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Time Inc is Among the Companies in the Publishing Industry With the Highest Debt to EBITDA Ratio (TIME, MDP, NEWM, GCI, NYT)

By Nick Russo

Below are the three companies in the Publishing industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Time Inc ranks highest with a a debt to EBITDA ratio of 10.8. Following is Meredith Corp with a a debt to EBITDA ratio of 3.0. New Media Invest ranks third highest with a a debt to EBITDA ratio of 2.8.

Gannett Co Inc follows with a a debt to EBITDA ratio of 2.1, and New York Times-A rounds out the top five with a a debt to EBITDA ratio of 1.5.

SmarTrend recommended that subscribers consider buying shares of New York Times-A on May 3rd, 2017 as our technology indicated a new Uptrend was in progress when shares hit $15.58. Since that recommendation, shares of New York Times-A have risen 21.0%. We continue to monitor New York Times-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio nyse:time time inc meredith corp nyse:newm new media invest gannett co inc new york times-a

Ticker(s): MDP GCI NYT