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Relatively High Debt to Asset Ratio Detected in Shares of Magellan Health in the Managed Health Care Industry (MGLN, ANTM, MOH, UNH, CNC)

By James Quinn

Below are the three companies in the Managed Health Care 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.

Magellan Health ranks highest with a a debt to asset ratio of 28.87. Following is Anthem Inc with a a debt to asset ratio of 28.26. Molina Healthcar ranks third highest with a a debt to asset ratio of 25.61.

Unitedhealth Grp follows with a a debt to asset ratio of 22.79, and Centene Corp rounds out the top five with a a debt to asset ratio of 21.50.

SmarTrend recommended that subscribers consider buying shares of Centene Corp on March 16th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $106.10. Since that recommendation, shares of Centene Corp have risen 16.6%. We continue to monitor Centene Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio magellan health anthem inc molina healthcar unitedhealth grp centene corp

Ticker(s): MGLN ANTM MOH UNH CNC