• Return to Headlines

Highest Debt to Asset Ratio in the Electronic Manufacturing Services Industry Detected in Shares of Ttm Technologies (TTMI, JBL, MXWL, PLXS, CTS)

By David Diaz

Below are the three companies in the Electronic Manufacturing Services 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.

Ttm Technologies ranks highest with a a debt to asset ratio of 35.23. Following is Jabil Inc with a a debt to asset ratio of 18.73. Maxwell Tech Inc ranks third highest with a a debt to asset ratio of 17.12.

Plexus Corp follows with a a debt to asset ratio of 15.84, and Cts Corp rounds out the top five with a a debt to asset ratio of 14.14.

SmarTrend recommended that its subscribers protect gains by selling shares of Cts Corp on March 7th, 2019 by issuing a Downtrend alert when the shares were trading at $30.04. Since that call, shares of Cts Corp have fallen 9.2%. 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 ttm technologies jabil inc maxwell tech inc plexus corp cts corp

Ticker(s): TTMI JBL MXWL PLXS CTS