• Return to Headlines

La-Z-Boy has the Lowest Debt-to-Capital Ratio in the Home Furnishings Industry (LZB, FLXS, BSET, ETH, MHK)

By Nick Russo

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 0.9%. Flexsteel Industries is next with a a Debt-to-Capital ratio of 3.4%. Bassett Furniture Industries ranks third lowest with a a Debt-to-Capital ratio of 7.8%.

Ethan Allen Interiors follows with a a Debt-to-Capital ratio of 16.6%, and Mohawk Industries rounds out the bottom five with a a Debt-to-Capital ratio of 40.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ethan Allen Interiors on September 9th, 2016 by issuing a Downtrend alert when the shares were trading at $32.65. Since that call, shares of Ethan Allen Interiors have fallen 9.1%. 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 flexsteel industries bassett furniture industries ethan allen interiors mohawk industries

Ticker(s): LZB FLXS BSET ETH MHK