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Relatively High Debt to Asset Ratio Detected in Shares of Patriot National in the Insurance Brokers Industry (PN, MMC, AJG, AON, BRO)

By Shiri Gupta

Below are the three companies in the Insurance Brokers 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.

Patriot National ranks highest with a a debt to asset ratio of 63.98. Following is Marsh & Mclennan with a a debt to asset ratio of 26.86. Arthur J Gallagh ranks third highest with a a debt to asset ratio of 23.12.

Aon Plc follows with a a debt to asset ratio of 22.87, and Brown & Brown rounds out the top five with a a debt to asset ratio of 16.98.

SmarTrend recommended that its subscribers protect gains by selling shares of Patriot National on November 6th, 2017 by issuing a Downtrend alert when the shares were trading at $1.13. Since that call, shares of Patriot National have fallen 68.1%. 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 :pn patriot national marsh & mclennan arthur j gallagh aon plc brown & brown

Ticker(s): MMC AJG AON BRO