Relatively High Debt to Asset Ratio Detected in Shares of Kla-Tencor in the Semiconductor Equipment Industry (KLAC, DQ, ENTG, AMKR, AMAT)
Below are the three companies in the Semiconductor Equipment 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.
Kla-Tencor ranks highest with a a debt to asset ratio of 0.69. Following is Daqo New Energy with a a debt to asset ratio of 0.43. Entegris ranks third highest with a a debt to asset ratio of 0.40.
Amkor Technology follows with a a debt to asset ratio of 0.39, and Applied Materials rounds out the top five with a a debt to asset ratio of 0.30.
SmarTrend recommended that subscribers consider buying shares of Applied Materials on May 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $22.24. Since that recommendation, shares of Applied Materials have risen 18.7%. We continue to monitor Applied Materials for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio kla-tencor daqo new energy entegris amkor technology Applied Materials