• Return to Headlines

Top 5 Companies in the Home Furnishings Industry With the Lowest Debt-to-Capital Ratio (LZB, BSET, ETH, HOFT, MHK)

By Shiri Gupta

Below are the three companies in the Home Furnishings 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.

La-Z-Boy Inc ranks lowest with a a Debt-to-Capital ratio of 8.6%. Following is Bassett Furn with a a Debt-to-Capital ratio of 191.3%. Ethan Allen ranks third lowest with a a Debt-to-Capital ratio of 345.3%.

Hooker Furniture follows with a a Debt-to-Capital ratio of 1,885.2%, and Mohawk Inds rounds out the bottom five with a a Debt-to-Capital ratio of 2,832.7%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mohawk Inds on July 29th, 2019 by issuing a Downtrend alert when the shares were trading at $125.65. Since that call, shares of Mohawk Inds have fallen 10.5%. 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 la-z-boy inc bassett furn ethan allen hooker furniture mohawk inds

Ticker(s): LZB BSET ETH HOFT MHK