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Tandem Diabetes is Among the Companies in the Health Care Equipment Industry With the Highest Debt to Asset Ratio (TNDM, IDXX, PODD, IART, HRC)

By David Diaz

Below are the three companies in the Health Care Equipment 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.

Tandem Diabetes ranks highest with a a debt to asset ratio of 80.28. Following is Idexx Labs with a a debt to asset ratio of 73.60. Insulet Corp ranks third highest with a a debt to asset ratio of 69.32.

Integra Lifescie follows with a a debt to asset ratio of 57.33, and Hill-Rom Holding rounds out the top five with a a debt to asset ratio of 50.99.

SmarTrend recommended that subscribers consider buying shares of Insulet Corp on May 3rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $93.08. Since that recommendation, shares of Insulet Corp have risen 56.0%. We continue to monitor Insulet Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio tandem diabetes idexx labs insulet corp integra lifescie hill-rom holding

Ticker(s): TNDM IDXX PODD IART HRC