Shares of Casella Waste Systems Rank the Highest in Terms of Debt to Asset Ratio in the Environmental & Facilities Services Industry (CWST, CVA, ECOL, TISI, WM)
Below are the three companies in the Environmental & Facilities 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.
Casella Waste Systems ranks highest with a a debt to asset ratio of 0.80. Covanta is next with a a debt to asset ratio of 0.57. American Ecology ranks third highest with a a debt to asset ratio of 0.50.
Team follows with a a debt to asset ratio of 0.46, and Waste Management rounds out the top five with a a debt to asset ratio of 0.44.
SmarTrend recommended that subscribers consider buying shares of American Ecology on February 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $34.61. Since that recommendation, shares of American Ecology have risen 26.0%. We continue to monitor American Ecology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio casella waste systems covanta american ecology Waste Management