Townsquare Current Ratio from 2010 to 2024

TSQ Stock  USD 10.03  0.04  0.40%   
Townsquare Media Current Ratio yearly trend continues to be relatively stable with very little volatility. Current Ratio is likely to grow to 2.10 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.7372253
Current Value
2.1
Quarterly Volatility
0.2193945
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Townsquare Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Townsquare Media's main balance sheet or income statement drivers, such as Interest Expense of 21 M, Selling General Administrative of 7.6 M or Total Revenue of 284.1 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.047 or PTB Ratio of 28.99. Townsquare financial statements analysis is a perfect complement when working with Townsquare Media Valuation or Volatility modules.
  
Check out the analysis of Townsquare Media Correlation against competitors.
To learn how to invest in Townsquare Stock, please use our How to Invest in Townsquare Media guide.

Latest Townsquare Media's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Townsquare Media over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Townsquare Media's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Townsquare Media's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.26 X10 Years Trend
Very volatile
   Current Ratio   
       Timeline  

Townsquare Current Ratio Regression Statistics

Arithmetic Mean1.92
Geometric Mean1.91
Coefficient Of Variation11.41
Mean Deviation0.17
Median1.93
Standard Deviation0.22
Sample Variance0.05
Range0.7634
R-Value(0.02)
Mean Square Error0.05
R-Squared0.0006
Significance0.93
Slope(0)
Total Sum of Squares0.67

Townsquare Current Ratio History

2024 2.1
2023 1.74
2022 1.68
2021 1.58
2020 2.35
2019 2.25
2018 2.03

About Townsquare Media Financial Statements

Townsquare Media shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Townsquare Media investors may analyze each financial statement separately, they are all interrelated. The changes in Townsquare Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Townsquare Media's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.74  2.10 

Additional Tools for Townsquare Stock Analysis

When running Townsquare Media's price analysis, check to measure Townsquare Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Townsquare Media is operating at the current time. Most of Townsquare Media's value examination focuses on studying past and present price action to predict the probability of Townsquare Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Townsquare Media's price. Additionally, you may evaluate how the addition of Townsquare Media to your portfolios can decrease your overall portfolio volatility.