• Return to Headlines

Ingles Markets-A has the Highest Debt to Asset Ratio in the Food Retail Industry (IMKTA, KR, CASY, SFM, NGVC)

By Shiri Gupta

Below are the three companies in the Food Retail 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.

Ingles Markets-A ranks highest with a a debt to asset ratio of 50.65. Following is Kroger Co with a a debt to asset ratio of 41.91. Casey'S General ranks third highest with a a debt to asset ratio of 30.58.

Sprouts Farmers follows with a a debt to asset ratio of 30.52, and Natural Grocers rounds out the top five with a a debt to asset ratio of 20.61.

SmarTrend recommended that subscribers consider buying shares of Ingles Markets-A on August 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $33.24. Since that recommendation, shares of Ingles Markets-A have risen 27.9%. We continue to monitor Ingles Markets-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio ingles markets-a kroger co :casy casey's general sprouts farmers natural grocers

Ticker(s): IMKTA KR SFM NGVC