Shares of Belo Rank the Highest in terms of Debt To Equity Ratio in the Broadcasting Industry (BLC, ETM, ROIAK, CETV, CBS)

story by Smartrend
written by Chip Brian

Below are the top five companies in the Broadcasting industry as measured by their Debt To Equity ratio. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

• Belo (NYSE:BLC) has a Debt/Equity ratio of 9.21x based on total debt of $989.7 million.
• Entercom Communications (NYSE:ETM) has a Debt/Equity ratio of 5.25x based on total debt of $713.8 million.
• Radio One (NASDAQ:ROIAK) has a Debt/Equity ratio of 3.18x based on total debt of $657.1 million.
• Central European Media Enterprises (NASDAQ:CETV) has a Debt/Equity ratio of 1.13x based on total debt of $1.3 billion.
• CBS (NYSE:CBS) has a Debt/Equity ratio of 0.71x based on total debt of $6.5 billion.