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