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Nelnet is Among the Companies in the Consumer Finance Industry With the Highest Debt to Asset Ratio (NNI, ECPG, CACC, PRAA, WRLD)

By James Quinn

Below are the three companies in the Consumer Finance 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.

Nelnet ranks highest with a a debt to asset ratio of 92.41. Following is Encore Capital Group with a a debt to asset ratio of 76.53. Credit Acceptance ranks third highest with a a debt to asset ratio of 61.73.

Portfolio Recovery Associates follows with a a debt to asset ratio of 57.51, and World Acceptance rounds out the top five with a a debt to asset ratio of 46.47.

SmarTrend recommended that its subscribers protect gains by selling shares of Portfolio Recovery Associates on March 1st, 2017 by issuing a Downtrend alert when the shares were trading at $36.25. Since that call, shares of Portfolio Recovery Associates have fallen 11.7%. 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 nelnet encore capital group credit acceptance portfolio recovery associates world acceptance

Ticker(s): NNI ECPG CACC PRAA WRLD