Regal Entertainment Group is Among the Companies in the Movies & Entertainment Industry With the Highest Debt to Asset Ratio (RGC, VIA, CNK, LGF, RDI)
Below are the three companies in the Movies & Entertainment industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.
Regal Entertainment Group ranks highest with a a debt to asset ratio of 0.98. Viacom is next with a a debt to asset ratio of 0.55. Cinemark ranks third highest with a a debt to asset ratio of 0.50.
Lions Gate Entertainment follows with a a debt to asset ratio of 0.44, and Reading International rounds out the top five with a a debt to asset ratio of 0.40.
SmarTrend recommended that its subscribers protect gains by selling shares of Viacom on August 9th, 2016 by issuing a Downtrend alert when the shares were trading at $47.26. Since that call, shares of Viacom have fallen 9.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest debt to asset ratio regal entertainment group Viacom cinemark Lions Gate Entertainment amex:rdi reading international