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Relatively High Debt to Asset Ratio Detected in Shares of Verisign Inc in the Internet Software & Services Industry (VRSN, EIGI, GOGO, BNFT, GTT)

By Shiri Gupta

Below are the three companies in the Internet Software & 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.

Verisign Inc ranks highest with a a debt to asset ratio of 81.94. Following is Endurance Intern with a a debt to asset ratio of 73.34. Gogo Inc ranks third highest with a a debt to asset ratio of 71.46.

Benefitfocus Inc follows with a a debt to asset ratio of 69.81, and Gtt Communicatio rounds out the top five with a a debt to asset ratio of 69.25.

SmarTrend recommended that its subscribers protect gains by selling shares of Gtt Communicatio on May 8th, 2019 by issuing a Downtrend alert when the shares were trading at $35.40. Since that call, shares of Gtt Communicatio have fallen 34.5%. 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 verisign inc endurance intern gogo inc benefitfocus inc gtt communicatio

Ticker(s): VRSN EIGI GOGO BNFT GTT