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Highest Debt to Asset Ratio in the Health Care Distributors Industry Detected in Shares of Aceto Corp (ACET, PDCO, OMI, CAH, HSIC)

By Shiri Gupta

Below are the three companies in the Health Care 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.

Aceto Corp ranks highest with a a debt to asset ratio of 33.98. Following is Patterson Cos with a a debt to asset ratio of 30.56. Owens & Minor ranks third highest with a a debt to asset ratio of 26.68.

Cardinal Health follows with a a debt to asset ratio of 25.91, and Henry Schein Inc rounds out the top five with a a debt to asset ratio of 21.33.

SmarTrend recommended that subscribers consider buying shares of Henry Schein Inc on April 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $62.21. Since that recommendation, shares of Henry Schein Inc have risen 15.2%. We continue to monitor Henry Schein Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio aceto corp patterson cos owens & minor Cardinal Health henry schein inc

Ticker(s): ACET PDCO OMI CAH HSIC