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Relatively Low Debt-to-Capital Ratio Detected in Shares of Providence Servi in the Health Care Services Industry (PRSC, PINC, AMED, CHE, ADUS)

By Amy Schwartz

Below are the three companies in the Health Care Services 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.

Providence Servi ranks lowest with a a Debt-to-Capital ratio of 71.6%. Following is Premier Inc-Cl A with a a Debt-to-Capital ratio of 1,369.5%. Amedisys Inc ranks third lowest with a a Debt-to-Capital ratio of 1,467.8%.

Chemed Corp follows with a a Debt-to-Capital ratio of 1,577.4%, and Addus Homecare rounds out the bottom five with a a Debt-to-Capital ratio of 1,970.2%.

SmarTrend recommended that subscribers consider buying shares of Addus Homecare on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $84.00. Since that recommendation, shares of Addus Homecare have risen 18.6%. We continue to monitor Addus Homecare for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio providence servi premier inc-cl a amedisys inc chemed corp addus homecare

Ticker(s): PRSC PINC AMED CHE ADUS