Tribune Publishing Co (Tribune Publishing Co) Cash-to-Debt : 3.20 (As of Mar. 2021)

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What is Tribune Publishing Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Tribune Publishing Co's cash to debt ratio for the quarter that ended in Mar. 2021 was 3.20.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Tribune Publishing Co could pay off its debt using the cash in hand for the quarter that ended in Mar. 2021.

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

TPCO's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cash-to-Debt only.

Tribune Publishing Co Cash-to-Debt Historical Data

The historical data trend for Tribune Publishing Co's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Tribune Publishing Co Cash-to-Debt Chart

Tribune Publishing Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

Get a 7-Day Free Trial

0.54

0.53

13.54

0.42

1.35

Tribune Publishing Co Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash-to-Debt	Get a 7-Day Free Trial															0.39	0.66	0.84	1.35	3.20

Competitive Comparison of Tribune Publishing Co's Cash-to-Debt

For the Publishing subindustry, Tribune Publishing Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Tribune Publishing Co's Cash-to-Debt Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Tribune Publishing Co's Cash-to-Debt falls into.

Tribune Publishing Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Tribune Publishing Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	98.862	/	(23.914	+	49.182)
	=	1.35

Tribune Publishing Co's Cash to Debt Ratio for the quarter that ended in Mar. 2021 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	222.409	/	(24.645	+	44.786)
	=	3.20

Tribune Publishing Co (NAS:TPCO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Tribune Publishing Co Cash-to-Debt Related Terms

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Tribune Publishing Co (Tribune Publishing Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Tribune Publishing Co (NAS:TPCO) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 North Stetson Avenue, Chicago, IL, USA, 60601

Website

http://www.tribpub.com

Tribune Publishing Co is a print and online media company that publishes various newspapers and websites. It creates and distribute content across its media portfolio, offering integrated marketing, media, and business services to consumers and advertisers, including digital solutions and advertising opportunities. The company manages its business as two distinct segments, M and X. Segment M is comprised of the company's media groups excluding their digital revenues and related digital expenses, except digital subscription revenues when bundled with a print subscription. Segment X includes the company's digital revenues and related digital expenses from local Tribune websites, third party websites, mobile applications, digital only subscriptions, Tribune Content Agency and BestReviews.

Executives

Michael Norman Lavey	officer: Interim CFO	C/O TRONC, INC., 2501 S. STATE HWY 121 BUS, BLDG 800B, LEWISVILLE TX 75067
Randall D Smith	director	885 THIRD AVENUE, NEW YORK NY 10022
Christopher Minnetian	director	C/O RIPPLEWOOD HOLDINGS L.L.C., ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Philip G Franklin	director	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Richard A Reck	director	128 HILLCREST AVENUE HINSDALE IL 60521-4736
Carol Crenshaw	director	C/O TRONC, INC. 435 NORTH MICHIGAN AVENUE CHICAGO IL 60611
Dana Goldsmith Needleman	director	777 SOUTH FLAGLER DRIVE,, SUITE 800W, WEST PALM BEACH FL 33401
Julie K. Xanders	officer: EVP and General Counsel	C/O TRONC, INC. 202 W. FIRST STREET LOS ANGELES CA 90012
Terry Jimenez	officer: Chief Executive Officer	TRONC, INC., 435 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Timothy P Knight	officer: CEO & President	435 N MICHIGAN AVE CHICAGO IL 60611
Alden Global Capital Llc	10 percent owner	777 SOUTH FLAGLER DRIVE, SUITE 800W, WEST PALM BEACH FL 33401
Heath Freeman	10 percent owner	885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Merrick Media, Llc	10 percent owner	400 CLEMATIS STREET SUITE 208 WEST PALM BEACH FL 33401
Merrick Venture Management, Llc	10 percent owner	400 CLEMATIS ST SUITE 208 WEST PALM BEACH FL 33401
Ferro Michael W Jr	10 percent owner	400 CLEMATIS STREET SUITE 208 WEST PALM BEACH FL 33401