Gannett Co (Gannett Co) Debt-to-Equity

: 4.07 (As of Dec. 2023)

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Gannett Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $110 Mil. Gannett Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,185 Mil. Gannett Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $318 Mil. Gannett Co's debt to equity for the quarter that ended in Dec. 2023 was 4.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Gannett Co's Debt-to-Equity or its related term are showing as below:

GCI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 1.3 Max: 5.15
Current: 4.07

During the past 13 years, the highest Debt-to-Equity Ratio of Gannett Co was 5.15. The lowest was 0.45. And the median was 1.30.

GCI's Debt-to-Equity is ranked worse than
95.37% of 842 companies
in the Media - Diversified industry
Industry Median: 0.285 vs GCI: 4.07

Gannett Co Debt-to-Equity Historical Data

The historical data trend for Gannett Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.98

5.15

2.80

4.82

4.07

Gannett Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																4.82	4.34	4.19	4.05	4.07

Competitive Comparison

For the Publishing subindustry, Gannett Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gannett Co Debt-to-Equity Distribution

For the Media - Diversified industry and Communication Services sector, Gannett Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gannett Co's Debt-to-Equity falls into.

Gannett Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gannett Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(109.515	+	1184.743)	/	317.785
	=	4.07

Gannett Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(109.515	+	1184.743)	/	317.785
	=	4.07

Gannett Co (NYSE:GCI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Gannett Co Debt-to-Equity Related Terms

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Gannett Co (Gannett Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (NYSE:GCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

2N2A:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

Executives

Laurence Tarica	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed	director, officer: Chief Executive Officer	C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher	officer: CAO and PAO	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde	director	9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert	officer: CEO of Gannett Media Corp.	20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne	officer: CFO and CAO	ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller	director	C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan	director	DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel	officer: Chief Financial Officer	400 SOUTH RECORD STREET, DALLAS TX 75202