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La-Z-Boy is Among the Companies in the Home Furnishings Industry With the Lowest Debt-to-Capital Ratio (LZB, BSET, ETH, MHK, LEG)

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 ranks lowest with a a Debt-to-Capital ratio of 14.4%. Bassett Furniture Industries is next with a a Debt-to-Capital ratio of 378.6%. Ethan Allen Interiors ranks third lowest with a a Debt-to-Capital ratio of 963.9%.

Mohawk Industries follows with a a Debt-to-Capital ratio of 3,019.1%, and Leggett & Platt rounds out the bottom five with a a Debt-to-Capital ratio of 4,673.3%.

SmarTrend recommended that subscribers consider buying shares of Mohawk Industries on November 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $194.23. Since that recommendation, shares of Mohawk Industries have risen 18.3%. We continue to monitor Mohawk Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio la-z-boy bassett furniture industries ethan allen interiors mohawk industries leggett & platt