AtriCure is Among the Companies in the Health Care Equipment Industry With the Lowest Debt-to-Capital Ratio (ATRC, ABAX, DXCM, NXTM, CYNO)
Below are the three companies in the Health Care Equipment industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
AtriCure ranks lowest with a a Debt-to-Capital ratio of 0.1%. Following is Abaxis with a a Debt-to-Capital ratio of 0.2%. DexCom ranks third lowest with a a Debt-to-Capital ratio of 1.5%.
NxStage Medical follows with a a Debt-to-Capital ratio of 4.2%, and Cynosure rounds out the bottom five with a a Debt-to-Capital ratio of 4.3%.
SmarTrend recommended that subscribers consider buying shares of NxStage Medical on July 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $22.08. Since that recommendation, shares of NxStage Medical have risen 7.4%. We continue to monitor NxStage Medical for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio atricure abaxis dexcom nxstage medical cynosure