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Relatively High Debt to Asset Ratio Detected in Shares of Dollar Tree in the General Merchandise Stores Industry (DLTR, TGT, DG, BIG, FRED)

By Shiri Gupta

Below are the three companies in the General Merchandise Stores 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.

Dollar Tree ranks highest with a a debt to asset ratio of 0.50. Target is next with a a debt to asset ratio of 0.31. Dollar General ranks third highest with a a debt to asset ratio of 0.26.

Big Lots follows with a a debt to asset ratio of 0.13, and Fred's rounds out the top five with a a debt to asset ratio of 0.02.

SmarTrend recommended that its subscribers protect gains by selling shares of Fred's on August 4th, 2016 by issuing a Downtrend alert when the shares were trading at $14.03. Since that call, shares of Fred's have fallen 35.8%. 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 Dollar Tree Target Dollar General big lots fred's

Ticker(s): DLTR TGT DG BIG FRED