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

By James Quinn

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 subscribers consider buying shares of Milacron Holding on June 21st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $13.58. Since that recommendation, shares of Milacron Holding have risen 22.5%. We continue to monitor Milacron Holding for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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