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Shares of Saga Comm-Cl A Rank the Lowest in Terms of Debt-to-Capital Ratio in the Broadcasting Industry (SGA, EVC, HMTV, TRCO, ETM)

By Nick Russo

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 Comm-Cl A ranks lowest with a a Debt-to-Capital ratio of 1,222.7%. Following is Entravision Co-A with a a Debt-to-Capital ratio of 4,585.8%. Hemisphere Media ranks third lowest with a a Debt-to-Capital ratio of 4,650.0%.

Tribune Media -A follows with a a Debt-to-Capital ratio of 4,757.2%, and Entercom Comm-A rounds out the bottom five with a a Debt-to-Capital ratio of 5,149.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Entravision Co-A on March 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $3.42. Since that call, shares of Entravision Co-A have fallen 14.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio amex:sga saga comm-cl a entravision co-a hemisphere media tribune media -a entercom comm-a