Highest Debt to Asset Ratio in the Packaged Foods & Meats Industry Detected in Shares of B&G Foods (BGS, DMND, K, SNAK, CAG)
Below are the three companies in the Packaged Foods & Meats 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.
B&G Foods ranks highest with a a debt to asset ratio of 0.56. Following is Diamond Foods with a a debt to asset ratio of 0.53. Kellogg ranks third highest with a a debt to asset ratio of 0.51.
The Inventure Group follows with a a debt to asset ratio of 0.50, and ConAgra Foods rounds out the top five with a a debt to asset ratio of 0.50.
SmarTrend recommended that subscribers consider buying shares of B&G Foods on April 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.13. Since that recommendation, shares of B&G Foods have risen 15.5%. We continue to monitor B&G Foods for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio b&g foods diamond foods Kellogg the inventure group conagra foods