Relatively High Debt to Asset Ratio Detected in Shares of Sally Beauty Holdings in the Specialty Stores Industry (SBH, HZO, SIG, ODP, TIF)
Below are the three companies in the Specialty Stores 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.
Sally Beauty Holdings ranks highest with a a debt to asset ratio of 0.85. Following is MarineMax with a a debt to asset ratio of 0.29. Signet Jewelers ranks third highest with a a debt to asset ratio of 0.25.
Office Depot follows with a a debt to asset ratio of 0.24, and Tiffany & Co rounds out the top five with a a debt to asset ratio of 0.21.
SmarTrend recommended that its subscribers protect gains by selling shares of Office Depot on April 20th, 2016 by issuing a Downtrend alert when the shares were trading at $6.44. Since that call, shares of Office Depot have fallen 44.9%. 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 sally beauty holdings Marinemax signet jewelers Office Depot tiffany & co