Relatively Low Debt-to-Capital Ratio Detected in Shares of Air T Inc in the Air Freight & Logistics Industry (AIRT, HUBG, FWRD, FDX, ECHO)
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.
Air T Inc ranks lowest with a a Debt-to-Capital ratio of 4.1%. Following is HUB Group with a a Debt-to-Capital ratio of 16.5%. Forward Air ranks third lowest with a a Debt-to-Capital ratio of 16.7%.
FedEx follows with a a Debt-to-Capital ratio of 32.2%, and Echo Global Logistics rounds out the bottom five with a a Debt-to-Capital ratio of 33.4%.
SmarTrend recommended that subscribers consider buying shares of Echo Global Logistics on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.70. Since that recommendation, shares of Echo Global Logistics have risen 9.1%. We continue to monitor Echo Global Logistics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio air t inc hub group forward air FedEx Echo Global Logistics