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Top 5 Companies in the Automotive Retail Industry With the Highest Debt to Asset Ratio (KMX, ABG, SAH, AN, LAD)

By Nick Russo

Below are the three companies in the Automotive Retail 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.

Carmax Inc ranks highest with a a debt to asset ratio of 75.02. Following is Asbury Auto Grp with a a debt to asset ratio of 68.21. Sonic Automoti-A ranks third highest with a a debt to asset ratio of 66.47.

Autonation Inc follows with a a debt to asset ratio of 63.39, and Lithia Motors-A rounds out the top five with a a debt to asset ratio of 63.34.

SmarTrend recommended that subscribers consider buying shares of Carmax Inc on May 4th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $64.10. Since that recommendation, shares of Carmax Inc have risen 18.1%. We continue to monitor Carmax Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio carmax inc asbury auto grp sonic automoti-a autonation inc lithia motors-a

Ticker(s): KMX ABG SAH AN LAD