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Relatively High Debt to Asset Ratio Detected in Shares of Iconix Brand Gro in the Apparel, Accessories & Luxury Industry (ICON, HBI, SQBG, KATE, CRI)

By Shiri Gupta

Below are the three companies in the Apparel, Accessories & Luxury 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.

Iconix Brand Gro ranks highest with a a debt to asset ratio of 62.54. Following is Hanesbrands Inc with a a debt to asset ratio of 57.49. Sequential Brand ranks third highest with a a debt to asset ratio of 57.47.

Kate Spade & Co follows with a a debt to asset ratio of 35.43, and Carter'S Inc rounds out the top five with a a debt to asset ratio of 29.85.

SmarTrend recommended that its subscribers protect gains by selling shares of Carter'S Inc on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $116.51. Since that call, shares of Carter'S Inc have fallen 4.0%. 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 iconix brand gro hanesbrands inc sequential brand :kate kate spade & co carter's inc

Ticker(s): ICON HBI SQBG CRI