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Highest Debt to Asset Ratio in the Life Sciences Tools & Services Industry Detected in Shares of Fluidigm Corp (FLDM, CRL, MTD, WAT, PRAH)

By Nick Russo

Below are the three companies in the Life Sciences Tools & Services 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.

Fluidigm Corp ranks highest with a a debt to asset ratio of 67.94. Charles River La is next with a a debt to asset ratio of 39.08. Mettler-Toledo ranks third highest with a a debt to asset ratio of 38.43.

Waters Corp follows with a a debt to asset ratio of 37.52, and Pra Health Scien rounds out the top five with a a debt to asset ratio of 37.35.

SmarTrend recommended that subscribers consider buying shares of Pra Health Scien on June 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $92.81. Since that recommendation, shares of Pra Health Scien have risen 4.4%. We continue to monitor Pra Health Scien for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio fluidigm corp charles river la mettler-toledo waters corp pra health scien

Ticker(s): FLDM CRL MTD WAT PRAH