• Return to Headlines

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

By Nick Russo

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. Sysco Corp is next 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 its subscribers protect gains by selling shares of United Natural on June 7th, 2018 by issuing a Downtrend alert when the shares were trading at $41.25. Since that call, shares of United Natural have fallen 18.8%. 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 chefs warehouse sysco corp spartannash co andersons inc united natural

Ticker(s): CHEF SYY SPTN ANDE UNFI