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Nn Inc has the Highest Debt to Asset Ratio in the Industrial Machinery Industry (NNBR, MCRN, ITW, PKOH, NDSN)

By Amy Schwartz

Below are the three companies in the Industrial Machinery 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.

Nn Inc ranks highest with a a debt to asset ratio of 54.79. Milacron Holding is next with a a debt to asset ratio of 50.20. Illinois Tool Wo ranks third highest with a a debt to asset ratio of 49.63.

Park Ohio Hldgs follows with a a debt to asset ratio of 47.89, and Nordson Corp rounds out the top five with a a debt to asset ratio of 46.78.

SmarTrend recommended that its subscribers protect gains by selling shares of Nn Inc on June 5th, 2018 by issuing a Downtrend alert when the shares were trading at $20.71. Since that call, shares of Nn Inc have fallen 8.5%. 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 nn inc milacron holding illinois tool wo park ohio hldgs nordson corp

Ticker(s): NNBR MCRN ITW PKOH NDSN