New York Times Company (NYT)
Debt-to-assets ratio
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 246,000 | 247,000 | 248,000 |
| Total assets | US$ in thousands | 2,714,600 | 2,546,530 | 2,479,070 | 2,472,290 | 2,533,750 | 2,515,390 | 2,512,860 | 2,529,270 | 2,564,110 | 2,469,410 | 2,348,010 | 2,282,760 | 2,307,690 | 2,139,540 | 2,058,360 | 2,023,470 | 2,089,140 | 2,254,960 | 2,206,370 | 2,194,560 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | 0.11 | 0.11 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,714,600K
= 0.00
The debt-to-assets ratio of New York Times Co. has consistently remained at 0.00 for all quarters reported, indicating that the company has no debt relative to its total assets. This suggests that the company is operating without relying on debt financing to fund its operations and investments. A debt-to-assets ratio of 0.00 may signal financial stability and strength, as it indicates that the company's assets fully cover its liabilities without the need for external borrowing. However, it is important to consider the overall financial health and growth strategy of the company in conjunction with the debt-to-assets ratio to assess its long-term sustainability and performance.
Peer comparison
Dec 31, 2023