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Highest Debt to Asset Ratio in the Food Distributors Industry Detected in Shares of Chefs Warehouse (CHEF, SYY, SPTN, ANDE, UNFI)

By Shiri Gupta

Below are the three companies in the Food Distributors 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.

Chefs Warehouse ranks highest with a a debt to asset ratio of 46.21. Following is Sysco Corp with a a debt to asset ratio of 46.15. Spartannash Co ranks third highest with a a debt to asset ratio of 36.48.

Andersons Inc follows with a a debt to asset ratio of 22.87, and United Natural rounds out the top five with a a debt to asset ratio of 13.36.

SmarTrend recommended that subscribers consider buying shares of Chefs Warehouse on November 30th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $20.08. Since that recommendation, shares of Chefs Warehouse have risen 51.2%. We continue to monitor Chefs Warehouse for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio chefs warehouse sysco corp spartannash co andersons inc united natural

Ticker(s): CHEF SYY SPTN ANDE UNFI