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Tempur-Pedic International is Among the Companies in the Home Furnishings Industry With the Highest Debt to Asset Ratio (TPX, DXYN, LEG, MHK, ETH)

By David Diaz

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-Pedic International ranks highest with a a debt to asset ratio of 0.54. Dixie is next with a a debt to asset ratio of 0.42. Leggett & Platt ranks third highest with a a debt to asset ratio of 0.32.

Mohawk Industries follows with a a debt to asset ratio of 0.32, and Ethan Allen Interiors rounds out the top five with a a debt to asset ratio of 0.12.

SmarTrend recommended that subscribers consider buying shares of Tempur-Pedic International on July 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $60.82. Since that recommendation, shares of Tempur-Pedic International have risen 29.2%. We continue to monitor Tempur-Pedic International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio tempur-pedic international dixie leggett & platt mohawk industries ethan allen interiors