Gannett Co., Inc.

NYSE:GCI Stock Report

Market Cap: US$707.3m

Gannett Balance Sheet Health

Financial Health criteria checks 2/6

Gannett has a total shareholder equity of $239.9M and total debt of $992.1M, which brings its debt-to-equity ratio to 413.4%. Its total assets and total liabilities are $2.1B and $1.8B respectively. Gannett's EBIT is $96.9M making its interest coverage ratio 0.9. It has cash and short-term investments of $101.8M.

Key information

413.4%

Debt to equity ratio

US$992.06m

Debt

Interest coverage ratio0.9x
CashUS$101.80m
EquityUS$239.95m
Total liabilitiesUS$1.82b
Total assetsUS$2.06b

Recent financial health updates

Is Gannett (NYSE:GCI) Using Too Much Debt?

Aug 27
Is Gannett (NYSE:GCI) Using Too Much Debt?

Recent updates

Gannett Co., Inc. (NYSE:GCI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Oct 10
Gannett Co., Inc. (NYSE:GCI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

After Summer Surge, Gannett No Longer Seems To Be A Value Buy

Sep 23

Is Gannett (NYSE:GCI) Using Too Much Debt?

Aug 27
Is Gannett (NYSE:GCI) Using Too Much Debt?

Gannett Digital Revenue On The Rise, But No Profits Yet

Jul 02

Gannett Co., Inc.'s (NYSE:GCI) Shares Bounce 33% But Its Business Still Trails The Industry

Jun 11
Gannett Co., Inc.'s (NYSE:GCI) Shares Bounce 33% But Its Business Still Trails The Industry

Gannett Co., Inc.'s (NYSE:GCI) Price Is Right But Growth Is Lacking

Mar 22
Gannett Co., Inc.'s (NYSE:GCI) Price Is Right But Growth Is Lacking

Gannett: 4 Reasons Why I Am Cautious

Dec 12

Gannett: Cash Flows Are Buried By Debt

Sep 27

Gannett: Some Risks, But Artificial Intelligence Could Imply Undervaluation

Jul 07

Gannett Q4 2022 Earnings Preview

Feb 22

Gannet to use real estate sales proceed to cut debt

Feb 03

Gannett's Digital Transformation Remains On Track

Nov 02

Gannett launches austerity measures; suspends hiring, offers separations

Oct 12

Gannett: New Cost Reduction Program And Undervalued

Sep 28

Gannett Q2 2022 Earnings Preview

Aug 03

Please Unlock Gannett's Value

Jun 02

Miller Value Partners - Gannett: An Opportunity To Unlock Significant Equity Value

May 04

Gannett: A Turnaround Requiring Patience

Apr 27

Financial Position Analysis

Short Term Liabilities: GCI's short term assets ($432.7M) do not cover its short term liabilities ($551.2M).

Long Term Liabilities: GCI's short term assets ($432.7M) do not cover its long term liabilities ($1.3B).

Debt to Equity History and Analysis

Debt Level: GCI's net debt to equity ratio (371%) is considered high.

Reducing Debt: GCI's debt to equity ratio has increased from 71.6% to 413.4% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GCI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GCI is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.4% per year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:00
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gannett Co., Inc. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason BazinetCitigroup Inc
Giuliano Anderes BolognaCompass Point Research & Trading, LLC
Douglas ArthurHuber Research Partners, LLC