Shares of AmerisourceBergen Rank the Highest in Terms of Debt to Equity Ratio in the Health Care Distributors Industry (ABC, MCK, CAH, PDCO, PMC)
Below are the three companies in the Health Care Distributors 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.
AmerisourceBergen ranks highest with a a debt to equity ratio of 5.5. McKesson is next with a a debt to equity ratio of 1.1. Cardinal Health ranks third highest with a a debt to equity ratio of 0.9.
Patterson follows with a a debt to equity ratio of 0.8, and PharMerica rounds out the top five with a a debt to equity ratio of 0.7.
SmarTrend recommended that subscribers consider buying shares of PharMerica on April 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.90. Since that recommendation, shares of PharMerica have risen 11.1%. We continue to monitor PharMerica for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to equity ratio AmerisourceBergen McKesson Cardinal Health patterson pharmerica