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Relatively Low Debt-to-Capital Ratio Detected in Shares of Castlight Heal-B in the Health Care Technology Industry (CSLT, CERN, EVH, ATHN, TDOC)

By Shiri Gupta

Below are the three companies in the Health Care Technology 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.

Castlight Heal-B ranks lowest with a a Debt-to-Capital ratio of 275.0%. Following is Cerner Corp with a a Debt-to-Capital ratio of 991.5%. Evolent Health-A ranks third lowest with a a Debt-to-Capital ratio of 1,039.6%.

Athenahealth Inc follows with a a Debt-to-Capital ratio of 2,563.2%, and Teladoc Inc rounds out the bottom five with a a Debt-to-Capital ratio of 2,706.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Castlight Heal-B on June 7th, 2019 by issuing a Downtrend alert when the shares were trading at $3.01. Since that call, shares of Castlight Heal-B have fallen 51.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio castlight heal-b Cerner Corp evolent health-a athenahealth inc teladoc inc

Ticker(s): CSLT CERN EVH ATHN TDOC