• Return to Headlines

Shares of Xerium Technologies Rank the Highest in Terms of Debt to Asset Ratio in the Industrial Machinery Industry (XRM, BLT, ITW, NPO, NDSN)

By Shiri Gupta

Below are the three companies in the Industrial Machinery 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.

Xerium Technologies ranks highest with a a debt to asset ratio of 0.86. Blount International is next with a a debt to asset ratio of 0.54. Illinois Tool Works ranks third highest with a a debt to asset ratio of 0.49.

EnPro Industries follows with a a debt to asset ratio of 0.45, and Nordson rounds out the top five with a a debt to asset ratio of 0.41.

SmarTrend recommended that subscribers consider buying shares of Nordson on January 27th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $58.74. Since that recommendation, shares of Nordson have risen 44.5%. We continue to monitor Nordson for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio xerium technologies Blount International Illinois Tool Works enpro industries Nordson