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Harman Intl is Among the Companies in the Consumer Electronics Industry With the Highest Debt to Asset Ratio (HAR, UEIC, GPRO, ZAGG, GRMN)

By Amy Schwartz

Below are the three companies in the Consumer Electronics 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.

Harman Intl ranks highest with a a debt to asset ratio of 23.10. Following is Universal Elec with a a debt to asset ratio of 22.68. Gopro Inc-Cl A ranks third highest with a a debt to asset ratio of 15.30.

Zagg Inc follows with a a debt to asset ratio of 11.67, and Garmin Ltd rounds out the top five with a a debt to asset ratio of 0.00.

SmarTrend recommended that subscribers consider buying shares of Harman Intl on November 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $84.90. Since that recommendation, shares of Harman Intl have risen 31.3%. We continue to monitor Harman Intl for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio :har harman intl universal elec gopro inc-cl a zagg inc garmin ltd

Ticker(s): UEIC GPRO ZAGG GRMN