Highest Debt to Asset Ratio in the Construction Materials Industry Detected in Shares of Headwaters (HW, JHX, EXP, VMC, MLM)
Below are the three companies in the Construction Materials 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.
Headwaters ranks highest with a a debt to asset ratio of 0.57. Following is James Hardie Industries with a a debt to asset ratio of 0.30. Eagle Materials ranks third highest with a a debt to asset ratio of 0.27.
Vulcan Materials follows with a a debt to asset ratio of 0.24, and Martin Marietta Materials rounds out the top five with a a debt to asset ratio of 0.23.
SmarTrend recommended that subscribers consider buying shares of Martin Marietta Materials on October 24th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $180.29. Since that recommendation, shares of Martin Marietta Materials have risen 25.0%. We continue to monitor Martin Marietta Materials for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio headwaters james hardie industries eagle materials Vulcan Materials Martin Marietta Materials