $-114.12 Million | -15.80% |
| 2015-12-31 | $-98.55 Million | -32.81% |
| 2014-12-31 | $-74.20 Million | -36.28% |
| 2013-12-31 | $-54.45 Million | -18.74% |
| 2012-12-31 | $-45.85 Million | -32.46% |
| 2011-12-31 | $-34.62 Million | +28.64% |
| 2010-12-31 | $-48.51 Million | +12.57% |
| 2009-12-31 | $-55.48 Million | -46.95% |
| 2008-12-31 | $-37.76 Million | -112.39% |
| 2007-12-31 | $304.60 Million | -5.69% |
| 2006-12-31 | $322.99 Million | +17.53% |
| 2005-12-31 | $274.83 Million | -12.09% |
| 2004-12-31 | $312.64 Million | +6.69% |
| 2003-12-31 | $293.04 Million | +28.85% |
| 2002-12-31 | $227.43 Million | -26.50% |
| 2001-12-31 | $309.43 Million | +12.74% |
| 2000-12-31 | $274.47 Million | +70.69% |
| 1999-12-31 | $160.80 Million | +448.10% |
| 1998-12-31 | $-46.19 Million | -44.14% |
| 1997-12-31 | $-32.05 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spanish Broadcasting System 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 decreased by 63862581600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $653.30 Million | % |
| Total Equity | $-20.44 Million | 100.00% |
Spanish Broadcasting System Inc Competitors by Market Cap
The table below lists competitors of Spanish Broadcasting System Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PVW Resources Ltd
AU:PVW
|
$1.80 Million |
|
Chewathai Public Company Limited
BK:CHEWA
|
$1.80 Million |
|
Gema Grahasarana Tbk
JK:GEMA
|
$1.80 Million |
|
Fund.com Inc
PINK:FNDM
|
$1.80 Million |
|
Food and Drinks Public Company Limited
BK:F&D
|
$1.80 Million |
|
Steadfast Marine PT
JK:KPAL
|
$1.80 Million |
|
Chuan Huat Resources Bhd
KLSE:7016
|
$1.80 Million |
|
Fountain Asset Corp
V:FA
|
$1.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spanish Broadcasting System Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -22,351,000 to -20,442,000, a change of 1,909,000.
- Net income of 1,661,000 contributed positively to equity growth.
- Other factors increased equity by 248,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.66 Million | +8.13% |
| Other Changes | $248.00K | +1.21% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Spanish Broadcasting System 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $-10.32 | $0.30 | x |
| 1998-12-31 | $-13.75 | $0.30 | x |
| 1999-12-31 | $47.88 | $0.30 | x |
| 2000-12-31 | $47.19 | $0.30 | x |
| 2001-12-31 | $48.28 | $0.30 | x |
| 2002-12-31 | $35.17 | $0.30 | x |
| 2003-12-31 | $45.30 | $0.30 | x |
| 2004-12-31 | $47.89 | $0.30 | x |
| 2005-12-31 | $37.97 | $0.30 | x |
| 2006-12-31 | $44.62 | $0.30 | x |
| 2007-12-31 | $42.08 | $0.30 | x |
| 2008-12-31 | $-5.21 | $0.30 | x |
| 2009-12-31 | $-7.65 | $0.30 | x |
| 2010-12-31 | $-6.66 | $0.30 | x |
| 2011-12-31 | $-4.76 | $0.30 | x |
| 2012-12-31 | $-6.31 | $0.30 | x |
| 2013-12-31 | $-7.49 | $0.30 | x |
| 2014-12-31 | $-10.21 | $0.30 | x |
| 2015-12-31 | $-13.56 | $0.30 | x |
| 2016-12-31 | $-15.70 | $0.30 | x |
| 2017-12-31 | $-13.20 | $0.30 | x |
| 2018-12-31 | $-10.84 | $0.30 | x |
| 2019-12-31 | $-10.94 | $0.30 | x |
| 2020-12-31 | $-14.36 | $0.30 | x |
| 2021-12-31 | $3.07 | $0.30 | x |
