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Tribune Media Co (OTCPK:TRBAA)
Debt to Equity
-1.88 (As of Sep. 2008)

Tribune Media Co's current portion of long-term debt for the quarter that ended in Sep. 2008 was \$836 Mil. Tribune Media Co's long-term debt for the quarter that ended in Sep. 2008 was \$10,986 Mil. Tribune Media Co's total equity for the quarter that ended in Sep. 2008 was \$-6,298 Mil. Tribune Media Co's debt to equity for the quarter that ended in Sep. 2008 was -1.88.

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.

Definition

Debt to Equity measures the financial leverage a company has.

Tribune Media Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2007 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (1.137 + 9.529) / 3098.39 = 0.00

Tribune Media Co's Debt to Equity Ratio for the quarter that ended in Sep. 2008 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (835.784 + 10986.229) / -6297.582 = -1.88

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tribune Media Co Annual Data

 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 deb2equity 0.00 0.00 0.00 0.00 0.00 0.37 0.38 0.49 0.01 0.00

Tribune Media Co Quarterly Data

 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 deb2equity 0.51 0.94 0.01 0.84 44.79 27.10 0.00 -7.55 -2.01 -1.88
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