Relatively High Debt to Asset Ratio Detected in Shares of SBA Communications in the Wireless Telecommunication Services Industry (SBAC, NTLS, MBT, S, SHEN)
Below are the three companies in the Wireless Telecommunication Services 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.
SBA Communications ranks highest with a a debt to asset ratio of 1.15. Following is NTELOS Holdings with a a debt to asset ratio of 0.78. Mobile Telesystems ranks third highest with a a debt to asset ratio of 0.53.
Sprint Nextel follows with a a debt to asset ratio of 0.42, and Shenandoah Telecommunications rounds out the top five with a a debt to asset ratio of 0.33.
SmarTrend recommended that subscribers consider buying shares of Shenandoah Telecommunications on January 27th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $22.71. Since that recommendation, shares of Shenandoah Telecommunications have risen 33.3%. We continue to monitor Shenandoah Telecommunications for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio SBA Communications ntelos holdings mobile telesystems Sprint Nextel shenandoah telecommunications