Highest Debt to Asset Ratio in the Airlines Industry Detected in Shares of Republic Airways Holdings (RJET, PNCL, LCC, LFL, JBLU)
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.
Republic Airways Holdings ranks highest with a a debt to asset ratio of 0.58. Following is Pinnacle Airlines with a a debt to asset ratio of 0.53. US Airways Group ranks third highest with a a debt to asset ratio of 0.51.
Lan Airlines follows with a a debt to asset ratio of 0.45, and JetBlue Airways rounds out the top five with a a debt to asset ratio of 0.40.
SmarTrend recommended that subscribers consider buying shares of JetBlue Airways on December 13th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.55. Since that recommendation, shares of JetBlue Airways have risen 25.9%. We continue to monitor JetBlue Airways for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio republic airways holdings pinnacle airlines us airways group LAN Airlines JetBlue Airways