• Return to Headlines

Highest Debt to Asset Ratio in the Office Services & Supplies Industry Detected in Shares of Pitney Bowes (PBI, MSA, KNL, MLHR, SCS)

By Shiri Gupta

Below are the three companies in the Office Services & Supplies 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.

Pitney Bowes ranks highest with a a debt to asset ratio of 57.65. Mine Safety Appliances is next with a a debt to asset ratio of 32.75. Knoll ranks third highest with a a debt to asset ratio of 25.43.

Herman Miller follows with a a debt to asset ratio of 17.96, and Steelcase rounds out the top five with a a debt to asset ratio of 16.54.

SmarTrend recommended that its subscribers protect gains by selling shares of Knoll on February 13th, 2017 by issuing a Downtrend alert when the shares were trading at $24.64. Since that call, shares of Knoll have fallen 12.1%. 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 pitney bowes mine safety appliances knoll herman miller steelcase

Ticker(s): PBI MSA KNL MLHR SCS