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Metaldyne Perfor is Among the Companies in the Auto Parts & Equipment Industry With the Highest Debt to Asset Ratio (MPG, AXL, SUP, FDML, HZN)

By David Diaz

Below are the three companies in the Auto Parts & Equipment 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.

Metaldyne Perfor ranks highest with a a debt to asset ratio of 57.86. Following is Amer Axle & Mfg with a a debt to asset ratio of 50.43. Superior Inds ranks third highest with a a debt to asset ratio of 44.06.

Federal-Mogul Ho follows with a a debt to asset ratio of 42.75, and Horizon Global rounds out the top five with a a debt to asset ratio of 41.69.

SmarTrend recommended that subscribers consider buying shares of Federal-Mogul Ho on February 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $7.41. Since that recommendation, shares of Federal-Mogul Ho have risen 34.7%. We continue to monitor Federal-Mogul Ho for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio :mpg metaldyne perfor amer axle & mfg superior inds :fdml federal-mogul ho horizon global

Ticker(s): AXL SUP HZN