• Return to Headlines

Time Inc has the Highest Debt to Asset Ratio in the Publishing Industry (TIME, NEWM, MDP, GCI, NYT)

By David Diaz

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.

Time Inc ranks highest with a a debt to asset ratio of 28.80. Following is New Media Invest with a a debt to asset ratio of 28.04. Meredith Corp ranks third highest with a a debt to asset ratio of 25.58.

Gannett Co Inc follows with a a debt to asset ratio of 13.81, and New York Times-A rounds out the top five with a a debt to asset ratio of 11.92.

SmarTrend recommended that subscribers consider buying shares of Time Inc on November 15th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $12.40. Since that recommendation, shares of Time Inc have risen 49.2%. We continue to monitor Time Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): TIME NEWM MDP GCI NYT