General Electric is Among the Companies in the Industrial Conglomerates Industry With the Highest Debt to Asset Ratio (GE, MMM, IEP, DHR, ROP)
Below are the three companies in the Industrial Conglomerates 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.
General Electric ranks highest with a a debt to asset ratio of 0.39. Following is 3M with a a debt to asset ratio of 0.34. Icahn Enterprises ranks third highest with a a debt to asset ratio of 0.33.
Danaher follows with a a debt to asset ratio of 0.30, and Roper Industries rounds out the top five with a a debt to asset ratio of 0.30.
SmarTrend recommended that its subscribers protect gains by selling shares of Icahn Enterprises on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $60.85. Since that call, shares of Icahn Enterprises have fallen 10.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest debt to asset ratio General Electric 3M Icahn Enterprises danaher roper industries