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

By Amy Schwartz

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 its subscribers protect gains by selling shares of Cbs Corp-B on July 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $50.31. Since that call, shares of Cbs Corp-B have fallen 16.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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