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Meredith Corp is Among the Companies in the Publishing Industry With the Lowest Current Ratio (MDP, GCI, NEWM, NWS, NWSA)

By Nick Russo

Below are the three companies in the Publishing industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

Meredith Corp ranks lowest with a a current ratio of 1.1. Gannett Co Inc is next with a a current ratio of 1.2. New Media Invest ranks third lowest with a a current ratio of 1.3.

News Corp-Cl B follows with a a current ratio of 1.6, and News Corp-Cl A rounds out the bottom five with a a current ratio of 1.6.

SmarTrend recommended that subscribers consider buying shares of Gannett Co Inc on July 19th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $9.45. Since that recommendation, shares of Gannett Co Inc have risen 13.2%. We continue to monitor Gannett Co Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio meredith corp gannett co inc new media invest news corp-cl b news corp-cl a

Ticker(s): MDP GCI NEWM NWS NWSA