• Return to Headlines

Reeds Inc is Among the Companies in the Soft Drinks Industry With the Highest Debt to Asset Ratio (REED, KO, COKE, FIZZ, MNST)

By Nick Russo

Below are the three companies in the Soft Drinks 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.

Reeds Inc ranks highest with a a debt to asset ratio of 64.73. Coca-Cola Co/The is next with a a debt to asset ratio of 54.25. Coca-Cola Bottli ranks third highest with a a debt to asset ratio of 36.82.

Natl Beverage follows with a a debt to asset ratio of 0.00, and Monster Beverage rounds out the top five with a a debt to asset ratio of 0.00.

SmarTrend recommended that its subscribers protect gains by selling shares of Natl Beverage on February 6th, 2019 by issuing a Downtrend alert when the shares were trading at $74.14. Since that call, shares of Natl Beverage have fallen 42.9%. 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 amex:reed reeds inc coca-cola co/the coca-cola bottli natl beverage monster beverage

Ticker(s): KO COKE FIZZ MNST