Forensic Analysis · Television Broadcasting · as of Nov 10, 2026
Entravision Communications Corp (EVC)
A forensic read on Entravision Communications Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-6.5
Distress distance
Clean
Earnings quality
4
Forensic signals
-78.6%
ROE
22.6%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Entravision Communications Corp earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads -6.5, placing it in the Distress zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-23.7%
FY2025
Return on invested capital.Return on invested capital is -23.7% in the latest fiscal year and slipping across FY2023–FY2025 from -3.9%. After-tax operating profit was ($21M) in FY2023 and ($66M) in FY2025, with operating income at -8.9% of revenue in FY2023, -14.2% in FY2024 and -18.6% in FY2025. The capital base behind it came down -48% across FY2023–FY2025, from $535M to $278M, so this return is struck on a smaller base than it started on. FY2023's operating profit carried a $13M asset write-down that took about 2.0 points off that year's return, and FY2025's carried a $55M asset write-down that took about 15.7 points off the latest; so, net of each other, the two charges take about 13.7 points off the -19.8-point change across FY2023–FY2025. FY2024's operating profit carried a $61M asset write-down and a $43M goodwill write-off that alone took about 19.1 points off that year's return; FY2024 sits between the two ends of FY2023–FY2025, so the charge shapes the path between them without moving the change across it. A non-cash write-down lowers the reported return in the year it lands.
518% of FCF
FY2025
Shareholder returns.Returned $18M to shareholders (buybacks + dividends) in FY2025 — 518% of free cash flow. That is $15M (418%) more than free cash flow covered, and more than operating cash flow as well. The balance sheet's own liquid holdings covered it: cash and short-term investments fell $37M over FY2025; total debt is not on file on the same basis at both year ends, so whether new borrowing also covered part of it cannot be read. A payout past free cash flow draws the balance sheet down in every year it continues, which isn't sustainable indefinitely. Counting the $11M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 830%.
77d DSO
FY2024→FY2025
Receivables vs revenue.Days sales outstanding moved from 68 to 77 days FY2024→FY2025 (receivables +39% vs revenue +23%). Across FY2023–FY2025 the day count ran 86 → 68 → 77 days, so the latest reading sits on top of a record that was flat or falling before it — one year's move, not a direction the business has been travelling in. Receivables grew, but deferred revenue grew +44% over the same period too — rising alongside rising unearned revenue reads as upfront billing on multi-period contracts, not slipping collections. Both figures are measured on period-end balances rather than the beginning-plus-ending average, because averaging needs the balance a year before every reading — FY2024's opening balance is on file, but across the 3 fiscal years read here (FY2023–FY2025) the average yields only 2 day counts (1 step), too few to tell a climb from one year's move.DSO (days sales outstanding): the average days the company waits to collect cash after a sale.
$43M
FY2024
Goodwill impairments.Took $43M of goodwill writedowns across 1 year (FY2024 ($43M)). Writedowns mean past acquisitions underperformed what was paid for them.
Key fundamentals
Latest Revenue$447.6M
Revenue Growth YoY+22.6%
Revenue CAGR (2yr)+22.8%
Net Margin-17.7%
Free Cash Flow$3.5M
Return on Equity-78.6%
Debt / Equity3.01x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Entravision Communications Corp's actual 10-K/10-Q/8-K filings?