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Lowest Debt-to-Capital Ratio in the Broadcasting Industry Detected in Shares of Saga Communications (SGA, SSP, CRWN, DISCA, ETM)

By Shiri Gupta

Below are the three companies in the Broadcasting industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Saga Communications ranks lowest with a a Debt-to-Capital ratio of 23.0%. Following is EW Scripps with a a Debt-to-Capital ratio of 31.1%. Crown Media ranks third lowest with a a Debt-to-Capital ratio of 39.2%.

Discovery Communications follows with a a Debt-to-Capital ratio of 54.5%, and Entercom Communications rounds out the bottom five with a a Debt-to-Capital ratio of 57.4%.

SmarTrend recommended that subscribers consider buying shares of Crown Media on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $4.85. Since that recommendation, shares of Crown Media have risen 4.6%. We continue to monitor Crown Media for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio saga communications ew scripps crown media Discovery Communications entercom communications