% | $
Quotes you view appear here for quick access.

Entercom Communications Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Aug 26, 2010 11:19 AM Flag

    ETM had $975 M in debt at 2007 year end.



    If revenues FLATLINE instead of growing, the company does just fine. Indeed, it has been paying off roughly $100M/year in debt in tough times, and the more the debt decreases, the better the terms the company can get on the refinancing. Also, income rises as interest expense drops.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Yes, but revenues flatlining are too close for comfort for me. That would mean we would need more expense cuts...and that secular decline in radio was more serious than I thought. With the huge revenue declines we've seen, comparing 2009 to 2006, there is EVERY reason to see modest growth for each of the next 2 year (2011 and 2012), at the very least.

13.890.00(0.00%)Aug 30 4:02 PMEDT