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Time Inc has the Lowest Current Ratio in the Publishing Industry (TIME, MDP, GCI, NEWM, NWS)

By James Quinn

Below are the three companies in the Publishing 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.

Time Inc ranks lowest with a a current ratio of 1.0. Meredith Corp is next with a a current ratio of 1.1. Gannett Co Inc ranks third lowest with a a current ratio of 1.2.

New Media Invest follows with a a current ratio of 1.3, and News Corp-Cl B rounds out the bottom five with a a current ratio of 1.6.

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: lowest current ratio time inc meredith corp gannett co inc new media invest news corp-cl b