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Highest Debt to Asset Ratio in the Apparel, Accessories & Luxury Industry Detected in Shares of Iconix Brand Gro (ICON, HBI, SQBG, VFC, CRI)

By Nick Russo

Below are the three companies in the Apparel, Accessories & Luxury 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.

Iconix Brand Gro ranks highest with a a debt to asset ratio of 92.00. Following is Hanesbrands Inc with a a debt to asset ratio of 57.49. Sequential Brand ranks third highest with a a debt to asset ratio of 57.47.

Vf Corp follows with a a debt to asset ratio of 36.31, and Carter'S Inc rounds out the top five with a a debt to asset ratio of 29.85.

SmarTrend recommended that subscribers consider buying shares of Vf Corp on November 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $87.30. Since that recommendation, shares of Vf Corp have risen 8.9%. We continue to monitor Vf Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio iconix brand gro hanesbrands inc sequential brand vf corp :cri carter's inc

Ticker(s): ICON HBI SQBG VFC