LEE
LEE ENTERPRISES, Inc
LEE ENTERPRISES, Inc (LEE) files with the SEC as a communication services company. Its most recent balance sheet puts total assets at $619M, against $622M of liabilities and -$3M of equity, as at 2026-03-31. That balance sheet grew 4.4% against 2025-12-31, when total assets were $593M. Liabilities account for 100.5% of the balance sheet and equity -0.5%. The largest single line on the asset side is Goodwill at $324M, 52.4% of total assets, followed by Cash at $53M. Its largest single liability is Long-term debt at $455M, 73.6% of the balance sheet. By total assets it is the 72nd largest of the 135 communication services companies covered here. Equity is negative, so the claims against this company exceed what it owns on the filed figures. That is a real shape, not an error, and it is drawn below the baseline rather than hidden. The figures come from a filing filed on 2026-05-08. Assets equal liabilities plus equity on the filed figures, so this balance sheet reconciles directly. Every figure above is as filed. Nothing is estimated, smoothed or restated, and where the filing and the identity disagree the disagreement is shown rather than closed.
What it owns, and who has a claim on it
Both columns are the same height because they are the same money, counted twice: once by what it is, once by who it belongs to.
| Cash | $59M10% |
|---|---|
| Receivables | $45M7% |
| Inventory | $6M1% |
| Property & equipment | $33M5% |
| Goodwill | $324M52% |
| Intangibles | $47M7% |
| Other assets | $111M18% |
| Accounts payable | $46M7% |
|---|---|
| Long-term debt | $455M73% |
| Other liabilities | $124M20% |
| Shareholders' equity | $39K0% |
It is mostly funded by others: equity is 0% of the balance sheet and liabilities are the remaining 100%.
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Learn more
- Understanding the Accounting Identity — Why Assets = Liabilities + Equity works as a test on data you did not produce, and what it means when a filing does not balance.
- Why SEC XBRL Data Is Wrong 1 Out of 5 Times (And How to Fix It) — How the figure on this page was chosen out of the twenty-odd tags the filer published for it.
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Related companies
The nearest in size that file in the same sector, each drawn to the same scale.