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Relatively High Debt to Asset Ratio Detected in Shares of SBA Communications in the Wireless Telecommunication Services Industry (SBAC, NTLS, MBT, S, SHEN)

By David Diaz

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. NTELOS Holdings is next 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 its subscribers protect gains by selling shares of Shenandoah Telecommunications on August 5th, 2016 by issuing a Downtrend alert when the shares were trading at $35.97. Since that call, shares of Shenandoah Telecommunications have fallen 25.1%. 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 SBA Communications ntelos holdings mobile telesystems Sprint Nextel shenandoah telecommunications

Ticker(s): SBAC NTLS MBT S SHEN