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Top 5 Companies in the Broadcasting Industry With the Highest Debt to Asset Ratio (DISCA, DISCK, AMCX, TGNA, SBGI)

By Nick Russo

Below are the three companies in the Broadcasting 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.

Discovery Comm-A ranks highest with a a debt to asset ratio of 65.72. Discovery Comm-C is next with a a debt to asset ratio of 65.72. Amc Networks-A ranks third highest with a a debt to asset ratio of 62.20.

Tegna Inc follows with a a debt to asset ratio of 60.61, and Sinclair Broad-A rounds out the top five with a a debt to asset ratio of 59.50.

SmarTrend recommended that subscribers consider buying shares of Sinclair Broad-A on June 11th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $30.48. Since that recommendation, shares of Sinclair Broad-A have risen 8.3%. We continue to monitor Sinclair Broad-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio discovery comm-a discovery comm-c amc networks-a tegna inc sinclair broad-a

Ticker(s): DISCA DISCK AMCX TGNA SBGI