Highest Debt to Asset Ratio in the Agricultural Products Industry Detected in Shares of Alico (ALCO, DAR, LMNR, BG, ADM)
Below are the three companies in the Agricultural Products 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.
Alico ranks highest with a a debt to asset ratio of 0.45. Following is Darling International with a a debt to asset ratio of 0.42. Limoneira ranks third highest with a a debt to asset ratio of 0.31.
Bunge follows with a a debt to asset ratio of 0.23, and Archer-Daniels-Midland rounds out the top five with a a debt to asset ratio of 0.17.
SmarTrend recommended that its subscribers protect gains by selling shares of Alico on June 27th, 2016 by issuing a Downtrend alert when the shares were trading at $28.42. Since that call, shares of Alico have fallen 6.0%. 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 Alico amex:dar darling international limoneira Bunge archer-daniels-midland