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Relatively High Debt to Asset Ratio Detected in Shares of Harman Intl in the Consumer Electronics Industry (HAR, UEIC, ZAGG, GPRO, GRMN)

By David Diaz

Below are the three companies in the Consumer Electronics 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.

Harman Intl ranks highest with a a debt to asset ratio of 23.10. Following is Universal Elec with a a debt to asset ratio of 22.68. Zagg Inc ranks third highest with a a debt to asset ratio of 16.55.

Gopro Inc-Cl A follows with a a debt to asset ratio of 15.30, and Garmin Ltd 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 Gopro Inc-Cl A on October 16th, 2017 by issuing a Downtrend alert when the shares were trading at $9.32. Since that call, shares of Gopro Inc-Cl A have fallen 39.6%. 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 :har harman intl universal elec zagg inc gopro inc-cl a garmin ltd

Ticker(s): UEIC ZAGG GPRO GRMN