Shares of Avis Budget Group Rank the Highest in Terms of Debt to Equity Ratio in the Trucking Industry (CAR, HTZ, R, UACL, CGI)
Below are the three companies in the Trucking 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.
Avis Budget Group ranks highest with a a debt to equity ratio of 22.5. Following is Hertz Global with a a debt to equity ratio of 7.1. Ryder System ranks third highest with a a debt to equity ratio of 2.8.
Universal Truckload Services follows with a a debt to equity ratio of 2.0, and Celadon Group rounds out the top five with a a debt to equity ratio of 1.7.
SmarTrend recommended that its subscribers protect gains by selling shares of Universal Truckload Services on April 7th, 2016 by issuing a Downtrend alert when the shares were trading at $15.09. Since that call, shares of Universal Truckload Services have fallen 5.5%. 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 Avis Budget Group hertz global ryder system universal truckload services celadon group