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Shares of New Media Invest Rank the Highest in Terms of Debt to Asset Ratio in the Publishing Industry (NEWM, MDP, GCI, NYT, DJCO)

By Nick Russo

Below are the three companies in the Publishing 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.

New Media Invest ranks highest with a a debt to asset ratio of 28.04. Following is Meredith Corp with a a debt to asset ratio of 25.58. Gannett Co Inc ranks third highest with a a debt to asset ratio of 13.81.

New York Times-A follows with a a debt to asset ratio of 11.92, and Daily Journal rounds out the top five with a a debt to asset ratio of 11.26.

SmarTrend recommended that its subscribers protect gains by selling shares of New Media Invest on March 7th, 2019 by issuing a Downtrend alert when the shares were trading at $12.43. Since that call, shares of New Media Invest have fallen 25.7%. 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 new media invest meredith corp gannett co inc new york times-a nasdaq:djco daily journal

Ticker(s): NEWM MDP GCI NYT