| 2022-12-31 | $2.12 | $0.30 | x |
| 2023-12-31 | $-2.61 | $0.30 | x |
| 2024-12-31 | $-2.39 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spanish Broadcasting System 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.07%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 0.00% | -10.28% | 0.18x | 0.00x | $-2.96 Million |
| 1998 | 0.00% | 24.67% | 0.22x | 0.00x | $23.40 Million |
| 1999 | 3.61% | 5.95% | 0.27x | 2.27x | $-10.28 Million |
| 2000 | -3.86% | -8.65% | 0.19x | 2.31x | $-38.05 Million |
| 2001 | -2.45% | -4.97% | 0.22x | 2.26x | $-38.53 Million |
| 2002 | -39.51% | -64.06% | 0.22x | 2.79x | $-112.59 Million |
| 2003 | -2.99% | -6.47% | 0.16x | 2.87x | $-38.05 Million |
| 2004 | 8.96% | 17.91% | 0.15x | 3.23x | $-3.25 Million |
| 2005 | -12.83% | -20.77% | 0.17x | 3.69x | $-62.75 Million |
| 2006 | 15.44% | 28.19% | 0.19x | 2.88x | $17.57 Million |
| 2007 | 0.32% | 0.55% | 0.19x | 3.07x | $-29.48 Million |
| 2008 | 0.00% | -200.79% | 0.33x | 0.00x | $-324.95 Million |
| 2009 | 0.00% | -9.88% | 0.29x | 0.00x | $-8.23 Million |
| 2010 | 0.00% | 11.05% | 0.29x | 0.00x | $19.89 Million |
| 2011 | 0.00% | 16.81% | 0.28x | 0.00x | $27.16 Million |
| 2012 | 0.00% | -0.92% | 0.30x | 0.00x | $3.30 Million |
| 2013 | 0.00% | -57.59% | 0.33x | 0.00x | $-83.12 Million |
| 2014 | 0.00% | -13.64% | 0.32x | 0.00x | $-12.53 Million |
| 2015 | 0.00% | -18.35% | 0.33x | 0.00x | $-17.10 Million |
| 2016 | 0.00% | -11.30% | 0.32x | 0.00x | $-4.93 Million |
| 2017 | 0.00% | 14.57% | 0.31x | 0.00x | $29.21 Million |
| 2018 | 0.00% | 11.58% | 0.32x | 0.00x | $24.43 Million |
| 2019 | 0.00% | -0.59% | 0.33x | 0.00x | $7.10 Million |
| 2020 | 0.00% | -20.60% | 0.27x | 0.00x | $-14.58 Million |
| 2021 | 7.64% | 1.19% | 0.33x | 19.62x | $-534.90K |
| 2022 | -26.62% | -3.08% | 0.35x | 24.41x | $-6.63 Million |
| 2023 | 0.00% | -26.32% | 0.39x | 0.00x | $-38.46 Million |
| 2024 | 0.00% | 1.07% | 0.39x | 0.00x | $3.71 Million |
Industry Comparison
This section compares Spanish Broadcasting System Inc's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $461,004,694
- Average return on equity (ROE) among peers: -112.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spanish Broadcasting System Inc (SBSAA) | $-26.03 Million | 0.00% | N/A | $1.80 Million |
| Aferian Plc (AOECF) | $78.88 Million | -22.09% | 0.59x | $3.61 Million |
| TV Azteca S.A.B. de C.V (AZTEF) | $3.48 Billion | -18.61% | 7.05x | $89.58K |
| Beasley Broadcast Group Inc (BBGI) | $47.53 Million | -64.28% | 4.57x | $2.28 Million |
| Cumulus Media Inc Class A (CMLS) | $512.74 Million | 38.24% | 6.55x | $1.82 Million |
| Curiositystream Inc. (CURI) | $72.65 Million | -67.31% | 0.39x | $138.54 Million |
| Emmis Communications Corp (EMMS) | $-6.51 Million | 0.00% | 0.00x | $26.80 Million |
| Freedom Holdings Inc (FHLD) | $268.93K | -415.05% | 9.21x | $894.13K |
| Fubotv Inc (FUBO) | $283.82 Million | -101.28% | 3.34x | $409.09 Million |
| Granite Broadcasting Corporation (GRRP) | $26.99 Million | -302.20% | 16.49x | $1.99K |
| Gray Television Inc (GTN-A) | $117.11 Million | -172.51% | 9.92x | $894.19 Million |