Lions Gate Entertainment is Among the Companies in the Movies & Entertainment Industry With the Highest Debt to EBITDA Ratio (LGF, LYV, RGC, VIA, RDI)
Below are the three companies in the Movies & Entertainment industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.
Lions Gate Entertainment ranks highest with a a debt to EBITDA ratio of 10.1. Following is Live Nation with a a debt to EBITDA ratio of 5.5. Regal Entertainment Group ranks third highest with a a debt to EBITDA ratio of 4.5.
Viacom follows with a a debt to EBITDA ratio of 3.7, and Reading International rounds out the top five with a a debt to EBITDA ratio of 3.7.
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Keywords: highest debt to ebitda ratio Lions Gate Entertainment Live Nation regal entertainment group Viacom amex:rdi reading international