• Return to Headlines

Relatively High Debt to Asset Ratio Detected in Shares of Pharmerica Corp in the Health Care Distributors Industry (PMC, ACET, PDCO, OMI, CAH)

By Amy Schwartz

Below are the three companies in the Health Care Distributors 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.

Pharmerica Corp ranks highest with a a debt to asset ratio of 36.43. Following is Aceto Corp with a a debt to asset ratio of 33.98. Patterson Cos ranks third highest with a a debt to asset ratio of 30.56.

Owens & Minor follows with a a debt to asset ratio of 26.68, and Cardinal Health rounds out the top five with a a debt to asset ratio of 25.91.

SmarTrend recommended that its subscribers protect gains by selling shares of Cardinal Health on March 20th, 2018 by issuing a Downtrend alert when the shares were trading at $67.74. Since that call, shares of Cardinal Health have fallen 20.9%. 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 :pmc pharmerica corp aceto corp patterson cos owens & minor Cardinal Health

Ticker(s): ACET PDCO OMI CAH