Relatively High Debt to Asset Ratio Detected in Shares of Cott in the Soft Drinks Industry (COT, REED, CCE, KO, PEP)
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.
Cott ranks highest with a a debt to asset ratio of 0.57. Following is Reed's with a a debt to asset ratio of 0.56. Coca-Cola Enterprises ranks third highest with a a debt to asset ratio of 0.50.
Coca-Cola follows with a a debt to asset ratio of 0.50, and PepsiCo rounds out the top five with a a debt to asset ratio of 0.46.
SmarTrend recommended that its subscribers protect gains by selling shares of Coca-Cola Enterprises on May 18th, 2016 by issuing a Downtrend alert when the shares were trading at $51.23. Since that call, shares of Coca-Cola Enterprises have fallen 25.6%. 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 cott reed's coca-cola enterprises Coca-Cola PepsiCo