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Shares of Kmg Chemicals Rank the Highest in Terms of Debt to Asset Ratio in the Specialty Chemicals Industry (KMG, OMN, AXTA, FUL, KRA)

By Shiri Gupta

Below are the three companies in the Specialty Chemicals 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.

Kmg Chemicals ranks highest with a a debt to asset ratio of 66.41. Omnova Solutions is next with a a debt to asset ratio of 57.77. Axalta Coating S ranks third highest with a a debt to asset ratio of 57.31.

Hb Fuller Co follows with a a debt to asset ratio of 56.23, and Kraton Corp rounds out the top five with a a debt to asset ratio of 55.16.

SmarTrend recommended that subscribers consider buying shares of Kmg Chemicals on April 16th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $65.41. Since that recommendation, shares of Kmg Chemicals have risen 21.2%. We continue to monitor Kmg Chemicals for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio kmg chemicals omnova solutions axalta coating s hb fuller co kraton corp

Ticker(s): KMG OMN AXTA FUL KRA