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Relatively High Debt to Asset Ratio Detected in Shares of Firstenergy Corp in the Electric Utilities Industry (FE, PPL, SO, PNM, DUK)

By Nick Russo

Below are the three companies in the Electric Utilities 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.

Firstenergy Corp ranks highest with a a debt to asset ratio of 53.24. Following is Ppl Corp with a a debt to asset ratio of 51.29. Southern Co ranks third highest with a a debt to asset ratio of 45.76.

Pnm Resources follows with a a debt to asset ratio of 41.27, and Duke Energy Corp rounds out the top five with a a debt to asset ratio of 39.48.

SmarTrend is tracking the current trend status for Firstenergy Corp and will alert subscribers who have FE in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio firstenergy corp ppl corp southern co pnm resources duke energy corp

Ticker(s): FE PPL SO PNM DUK