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Shares of Masimo Corp Rank the Lowest in Terms of Debt-to-Capital Ratio in the Health Care Equipment Industry (MASI, ABAX, ABMD, CYNO, NVIV)

By Nick Russo

Below are the three companies in the Health Care Equipment 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.

Masimo Corp ranks lowest with a a Debt-to-Capital ratio of 1.3%. Following is Abaxis Inc with a a Debt-to-Capital ratio of 10.4%. Abiomed Inc ranks third lowest with a a Debt-to-Capital ratio of 348.8%.

Cynosure Inc-A follows with a a Debt-to-Capital ratio of 412.0%, and Invivo Therapeut rounds out the bottom five with a a Debt-to-Capital ratio of 421.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Invivo Therapeut on March 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $0.58. Since that call, shares of Invivo Therapeut have fallen 38.8%. 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 masimo corp abaxis inc abiomed inc :cyno cynosure inc-a invivo therapeut

Ticker(s): MASI ABAX ABMD NVIV