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Relatively High Debt to Asset Ratio Detected in Shares of Cdk Global Inc in the Application Software Industry (CDK, PRO, AZPN, FICO, NUAN)

By James Quinn

Below are the three companies in the Application Software 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.

Cdk Global Inc ranks highest with a a debt to asset ratio of 75.33. Following is Pros Holdings In with a a debt to asset ratio of 73.85. Aspen Technology ranks third highest with a a debt to asset ratio of 56.46.

Fair Isaac Corp follows with a a debt to asset ratio of 48.17, and Nuance Communica rounds out the top five with a a debt to asset ratio of 44.12.

SmarTrend recommended that its subscribers protect gains by selling shares of Fair Isaac Corp on September 10th, 2019 by issuing a Downtrend alert when the shares were trading at $331.63. Since that call, shares of Fair Isaac Corp have fallen 7.9%. 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 cdk global inc pros holdings in aspen technology fair isaac corp nuance communica

Ticker(s): CDK PRO AZPN FICO NUAN