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Highest Debt to Asset Ratio in the Home Furnishings Industry Detected in Shares of Tempur Sealy Int (TPX, LEG, MHK, HOFT, ETH)

By Nick Russo

Below are the three companies in the Home Furnishings 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.

Tempur Sealy Int ranks highest with a a debt to asset ratio of 65.07. Leggett & Platt is next with a a debt to asset ratio of 35.25. Mohawk Inds ranks third highest with a a debt to asset ratio of 23.09.

Hooker Furniture follows with a a debt to asset ratio of 15.24, and Ethan Allen rounds out the top five with a a debt to asset ratio of 2.52.

SmarTrend recommended that its subscribers protect gains by selling shares of Mohawk Inds on July 26th, 2018 by issuing a Downtrend alert when the shares were trading at $183.06. Since that call, shares of Mohawk Inds have fallen 30.9%. 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 tempur sealy int leggett & platt mohawk inds hooker furniture ethan allen

Ticker(s): TPX LEG MHK HOFT ETH