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Relatively High Debt to Equity Ratio Detected in Shares of Ascent Capital-A in the Specialized Consumer Services Industry (ASCMA, SCI, SERV, BID, CSV)

By Amy Schwartz

Below are the three companies in the Specialized Consumer Services industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

Ascent Capital-A ranks highest with a a debt to equity ratio of 1,254.0. Service Corp Int is next with a a debt to equity ratio of 246.4. Servicemaster Gl ranks third highest with a a debt to equity ratio of 238.8.

Sotheby'S follows with a a debt to equity ratio of 187.8, and Carriage Service rounds out the top five with a a debt to equity ratio of 182.2.

SmarTrend recommended that subscribers consider buying shares of Carriage Service on August 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $21.35. Since that recommendation, shares of Carriage Service have risen 11.3%. We continue to monitor Carriage Service for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to equity ratio ascent capital-a service corp int servicemaster gl :bid sotheby's carriage service

Ticker(s): ASCMA SCI SERV CSV