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Bio-Rad Labs-A is Among the Companies in the Life Sciences Tools & Services Industry With the Lowest Debt-to-Capital Ratio (BIO, PACB, TECH, ILMN, A)

By Shiri Gupta

Below are the three companies in the Life Sciences Tools & Services 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.

Bio-Rad Labs-A ranks lowest with a a Debt-to-Capital ratio of 1,292.6%. Following is Pacific Bioscien with a a Debt-to-Capital ratio of 1,367.1%. Bio-Techne Corp ranks third lowest with a a Debt-to-Capital ratio of 2,657.9%.

Illumina Inc follows with a a Debt-to-Capital ratio of 2,864.7%, and Agilent Tech Inc rounds out the bottom five with a a Debt-to-Capital ratio of 2,937.5%.

SmarTrend recommended that subscribers consider buying shares of Bio-Rad Labs-A on June 28th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $308.94. Since that recommendation, shares of Bio-Rad Labs-A have risen 24.3%. We continue to monitor Bio-Rad Labs-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio bio-rad labs-a pacific bioscien bio-techne corp illumina inc agilent tech inc

Ticker(s): BIO PACB TECH ILMN A