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Shares of Kirby Rank the Lowest in Terms of Debt-to-Capital Ratio in the Marine Industry (KEX, ESEA, EGLE, DSX, NMM)

By Shiri Gupta

Below are the three companies in the Marine 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.

Kirby ranks lowest with a a Debt-to-Capital ratio of 26.4%. Following is Euroseas with a a Debt-to-Capital ratio of 26.7%. Eagle Bulk Shipping ranks third lowest with a a Debt-to-Capital ratio of 27.7%.

Diana Shipping follows with a a Debt-to-Capital ratio of 32.1%, and Navios Maritime Partners rounds out the bottom five with a a Debt-to-Capital ratio of 44.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Eagle Bulk Shipping on September 19th, 2016 by issuing a Downtrend alert when the shares were trading at $6.87. Since that call, shares of Eagle Bulk Shipping have fallen 30.7%. 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 kirby euroseas eagle bulk shipping Diana Shipping navios maritime partners

Ticker(s): KEX ESEA EGLE DSX NMM