Broadcasting Companies By Current Ratio

Current Ratio
Current RatioEfficiencyMarket RiskExp Return
1SGA Saga Communications
4.68
(0.10)
 1.67 
(0.16)
2FOXA Fox Corp Class
3.61
 0.16 
 1.31 
 0.20 
3FOX Fox Corp Class
3.61
 0.19 
 1.26 
 0.24 
4UONEK Urban One Class
2.84
(0.13)
 3.37 
(0.44)
5CMLS Cumulus Media Class
2.56
(0.30)
 4.42 
(1.31)
6GTN Gray Television
2.54
(0.03)
 4.47 
(0.15)
7GTN-A Gray Television
2.52
 0.02 
 7.78 
 0.12 
8TGNA Tegna Inc
2.39
 0.24 
 2.29 
 0.55 
9SBGI Sinclair Broadcast Group
2.21
 0.19 
 2.45 
 0.46 
10BBGI Beasley Broadcast Group
2.04
(0.09)
 4.95 
(0.46)
11NXST Nexstar Broadcasting Group
1.95
 0.03 
 2.18 
 0.06 
12AMCX AMC Networks
1.88
(0.03)
 3.79 
(0.13)
13IHRT iHeartMedia Class A
1.81
 0.12 
 6.67 
 0.77 
14EVC Entravision Communications
1.69
 0.11 
 2.97 
 0.33 
15SSP E W Scripps
1.48
 0.02 
 7.52 
 0.15 
16PARA Paramount Global Class
1.31
 0.03 
 1.90 
 0.05 
17TSQ Townsquare Media
1.26
(0.01)
 1.77 
(0.02)
18CURIW CuriosityStream
0.0
 0.19 
 192.51 
 37.37 
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company. Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).