Shares of Ferrellgas Partners Rank the Highest in Terms of Debt to Asset Ratio in the Gas Utilities Industry (FGP, APU, SPH, LG, SJI)
Below are the three companies in the Gas Utilities 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.
Ferrellgas Partners ranks highest with a a debt to asset ratio of 0.79. Amerigas Partners is next with a a debt to asset ratio of 0.57. Suburban Propane ranks third highest with a a debt to asset ratio of 0.50.
Laclede follows with a a debt to asset ratio of 0.41, and South Jersey Industries rounds out the top five with a a debt to asset ratio of 0.41.
SmarTrend recommended that subscribers consider buying shares of South Jersey Industries on May 11th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $26.22. Since that recommendation, shares of South Jersey Industries have risen 14.7%. We continue to monitor South Jersey Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio ferrellgas partners amerigas partners suburban propane laclede south jersey industries