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Relatively Low Debt-to-Capital Ratio Detected in Shares of Forward Air Corp in the Air Freight & Logistics Industry (FWRD, RLGT, HUBG, ECHO, FDX)

By James Quinn

Below are the three companies in the Air Freight & Logistics 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.

Forward Air Corp ranks lowest with a a Debt-to-Capital ratio of 712.8%. Following is Radiant Logistic with a a Debt-to-Capital ratio of 2,466.5%. Hub Group-A ranks third lowest with a a Debt-to-Capital ratio of 2,821.2%.

Echo Global Logi follows with a a Debt-to-Capital ratio of 3,701.7%, and Fedex Corp rounds out the bottom five with a a Debt-to-Capital ratio of 4,815.8%.

SmarTrend recommended that its subscribers protect gains by selling shares of Fedex Corp on April 26th, 2019 by issuing a Downtrend alert when the shares were trading at $184.71. Since that call, shares of Fedex Corp have fallen 7.0%. 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 forward air corp amex:rlgt radiant logistic hub group-a echo global logi fedex corp

Ticker(s): FWRD HUBG ECHO FDX