As of June 8, 2025, Saga Communications Inc (SGA) reports a Current Ratio of 2.84.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Saga Communications Inc's Current Ratio
Over recent years, Saga Communications Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 2.84 |
| 2023-12-31 | 2.16 |
| 2022-12-31 | 2.31 |
| 2021-12-31 | 3.88 |
| 2020-12-31 | 5.11 |
This slight downward trend highlights how Saga Communications Inc manages its short-term assets and liabilities over time.
Comparing Saga Communications Inc's Current Ratio to Peers
To better understand Saga Communications Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Saga Communications Inc (SGA) | 2.84 |
| Emmis Communications Corp (EMMS) | 5.46 |
| Entravision Communications Corp (EVC) | 3.02 |
| Tegna Inc (TGNA) | 2.92 |
| Urban One Inc (UONEK) | 2.67 |
| Sinclair Inc (SBGI) | 2.45 |
Compared to its competitors, Saga Communications Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.