Shares of TransDigm Rank the Highest in Terms of Debt to Asset Ratio in the Aerospace & Defense Industry (TDG, BEAV, LMIA, KTOS, SPA)
Below are the three companies in the Aerospace & Defense 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.
TransDigm ranks highest with a a debt to asset ratio of 1.00. Following is BE Aerospace with a a debt to asset ratio of 0.63. LMI Aerospace ranks third highest with a a debt to asset ratio of 0.62.
Kratos Defense & Security Solutions follows with a a debt to asset ratio of 0.49, and Sparton rounds out the top five with a a debt to asset ratio of 0.43.
SmarTrend recommended that subscribers consider buying shares of Sparton on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.74. Since that recommendation, shares of Sparton have risen 36.2%. We continue to monitor Sparton for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio transdigm BE Aerospace lmi aerospace kratos defense & security solutions sparton