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Shares of NXP Semiconductors Rank the Highest in Terms of Debt to Asset Ratio in the Semiconductors Industry (NXPI, JKS, MCHP, CSIQ, MSCC)

By David Diaz

Below are the three companies in the Semiconductors 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.

NXP Semiconductors ranks highest with a a debt to asset ratio of 0.61. JinkoSolar is next with a a debt to asset ratio of 0.49. Microchip Technology ranks third highest with a a debt to asset ratio of 0.46.

Canadian Solar follows with a a debt to asset ratio of 0.42, and Microsemi rounds out the top five with a a debt to asset ratio of 0.40.

SmarTrend recommended that subscribers consider buying shares of NXP Semiconductors on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $75.07. Since that recommendation, shares of NXP Semiconductors have risen 17.8%. We continue to monitor NXP Semiconductors for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio nxp semiconductors jinkosolar microchip technology canadian solar microsemi