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Highest Debt to Asset Ratio in the Investment Banking & Brokerage Industry Detected in Shares of Investment Technology Group (ITG, GFIG, BGCP, OPY, GS)

By Nick Russo

Below are the three companies in the Investment Banking & Brokerage 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.

Investment Technology Group ranks highest with a a debt to asset ratio of 0.64. GFI Group is next with a a debt to asset ratio of 0.59. BGC Partners ranks third highest with a a debt to asset ratio of 0.50.

Oppenheimer Holdings follows with a a debt to asset ratio of 0.48, and Goldman Sachs Group rounds out the top five with a a debt to asset ratio of 0.47.

SmarTrend recommended that subscribers consider buying shares of Goldman Sachs Group on October 10th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $170.93. Since that recommendation, shares of Goldman Sachs Group have risen 12.7%. We continue to monitor Goldman Sachs Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio investment technology group gfi group bgc partners oppenheimer holdings goldman sachs group

Ticker(s): ITG GFIG BGCP OPY GS