• Return to Headlines

Top 5 Companies in the Publishing Industry With the Highest Debt to EBITDA Ratio (MDP, NEWM, NWS, NWSA, 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.

Meredith Corp ranks highest with a a debt to EBITDA ratio of 18.2. Following is New Media Invest with a a debt to EBITDA ratio of 3.4. News Corp-Cl B ranks third highest with a a debt to EBITDA ratio of 1.5.

News Corp-Cl A follows with a a debt to EBITDA ratio of 1.5, and New York Times-A rounds out the top five with a a debt to EBITDA ratio of 1.4.

SmarTrend is tracking the current trend status for Meredith Corp and will alert subscribers who have MDP in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio meredith corp new media invest news corp-cl b news corp-cl a new york times-a

Ticker(s): MDP NEWM NWS NWSA NYT