MedAssets has the Highest Debt to Asset Ratio in the Health Care Technology Industry (MDAS, MDSO, HRT, ATHN, MDRX)
Below are the three companies in the Health Care Technology 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.
MedAssets ranks highest with a a debt to asset ratio of 0.49. Medidata Solutions is next with a a debt to asset ratio of 0.37. Arrhythmia Research Technology ranks third highest with a a debt to asset ratio of 0.31.
athenahealth follows with a a debt to asset ratio of 0.27, and Allscripts Healthcare Solutions rounds out the top five with a a debt to asset ratio of 0.25.
SmarTrend recommended that subscribers consider buying shares of MedAssets on October 8th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $21.90. Since that recommendation, shares of MedAssets have risen 43.2%. We continue to monitor MedAssets for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio medassets medidata solutions amex:hrt arrhythmia research technology Athenahealth allscripts healthcare solutions