• Return to Headlines

Lowest Debt-to-Capital Ratio in the Trading Companies & Distributors Industry Detected in Shares of Watsco Inc (WSO, DNOW, FAST, LAWS, AIT)

By Shiri Gupta

Below are the three companies in the Trading Companies & Distributors 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.

Watsco Inc ranks lowest with a a Debt-to-Capital ratio of 141.9%. Following is Now Inc with a a Debt-to-Capital ratio of 1,202.7%. Fastenal Co ranks third lowest with a a Debt-to-Capital ratio of 1,652.1%.

Lawson Products follows with a a Debt-to-Capital ratio of 1,831.6%, and Applied Indu Tec rounds out the bottom five with a a Debt-to-Capital ratio of 2,812.2%.

SmarTrend recommended that subscribers consider buying shares of Watsco Inc on April 3rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $146.40. Since that recommendation, shares of Watsco Inc have risen 6.1%. We continue to monitor Watsco Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio watsco inc now inc fastenal co lawson products applied indu tec

Ticker(s): WSO DNOW FAST LAWS AIT