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Banco Latinoamericano de Exportaciones is Among the Companies in the Diversified Banks Industry With the Highest Debt to Asset Ratio (BLX, C, JPM, BAC, BAP)

By James Quinn

Below are the three companies in the Diversified Banks industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

Banco Latinoamericano de Exportaciones ranks highest with a a debt to asset ratio of 0.48. Citigroup is next with a a debt to asset ratio of 0.29. JPMorgan Chase ranks third highest with a a debt to asset ratio of 0.27.

Bank of America follows with a a debt to asset ratio of 0.25, and Credicorp rounds out the top five with a a debt to asset ratio of 0.25.

SmarTrend recommended that subscribers consider buying shares of Credicorp on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $97.30. Since that recommendation, shares of Credicorp have risen 60.0%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio banco latinoamericano de exportaciones Citigroup JPMorgan Chase Bank of america credicorp

Ticker(s): BLX C JPM BAC BAP