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

By James Quinn

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 recommended that its subscribers protect gains by selling shares of Steven Madden on September 25th, 2018 by issuing a Downtrend alert when the shares were trading at $82.50. Since that call, shares of Steven Madden have fallen 58.9%. 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 nike inc -cl b skechers usa-a deckers outdoor crocs inc steven madden

Ticker(s): NKE SKX DECK CROX SHOO