TMCnet News

Lee Enterprises has the Highest Debt to Asset Ratio in the Publishing Industry (LEE, MEG, MNI, VCI, NYT)
[January 11, 2013]

Lee Enterprises has the Highest Debt to Asset Ratio in the Publishing Industry (LEE, MEG, MNI, VCI, NYT)


Jan 11, 2013 (SmarTrend(R) News Watch via COMTEX) -- 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.Lee Enterprises ranks highest with a a debt to asset ratio of 0.87. Following is Media General with a a debt to asset ratio of 0.71. McClatchy ranks third highest with a a debt to asset ratio of 0.62.



Valassis Communications follows with a a debt to asset ratio of 0.38, and The New York Times rounds out the top five with a a debt to asset ratio of 0.29.

SmarTrend recommended that its subscribers protect gains by selling shares of The New York Times on October 25th, 2012 by issuing a Downtrend alert when the shares were trading at $9.10. Since that call, shares of The New York Times have fallen 4.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ Back To TMCnet.com's Homepage ]