Pier 1 Imports has the Highest Debt to Asset Ratio in the Homefurnishing Retail Industry (PIR, BBBY, AAN, HVT, WSM)
Below are the three companies in the Homefurnishing Retail 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.
Pier 1 Imports ranks highest with a a debt to asset ratio of 0.30. Bed Bath & Beyond is next with a a debt to asset ratio of 0.23. Aaron's ranks third highest with a a debt to asset ratio of 0.21.
Haverty Furniture follows with a a debt to asset ratio of 0.11, and Williams-Sonoma rounds out the top five with a a debt to asset ratio of 0.08.
SmarTrend recommended that its subscribers protect gains by selling shares of Pier 1 Imports on May 12th, 2016 by issuing a Downtrend alert when the shares were trading at $5.62. Since that call, shares of Pier 1 Imports have fallen 22.4%. 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 Pier 1 Imports bed bath & beyond aaron's haverty furniture Williams-Sonoma