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Magellan Health has the Highest Debt to Asset Ratio in the Managed Health Care Industry (MGLN, ANTM, MOH, UNH, CNC)

By James Quinn

Below are the three companies in the Managed Health Care 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.

Magellan Health ranks highest with a a debt to asset ratio of 28.87. Anthem Inc is next with a a debt to asset ratio of 28.26. Molina Healthcar ranks third highest with a a debt to asset ratio of 25.61.

Unitedhealth Grp follows with a a debt to asset ratio of 22.79, and Centene Corp rounds out the top five with a a debt to asset ratio of 21.50.

SmarTrend recommended that its subscribers protect gains by selling shares of Centene Corp on December 14th, 2018 by issuing a Downtrend alert when the shares were trading at $130.54. Since that call, shares of Centene Corp have fallen 9.4%. 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 magellan health amex:antm anthem inc molina healthcar unitedhealth grp centene corp

Ticker(s): MGLN MOH UNH CNC