Shares of Philip Morris Rank the Highest in Terms of Debt to Asset Ratio in the Tobacco Industry (PM, AOI, VGR, MO, RAI)
Below are the three companies in the Tobacco 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.
Philip Morris ranks highest with a a debt to asset ratio of 0.90. Alliance One International is next with a a debt to asset ratio of 0.71. Vector Group ranks third highest with a a debt to asset ratio of 0.63.
Altria Group follows with a a debt to asset ratio of 0.40, and Reynolds American rounds out the top five with a a debt to asset ratio of 0.33.
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Keywords: highest debt to asset ratio philip morris alliance one international vector group altria group Reynolds American