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Top 5 Companies in the Consumer Electronics Industry With the Highest Debt to Asset Ratio (HAR, UEIC, GPRO, ZAGG, GRMN)

By James Quinn

Below are the three companies in the Consumer Electronics 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.

Harman Intl ranks highest with a a debt to asset ratio of 23.10. Following is Universal Elec with a a debt to asset ratio of 22.68. Gopro Inc-Cl A ranks third highest with a a debt to asset ratio of 15.30.

Zagg Inc follows with a a debt to asset ratio of 11.67, and Garmin Ltd rounds out the top five with a a debt to asset ratio of 0.00.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg Inc on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $10.52. Since that call, shares of Zagg Inc have fallen 37.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to asset ratio :har harman intl universal elec gopro inc-cl a zagg inc garmin ltd

Ticker(s): UEIC GPRO ZAGG GRMN