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Highest Debt to Asset Ratio in the Airlines Industry Detected in Shares of Allegiant Travel (ALGT, SKYW, AAL, SAVE, UAL)

By James Quinn

Below are the three companies in the Airlines 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.

Allegiant Travel ranks highest with a a debt to asset ratio of 53.43. Skywest Inc is next with a a debt to asset ratio of 49.23. American Airline ranks third highest with a a debt to asset ratio of 48.77.

Spirit Airlines follows with a a debt to asset ratio of 36.30, and United Continent rounds out the top five with a a debt to asset ratio of 34.00.

SmarTrend is tracking the current trend status for United Continent and will alert subscribers who have UAL in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio allegiant travel skywest inc american airline spirit airlines united continent

Ticker(s): ALGT SKYW AAL SAVE UAL