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Shares of Philip Morris Rank the Highest in Terms of Debt to Asset Ratio in the Tobacco Industry (PM, AOI, VGR, MO, RAI)

By James Quinn

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. Following is Alliance One International 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.

SmarTrend recommended that its subscribers protect gains by selling shares of Alliance One International on September 28th, 2016 by issuing a Downtrend alert when the shares were trading at $18.28. Since that call, shares of Alliance One International have fallen 10.8%. 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 philip morris alliance one international vector group altria group Reynolds American

Ticker(s): PM AOI VGR MO RAI