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Johnson Outdoors has the Lowest Debt-to-Capital Ratio in the Leisure Products Industry (JOUT, ELY, ACAT, PII, ESCA)

By Nick Russo

Below are the three companies in the Leisure Products 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.

Johnson Outdoors ranks lowest with a a Debt-to-Capital ratio of 3.6%. Callaway Golf is next with a a Debt-to-Capital ratio of 6.0%. Arctic Cat ranks third lowest with a a Debt-to-Capital ratio of 7.7%.

Polaris Industries follows with a a Debt-to-Capital ratio of 25.0%, and Escalade rounds out the bottom five with a a Debt-to-Capital ratio of 25.1%.

SmarTrend recommended that subscribers consider buying shares of Johnson Outdoors on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $22.50. Since that recommendation, shares of Johnson Outdoors have risen 63.6%. We continue to monitor Johnson Outdoors for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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