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Highest Debt to Equity Ratio in the Airlines Industry Detected in Shares of American Airline (AAL, ALGT, UAL, SKYW, SAVE)

By David Diaz

Below are the three companies in the Airlines industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

American Airline ranks highest with a a debt to equity ratio of 638.4. Allegiant Travel is next with a a debt to equity ratio of 212.6. United Continent ranks third highest with a a debt to equity ratio of 163.4.

Skywest Inc follows with a a debt to equity ratio of 153.2, and Spirit Airlines rounds out the top five with a a debt to equity ratio of 84.6.

SmarTrend recommended that subscribers consider buying shares of Skywest Inc on October 23rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $58.64. Since that recommendation, shares of Skywest Inc have risen 9.0%. We continue to monitor Skywest Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to equity ratio american airline allegiant travel united continent skywest inc spirit airlines

Ticker(s): AAL ALGT UAL SKYW SAVE