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Salem Media Grou is Among the Companies in the Broadcasting Industry With the Lowest Current Ratio (SALM, NXST, CBS, TSQ, TGNA)

By Amy Schwartz

Below are the three companies in the Broadcasting 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.

Salem Media Grou ranks lowest with a a current ratio of 1.1. Nexstar Media-A is next with a a current ratio of 1.6. Cbs Corp-B ranks third lowest with a a current ratio of 1.6.

Townsquare Med-A follows with a a current ratio of 1.9, and Tegna Inc rounds out the bottom five with a a current ratio of 2.0.

SmarTrend recommended that subscribers consider buying shares of Tegna Inc on January 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $11.81. Since that recommendation, shares of Tegna Inc have risen 34.2%. We continue to monitor Tegna Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio salem media grou nexstar media-a cbs corp-b townsquare med-a tegna inc