Townsquare Media (TSQ) Divestments (2016 - 2019)
Townsquare Media's (TSQ) quarterly Divestments came in at -$9000.0 in Q4 2019, down 350.0% on a YoY basis from $3600.0 in Q4 2018, and down 100.1% quarter-over-quarter from $9.3 million in Q2 2019.
Analysis
Townsquare Media (TSQ) Divestments (2016 - 2019) Analysis & Trends
Townsquare Media (TSQ) has reported Divestments for 4 consecutive years, with -$9000.0 the latest figure, recorded in Q4 2019.
- For the quarter ending Q4 2019, Divestments fell 350.0% year-over-year to -$9000.0; the trailing twelve-month figure through Sep 2020 stood at -$9000.0 (down 100.08% YoY), and the FY2019 full-year result was $11.1 million, down 53.39% from the prior year.
- Divestments declined to -$9000.0 in Q4 2019 per TSQ's latest filing, from $9.3 million in the prior quarter.
- Across five years, Divestments topped out at $24.8 million in Q2 2018 and bottomed at -$6.6 million in Q4 2016.
- Historically, Divestments has averaged $2.5 million across 4 years, with a median of -$10500.0 in 2018.
- The widest YoY moves for Divestments: up 275.49% in 2019, down 350.0% in 2019.
- Over 4 years, Divestments stood at -$6.6 million in 2016, then jumped by 73.84% to -$1.7 million in 2017, then soared by 99.88% to -$2000.0 in 2018, then slumped by 350.0% to -$9000.0 in 2019.
- According to Business Quant data, Divestments over the past three periods registered -$9000.0, $9.3 million, and $1.8 million for Q4 2019, Q2 2019, and Q1 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sirius Xm Holdings | 9.20 Bn | 9.03 Bn | 1.44 Bn | - |
| 2 | iHeartMedia | 326.01 Mn | 153.93 Mn | 576.68 Mn | - |
| 3 | Townsquare Media | 94.29 Mn | 95.31 Mn | 30.84 Mn | - |
| 4 | Mediaco Holding | 89.20 Mn | 87.40 Mn | -1.26 Mn | - |
| 5 | PodcastOne | 71.12 Mn | 64.10 Mn | 1.90 Mn | - |
| 6 | Saga Communications | 56.52 Mn | 28.68 Mn | 20.50 Mn | - |
| 7 | Beasley Broadcast | 31.24 Mn | 24.54 Mn | - | - |
| 8 | Urban One | 18.96 Mn | 6.51 Mn | 55.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | -9,000.00 |
| Jun 30, 2019 | 9.30 Mn |
| Mar 31, 2019 | 1.79 Mn |
| Dec 31, 2018 | -2,000.00 |
| Sep 30, 2018 | -12,000.00 |
| Jun 30, 2018 | 24.81 Mn |
| Mar 31, 2018 | -1.02 Mn |
| Dec 31, 2017 | -1.72 Mn |
| Sep 30, 2017 | -1.86 Mn |
| Dec 31, 2016 | -6.58 Mn |