• Return to Headlines

Relatively High Debt to Asset Ratio Detected in Shares of Ryerson Holding in the Steel Industry (RYI, SXC, STLD, HNH, ZEUS)

By James Quinn

Below are the three companies in the Steel 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.

Ryerson Holding ranks highest with a a debt to asset ratio of 61.08. Suncoke Energy I is next with a a debt to asset ratio of 41.93. Steel Dynamics ranks third highest with a a debt to asset ratio of 34.74.

Handy & Harman L follows with a a debt to asset ratio of 32.91, and Olympic Steel rounds out the top five with a a debt to asset ratio of 32.63.

SmarTrend is tracking the current trend status for Handy & Harman L and will alert subscribers who have HNH in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio ryerson holding suncoke energy i Steel Dynamics :hnh handy & harman l olympic steel

Ticker(s): RYI SXC STLD ZEUS