Relatively High Debt to Asset Ratio Detected in Shares of Pitney Bowes in the Office Services & Supplies Industry (PBI, ACU, KNL, MSA, MLHR)
Below are the three companies in the Office Services & Supplies 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.
Pitney Bowes ranks highest with a a debt to asset ratio of 0.49. Following is Acme United with a a debt to asset ratio of 0.33. Knoll ranks third highest with a a debt to asset ratio of 0.31.
Mine Safety Appliances follows with a a debt to asset ratio of 0.29, and Herman Miller rounds out the top five with a a debt to asset ratio of 0.22.
SmarTrend recommended that subscribers consider buying shares of Herman Miller on July 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $31.05. Since that recommendation, shares of Herman Miller have risen 6.7%. We continue to monitor Herman Miller for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio pitney bowes amex:acu acme united knoll mine safety appliances herman miller