Highest Debt to Asset Ratio in the Life & Health Insurance Industry Detected in Shares of CNO Financial (CNO, TMK, UNM, AFL, PRU)
Below are the three companies in the Life & Health Insurance 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.
CNO Financial ranks highest with a a debt to asset ratio of 0.13. Torchmark is next with a a debt to asset ratio of 0.07. Unum Group ranks third highest with a a debt to asset ratio of 0.04.
Aflac follows with a a debt to asset ratio of 0.04, and Prudential Financial rounds out the top five with a a debt to asset ratio of 0.04.
SmarTrend recommended that subscribers consider buying shares of Prudential Financial on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $67.41. Since that recommendation, shares of Prudential Financial have risen 13.0%. We continue to monitor Prudential Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio cno financial torchmark unum group Aflac Prudential Financial