• Return to Headlines

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

By Nick Russo

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%. Radiant Logistic is next 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 is tracking the current trend status for Forward Air Corp and will alert subscribers who have FWRD in their portfolio or watchlist when shares have changed trend direction.

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