Townsquare Net Borrowings from 2010 to 2024
| TSQ Stock | USD 10.08 0.05 0.49% |
Net Borrowings | First Reported 2014-12-31 | Previous Quarter -718 K | Current Value -13.7 M | Quarterly Volatility 54.3 M |
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.
Townsquare | Net Borrowings |
Latest Townsquare Media's Net Borrowings Growth Pattern
Below is the plot of the Net Borrowings of Townsquare Media over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Townsquare Media's Net Borrowings 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.
| Net Borrowings | 10 Years Trend |
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Net Borrowings |
| Timeline |
Townsquare Net Borrowings Regression Statistics
| Arithmetic Mean | (40,905,392) | |
| Coefficient Of Variation | (140.52) | |
| Mean Deviation | 48,661,072 | |
| Median | (19,546,000) | |
| Standard Deviation | 57,482,215 | |
| Sample Variance | 3304.2T | |
| Range | 180.2M | |
| R-Value | 0.64 | |
| Mean Square Error | 2085.8T | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 8,268,458 | |
| Total Sum of Squares | 46258.9T |
Townsquare Net Borrowings History
About Townsquare Media Financial Statements
Townsquare Media shareholders use historical fundamental indicators, such as Net Borrowings, 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 Reported | Projected for Next Year | ||
| Net Borrowings | -21.7 M | -22.8 M |
Pair Trading with Townsquare Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Townsquare Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Townsquare Media will appreciate offsetting losses from the drop in the long position's value.Moving against Townsquare Stock
| 0.4 | EEX | Emerald Expositions | PairCorr |
| 0.38 | AMC | AMC Entertainment Aggressive Push | PairCorr |
| 0.34 | HAO | Haoxi Health Technology | PairCorr |
The ability to find closely correlated positions to Townsquare Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Townsquare Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Townsquare Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Townsquare Media to buy it.
The correlation of Townsquare Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Townsquare Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Townsquare Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Townsquare Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.