• Return to Headlines

Shares of Haynes Intl Inc Rank the Lowest in Terms of Debt-to-Capital Ratio in the Steel Industry (HAYN, SCHN, TMST, AP, RS)

By Nick Russo

Below are the three companies in the Steel 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.

Haynes Intl Inc ranks lowest with a a Debt-to-Capital ratio of 231.1%. Following is Schnitzer Steel with a a Debt-to-Capital ratio of 2,126.0%. Timkensteel ranks third lowest with a a Debt-to-Capital ratio of 2,276.9%.

Ampco-Pittsburgh follows with a a Debt-to-Capital ratio of 2,584.2%, and Reliance Steel rounds out the bottom five with a a Debt-to-Capital ratio of 2,880.3%.

SmarTrend is tracking the current trend status for Reliance Steel and will alert subscribers who have RS in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest debt-to-capital ratio haynes intl inc schnitzer steel timkensteel ampco-pittsburgh Reliance Steel

Ticker(s): HAYN SCHN TMST AP RS