New York Times Company (NYT)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital 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 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity 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 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.47 | 1.49 | 1.48 | 1.50 | 1.54 | 1.54 | 1.54 | 1.57 | 1.59 | 1.63 | 1.63 | 1.69 | 1.67 | 1.68 | 1.66 | 1.69 | 1.74 | 1.70 | 1.67 | 1.70 |
New York Times Company has demonstrated consistently strong solvency ratios over the analyzed periods. The Debt-to-assets, Debt-to-capital, and Debt-to-equity ratios have all been at a steady 0.00, indicating that the company has been operating with minimal debt relative to its assets and equity.
Additionally, the Financial leverage ratio has shown a declining trend from 1.70 in March 2020 to 1.47 in December 2024. This decrease signifies a reduction in the company's dependence on debt financing and overall financial risk.
In conclusion, based on the solvency ratios analyzed, New York Times Company appears to have maintained a solid financial position with a low level of debt relative to its assets and equity, and a decreasing reliance on leverage over the years.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 378.01 | 361.09 | 335.97 | 334.95 | 308.55 | 100.34 | 96.81 | 89.68 | 97.03 | 309.63 | 366.39 | 389.28 | 386.66 | 391.40 | 345.21 | 279.35 | 244.43 | 218.03 | 21.22 | 12.05 |
The interest coverage ratio of New York Times Company has displayed fluctuations over the years based on the data provided:
- The ratio steadily increased from March 31, 2020, to June 30, 2021, reaching its peak at 391.40 on September 30, 2021, indicating the company's ability to cover its interest payments was improving significantly.
- However, from December 31, 2021, onwards, there was a noticeable decline in the interest coverage ratio, reaching its lowest point of 89.68 on March 31, 2023. This downward trend suggests a potential strain on the company's ability to cover its interest obligations efficiently.
- Subsequently, there was a recovery in the ratio, with an increasing trend observed from March 31, 2023, to December 31, 2024, indicating an improvement in the company's ability to cover its interest expenses.
- The ratio peaked at 378.01 on December 31, 2024, reflecting a stronger capacity to meet interest payments, albeit slightly below the earlier high levels.
Overall, the interest coverage ratio of New York Times Company has shown volatility over the analyzed period, with fluctuations potentially indicating shifts in the company's financial health and ability to service its debt obligations. It would be important for stakeholders to monitor this ratio closely to assess the company's financial stability and debt repayment capabilities.