Company Information

  

Address: 73 KERCHEVAL AVE  
City: GROSSE POINTE FARMS 
State: MI 
Zip Code: 48236 
Telephone: 313-886-7070 

Description of Business

Primary SIC Code: 4832
(As filed with the SEC)  

We are a broadcast company primarily engaged in acquiring, developing and operating broadcast properties. As of February 28, 2017, we owned and/or operated four television stations and five low-power television stations serving two markets, and sixty-eight FM and thirty-two AM radio stations serving twenty-four markets, including Bellingham, Washington; Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New Hampshire; Des Moines, Iowa; and Joplin, Missouri.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20172.720.30016.76
06/20172.880.30015.89
03/20173.150.30016.21
12/20163.090.50016.28
09/20162.880.30015.74
06/20162.490.25015.88
03/20162.450.25016.35
12/20152.290.50016.79

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.69Total Liab/Total Assets0.39
Net Inc/Total Assets0.08Total Liab/Inv Cap0.42
Net Inc/Inv Cap0.09Total Liab/Comm Equity3.28
Pretax Inc/Net Sales0.22Interest Coverage Ratio40.54
Net Inc/Net Sales0.13Curr Debt/Equity0.01
Cash Flow/Net Sales0.21LTD/Equity0.27
SG&A/NetSales0.07Total Debt/Equity0.28
Asset Utilization   Liquidity  
Net Receivables Turnover6.32Quick Ratio3.35
Inventory TurnoverNACurrent Ratio3.35
Inventory Day SalesNANet Rec/Curr Assets0.42
Net Sales/Work Cap3.78Inv/Curr AssetsNA
Net Sales/PP&E2.52  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 30.27 25.01 31.41 54.38
Cost of Goods Sold 21.76 17.71 25.05 36.79
Selling & Admin Exps 3.01 2.93 2.87 2.91
Operating Income 5.51 4.36 3.49 14.69
Interest Exp 0.25 0.22 0.22 0.23
Pretax Income 5.26 4.14 3.27 14.46
Other Income NA NA NA 0.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 33.42 4.53 1.94 4.94

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 81.04 30.23 30.58 26.64
Receivables - Total 18.88 17.19 19.18 22.68
Inventories - Total NA NA NA NA
Total Current Assets 103.66 74.36 54.52 53.79
Net Property, Plant & Equipment 56.35 49.87 56.32 56.56
Total Assets 277.95 226.88 221.57 221.02
Liabilities        
Accounts Payable 35.40 11.82 13.15 13.50
Debt in Current Liabilities 10.29 NA 0.00 1.08
Total Current Liabilities 47.37 17.78 15.07 16.05
Long-Term Debt 25.00 35.29 36.37 36.26
Total Liabilities 106.40 87.56 85.58 86.04
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA 0.00
Common Stock 0.08 0.08 0.07 0.07
Retained Earnings 143.31 111.66 108.90 108.73
Treasury Stock -33.99 -33.95 -33.12 -33.38
Total Stockholders' Equity 171.56 139.32 135.98 134.98
Total Liabilities and Stockholders' Equity 277.95 226.88 221.57 221.02

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 5.47 7.75 5.46 8.31
Net Cash Provided by Investing Activities 45.37 -4.62 -1.52 -0.70
Net Cash Provided by Financing Activities -0.04 -3.54 NA -3.69

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012130.2617.922.39
12/2013129.4815.272.60
12/2014134.0014.902.55
12/2015132.8613.412.29
12/2016142.5918.193.09
Growth Rates2.290.366.63

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17524,65992.73




Report Date : 12/4/2017

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