Shares of TTM Technologies Rank the Highest in Terms of Debt to Asset Ratio in the Electronic Manufacturing Services Industry (TTMI, PKE, FLEX, TRMB, TEL)
Below are the three companies in the Electronic Manufacturing Services 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.
TTM Technologies ranks highest with a a debt to asset ratio of 0.45. Park Electrochemical is next with a a debt to asset ratio of 0.27. Flextronics International ranks third highest with a a debt to asset ratio of 0.21.
Trimble Navigation follows with a a debt to asset ratio of 0.20, and Tyco Electronics rounds out the top five with a a debt to asset ratio of 0.19.
SmarTrend recommended that subscribers consider buying shares of TTM Technologies on February 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.41. Since that recommendation, shares of TTM Technologies have risen 22.5%. We continue to monitor TTM Technologies for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to asset ratio ttm technologies park electrochemical flextronics international trimble navigation tyco electronics