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Shares of Fluidigm Corp Rank the Highest in Terms of Debt to Asset Ratio in the Life Sciences Tools & Services Industry (FLDM, CRL, MTD, WAT, PRAH)

By David Diaz

Below are the three companies in the Life Sciences Tools & 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.

Fluidigm Corp ranks highest with a a debt to asset ratio of 67.94. Charles River La is next with a a debt to asset ratio of 39.08. Mettler-Toledo ranks third highest with a a debt to asset ratio of 38.43.

Waters Corp follows with a a debt to asset ratio of 37.52, and Pra Health Scien rounds out the top five with a a debt to asset ratio of 37.35.

SmarTrend recommended that its subscribers protect gains by selling shares of Fluidigm Corp on July 3rd, 2019 by issuing a Downtrend alert when the shares were trading at $11.75. Since that call, shares of Fluidigm Corp have fallen 52.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio fluidigm corp charles river la mettler-toledo waters corp pra health scien

Ticker(s): FLDM CRL MTD WAT PRAH