Do backlinks to post ratio play a role in rankings?
Example
I have 100+ posts, (increasing each day) I only have 7 backlinks, however, those backlinks are from very high authority domains, with some of my blog posts being mentioned and linked by NY Times & NZ Herald amongst others.
My backlink to post ratio is less than 1/10 so am I wrong to think the more posts I am writing which are not getting links are diluting my current link value? Is this a case of less is more?
EDIT A BIT MORE INFO
According to MOZ opensiteexplorer, one penalty indication is:
Large Site with Few Links
We found very few sites linking to this site, considering its size.
Here is the thing I don't care about backlinks, I write high quality long form content (2000-words+) some gets picked up and linked like my post in the NY Times and the NZ Herald, but I'm not going to spend ANY time building links or asking for guest posts, I'm letting content discovery happen naturally, thus my question considering amount of content to small number of backlinks ratio but from HIGH authority domains is MOZ right with the penalty trigger "warning"?