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J.C. Penney Co is Among the Companies in the Department Stores Industry With the Highest Debt to Asset Ratio (JCP, KSS, JWN, M, DDS)

By David Diaz

Below are the three companies in the Department Stores 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.

J.C. Penney Co ranks highest with a a debt to asset ratio of 47.69. Following is Kohls Corp with a a debt to asset ratio of 33.84. Nordstrom Inc ranks third highest with a a debt to asset ratio of 33.73.

Macy'S Inc follows with a a debt to asset ratio of 30.04, and Dillards Inc-A rounds out the top five with a a debt to asset ratio of 19.88.

SmarTrend recommended that its subscribers protect gains by selling shares of Macy'S Inc on November 15th, 2018 by issuing a Downtrend alert when the shares were trading at $32.11. Since that call, shares of Macy'S Inc have fallen 33.2%. 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 j.c. penney co :kss kohls corp nordstrom inc :m macy's inc :dds dillards inc-a

Ticker(s): JCP JWN