Top 5 Companies in the Alternative Carriers Industry With the Highest Debt to Asset Ratio (CCOI, LVLT, IRDM, PGI, VG)
Below are the three companies in the Alternative Carriers 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.
Cogent Communications ranks highest with a a debt to asset ratio of 0.86. Following is Level 3 Communications with a a debt to asset ratio of 0.53. Iridiummmunications ranks third highest with a a debt to asset ratio of 0.45.
Premiere Global Services follows with a a debt to asset ratio of 0.44, and Vonage rounds out the top five with a a debt to asset ratio of 0.32.
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Keywords: highest debt to asset ratio cogent communications level 3 communications iridiummmunications premiere global services vonage