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Shares of Old Dominion Frt Rank the Lowest in Terms of Debt-to-Capital Ratio in the Trucking Industry (ODFL, WERN, KNX, SAIA, LSTR)

By Shiri Gupta

Below are the three companies in the Trucking 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.

Old Dominion Frt ranks lowest with a a Debt-to-Capital ratio of 400.5%. Following is Werner Ent with a a Debt-to-Capital ratio of 595.3%. Knight Transport ranks third lowest with a a Debt-to-Capital ratio of 1,127.5%.

Saia Inc follows with a a Debt-to-Capital ratio of 1,857.8%, and Landstar System rounds out the bottom five with a a Debt-to-Capital ratio of 2,037.9%.

SmarTrend recommended that subscribers consider buying shares of Saia Inc on June 19th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $61.90. Since that recommendation, shares of Saia Inc have risen 27.9%. We continue to monitor Saia Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio old dominion frt werner ent knight transport saia inc landstar system