Shares of Alere Rank the Highest in Terms of Debt to Equity Ratio in the Health Care Supplies Industry (ALR, SPNC, ELGX, QDEL, HAE)
Below are the three companies in the Health Care Supplies 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.
Alere ranks highest with a a debt to equity ratio of 2.6. Following is Spectranetics with a a debt to equity ratio of 2.0. Endologix ranks third highest with a a debt to equity ratio of 0.7.
Quidel follows with a a debt to equity ratio of 0.7, and Haemonetics rounds out the top five with a a debt to equity ratio of 0.6.
SmarTrend recommended that its subscribers protect gains by selling shares of Haemonetics on May 2nd, 2016 by issuing a Downtrend alert when the shares were trading at $29.46. Since that call, shares of Haemonetics have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest debt to equity ratio amex:alr alere spectranetics endologix quidel haemonetics