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Top 5 Companies in the Footwear Industry With the Highest Debt to Asset Ratio (NKE, SKX, DECK, CROX, SHOO)

By David Diaz

Below are the three companies in the Footwear 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.

Nike Inc -Cl B ranks highest with a a debt to asset ratio of 16.35. Skechers Usa-A is next with a a debt to asset ratio of 2.96. Deckers Outdoor ranks third highest with a a debt to asset ratio of 2.74.

Crocs Inc follows with a a debt to asset ratio of 0.13, and Steven Madden rounds out the top five with a a debt to asset ratio of 0.00.

SmarTrend is tracking the current trend status for Nike Inc -Cl B and will alert subscribers who have NKE in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio nike inc -cl b skechers usa-a deckers outdoor crocs inc steven madden

Ticker(s): NKE SKX DECK CROX SHOO