Relatively High Debt to Asset Ratio Detected in Shares of Republic Airways Holdings in the Airlines Industry (RJET, LFL, ALGT, SKYW, HA)
Below are the three companies in the Airlines 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.
Republic Airways Holdings ranks highest with a a debt to asset ratio of 0.67. Following is Lan Airlines with a a debt to asset ratio of 0.50. Allegiant Travel ranks third highest with a a debt to asset ratio of 0.49.
Skywest follows with a a debt to asset ratio of 0.43, and Hawaiian Holdings rounds out the top five with a a debt to asset ratio of 0.35.
SmarTrend recommended that its subscribers protect gains by selling shares of Hawaiian Holdings on April 25th, 2016 by issuing a Downtrend alert when the shares were trading at $44.43. Since that call, shares of Hawaiian Holdings have fallen 3.6%. 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 republic airways holdings LAN Airlines allegiant travel skywest amex:ha hawaiian holdings