• Return to Headlines

Highest Debt to Equity Ratio in the Broadcasting Industry Detected in Shares of Amc Networks-A (AMCX, CBS, DISCA, DISCK, TGNA)

By Nick Russo

Below are the three companies in the Broadcasting industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

Amc Networks-A ranks highest with a a debt to equity ratio of 2,319.8. Cbs Corp-B is next with a a debt to equity ratio of 513.8. Discovery Comm-A ranks third highest with a a debt to equity ratio of 321.5.

Discovery Comm-C follows with a a debt to equity ratio of 321.5, and Tegna Inc rounds out the top five with a a debt to equity ratio of 302.3.

SmarTrend recommended that subscribers consider buying shares of Discovery Comm-C on November 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $26.25. Since that recommendation, shares of Discovery Comm-C have risen 16.8%. We continue to monitor Discovery Comm-C for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to equity ratio amc networks-a cbs corp-b discovery comm-a discovery comm-c tegna inc

Ticker(s): AMCX CBS DISCA DISCK TGNA