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Shares of Tempur-Pedic International Rank the Highest in Terms of Debt to Asset Ratio in the Home Furnishings Industry (TPX, DXYN, LEG, MHK, ETH)

By Nick Russo

Below are the three companies in the Home Furnishings 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.

Tempur-Pedic International ranks highest with a a debt to asset ratio of 0.54. Following is Dixie with a a debt to asset ratio of 0.42. Leggett & Platt ranks third highest with a a debt to asset ratio of 0.32.

Mohawk Industries follows with a a debt to asset ratio of 0.32, and Ethan Allen Interiors rounds out the top five with a a debt to asset ratio of 0.12.

SmarTrend recommended that its subscribers protect gains by selling shares of Ethan Allen Interiors on September 9th, 2016 by issuing a Downtrend alert when the shares were trading at $32.65. Since that call, shares of Ethan Allen Interiors have fallen 3.2%. 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 tempur-pedic international dixie leggett & platt mohawk industries ethan allen interiors

Ticker(s): TPX DXYN LEG MHK ETH