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Shares of Tempur Sealy Int Rank the Highest in Terms of Debt to Asset Ratio in the Home Furnishings Industry (TPX, LEG, MHK, HOFT, ETH)

By Amy Schwartz

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 Sealy Int ranks highest with a a debt to asset ratio of 65.07. Following is Leggett & Platt with a a debt to asset ratio of 35.25. Mohawk Inds ranks third highest with a a debt to asset ratio of 23.09.

Hooker Furniture follows with a a debt to asset ratio of 15.24, and Ethan Allen rounds out the top five with a a debt to asset ratio of 2.52.

SmarTrend recommended that subscribers consider buying shares of Hooker Furniture on April 6th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $39.83. Since that recommendation, shares of Hooker Furniture have risen 20.9%. We continue to monitor Hooker Furniture for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio tempur sealy int leggett & platt mohawk inds hooker furniture ethan allen

Ticker(s): TPX LEG MHK HOFT ETH