NuStar Energy has the Highest Debt to Asset Ratio in the Oil & Gas Refining & Marketing Industry (NS, CLMT, CLNE, PEIX, DK)
Below are the three companies in the Oil & Gas Refining & Marketing 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.
NuStar Energy ranks highest with a a debt to asset ratio of 0.62. Calumet Specialty Products is next with a a debt to asset ratio of 0.56. Clean Energy Fuels ranks third highest with a a debt to asset ratio of 0.55.
Pacific Ethanol follows with a a debt to asset ratio of 0.32, and Delek US Holdings rounds out the top five with a a debt to asset ratio of 0.28.
SmarTrend is monitoring the recent change of momentum in Delek US Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Delek US Holdings in search of a potential trend change.
Keywords: highest debt to asset ratio nustar energy calumet specialty products clean energy fuels pacific ethanol delek us holdings