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Shares of Iconix Brand Gro Rank the Highest in Terms of Debt to Asset Ratio in the Apparel, Accessories & Luxury Industry (ICON, HBI, SQBG, VFC, KATE)

By Shiri Gupta

Below are the three companies in the Apparel, Accessories & Luxury 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.

Iconix Brand Gro ranks highest with a a debt to asset ratio of 92.00. Hanesbrands Inc is next with a a debt to asset ratio of 57.49. Sequential Brand ranks third highest with a a debt to asset ratio of 57.47.

Vf Corp follows with a a debt to asset ratio of 36.31, and Kate Spade & Co rounds out the top five with a a debt to asset ratio of 35.43.

SmarTrend recommended that its subscribers protect gains by selling shares of Kate Spade & Co on April 4th, 2017 by issuing a Downtrend alert when the shares were trading at $19.54. Since that call, shares of Kate Spade & Co have fallen 5.3%. 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 iconix brand gro hanesbrands inc sequential brand vf corp :kate kate spade & co

Ticker(s): ICON HBI SQBG VFC