Saga Communications, Inc.

Saga Communications, Inc.verified

SGA

Price:

$13.19

Market Cap:

$82.59M

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.[Read more]

Industry

Broadcasting

IPO Date

1993-03-02

Stock Exchange

NASDAQ

Ticker

SGA

The Current Ratio as of November 2024 (TTM) for Saga Communications, Inc. (SGA) is 2.64

According to Saga Communications, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.64. This represents a change of 7.35% compared to the average of 2.46 of the last 4 quarters.

Saga Communications, Inc. (SGA) Historical Current Ratio (quarterly & annually)

How has SGA Current Ratio performed in the past?

The mean historical Current Ratio of Saga Communications, Inc. over the last ten years is 3.39. The current 2.64 Current Ratio has changed 7.68% with respect to the historical average. Over the past ten years (40 quarters), SGA's Current Ratio was at its highest in in the March 2018 quarter at 5.52. The Current Ratio was at its lowest in in the December 2023 quarter at 2.16.

Quarterly (TTM)
Annual

Average

3.39

Median

3.35

Minimum

2.16

Maximum

5.09

Saga Communications, Inc. (SGA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Saga Communications, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 33.60%

Maximum Annual Current Ratio = 5.09

Minimum Annual Increase = -40.44%

Minimum Annual Current Ratio = 2.16

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.16-6.33%
20222.31-40.44%
20213.88-23.85%
20205.0933.60%
20193.8128.75%
20182.96-18.73%
20173.648.68%
20163.350.37%
20153.34-0.12%
20143.3411.28%

Saga Communications, Inc. (SGA) Average Current Ratio

How has SGA Current Ratio performed in the past?

The current Current Ratio of Saga Communications, Inc. (SGA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.78

5-year avg

3.45

10-year avg

3.39

Saga Communications, Inc. (SGA) Current Ratio vs. Peers

How is SGA’s Current Ratio compared to its peers?

Saga Communications, Inc.’s Current Ratio is less than iHeartMedia, Inc. (0), greater than Emmis Corporation (1.93), greater than Beasley Broadcast Group, Inc. (0), greater than The Liberty SiriusXM Group (1.60), less than The Liberty SiriusXM Group (2.89), less than Loop Media, Inc. (2.89), greater than The Liberty SiriusXM Group (0.66), less than Cumulus Media Inc. (2.89), greater than Salem Media Group, Inc. (1.89), greater than MediaCo Holding Inc. (0.66), greater than ProSiebenSat.1 Media SE (0.76), greater than RTL Group S.A. (0.95), greater than null (1.26),

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