Relatively High Debt to Asset Ratio Detected in Shares of Revlon in the Personal Products Industry (REV, SYUT, HLF, RDEN, EL)
Below are the three companies in the Personal Products 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.
Revlon ranks highest with a a debt to asset ratio of 0.96. Synutra International is next with a a debt to asset ratio of 0.68. Herbalife ranks third highest with a a debt to asset ratio of 0.68.
Elizabeth Arden follows with a a debt to asset ratio of 0.52, and Estee Lauder rounds out the top five with a a debt to asset ratio of 0.25.
SmarTrend recommended that subscribers consider buying shares of Herbalife on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $55.07. Since that recommendation, shares of Herbalife have risen 12.4%. We continue to monitor Herbalife for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio revlon synutra international herbalife elizabeth arden Estee Lauder