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Relatively High Debt to Asset Ratio Detected in Shares of Ingles Markets-A in the Food Retail Industry (IMKTA, SVU, KR, SFS, CASY)

By Amy Schwartz

Below are the three companies in the Food Retail 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.

Ingles Markets-A ranks highest with a a debt to asset ratio of 50.65. Following is Supervalu Inc with a a debt to asset ratio of 43.47. Kroger Co ranks third highest with a a debt to asset ratio of 41.91.

Smart & Final St follows with a a debt to asset ratio of 38.64, and Casey'S General rounds out the top five with a a debt to asset ratio of 30.58.

SmarTrend recommended that its subscribers protect gains by selling shares of Casey'S General on February 5th, 2018 by issuing a Downtrend alert when the shares were trading at $114.96. Since that call, shares of Casey'S General have fallen 15.9%. 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 ingles markets-a supervalu inc kroger co smart & final st casey's general

Ticker(s): IMKTA SVU KR SFS CASY