SPANISH BROADCASTING SYSTEM INC company info

CIK 927720
IRS Number 133827791
State of incorporation DE
Business address PABLO RAUL ALARCON MEDIA CENTER
7007 NW 77TH AVENUE
MIAMI
FL
33166
Mail address PABLO RAUL ALARCON MEDIA CENTER
7007 NW 77TH AVENUE
MIAMI
FL
33166

Short summary

SPANISH BROADCASTING SYSTEM INC is a Florida company, with head office located at Pablo Raul Alarcon Media Center Miami, Florida 33166. In 2018 the company owned a total of 437.67 million USD worth of assets, including 58.30 million USD worth of current assets. 2010 was the year when the company amassed the most assets.

SPANISH BROADCASTING SYSTEM INC Income Statement

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Selling, General and Administrative Expense 48.9952.4357.6369.2067.5466.5756.1158.83
Operating Expenses 102.94102.60101.85114.55112.29112.60102.50
Operating Income (Loss) 29.9538.1937.2538.3635.3433.8542.1740.53
Interest expense 13.828.2236.5639.7239.7239.8940.1635.85
Income Tax Expense (Benefit) 6.986.311.60-2.385.8411.238.63-24.66
Net income 15.0423.70-1.28-88.57-19.95-26.96-16.3419.62

SPANISH BROADCASTING SYSTEM INC Balance Sheet

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Cash and cash equivalents 44.6564.9822.5324.1724.0221.2416.5416.2320.7121.00
Property, Plant and Equipment, Gross 99.5899.10100.97102.01102.0588.1484.97
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 55.3659.8863.1267.1571.2273.8663.6563.3162.32
Goodwill 32.8132.8132.8132.8132.8132.8132.8132.8132.81
Other Assets, Noncurrent 3.711.841.031.070.630.460.440.731.00
Total assets 481.77466.74464.66457.18448.04442.57437.53437.39437.67
Current assets 91.0551.1556.6554.8753.0352.6052.1257.9458.30
Total current liabilities 345.3352.2060.32160.99165.05449.09445.25454.14444.44
Deferred income taxes 81.1485.8386.3183.9692.64103.43111.3080.9882.23
Total liabilities 434.08418.03424.47520.87534.36555.65559.69538.64530.25
Retained Earnings (Accumulated Deficit) -569.10-568.04-576.79-588.51-611.34-638.77-648.29-627.43-618.77
Accumulated Other Comprehensive Income (Loss), Net of Tax -0.81-0.86-0.68-0.53-0.33-0.12-0.09

SPANISH BROADCASTING SYSTEM INC Cash Flow

Name [in Millions USD]2009201020112012201320142015201620172018Trends
Net income 15.0423.70-1.28-88.57-19.95-26.96-16.3419.62
Depreciation 5.205.1754.704.604.30
Amortization of Intangible Assets 0.100.300.200.100.100.100.10
Depreciation and amortization 5.815.445.465.175.134.804.694.35
Deferred Income Tax Expense (Benefit) 6.846.121.68-2.885.6310.927.99-25.68
Accounts receivable 1.77-1.693.974.50-3.587.78-0.63-0.72
Deferred revenue 0.260.530.150.440.200.710.97-0.42
Net Cash Provided by (Used in) Operating Activities 24.2833.0114.567.15
Payments to Acquire Property, Plant, and Equipment 1.542.741.592.312.222.472.201.50
Payments to Acquire Productive Assets 1.592.31
Net Cash Provided by (Used in) Investing Activities -1.54-10.70-1.58-2.27
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -2.27-0.95-2.38-4.1017.46
Net Cash Provided by (Used in) Financing Activities -21.19-6.19-57.59-7.97
Cash and Cash Equivalents, Period Increase (Decrease) 1.5616.13-44.61-3.090.43-4.554.39-7.69