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Top 5 Companies in the General Merchandise Stores Industry With the Highest Debt to Asset Ratio (DLTR, TGT, DG, OLLI, FRED)

By Amy Schwartz

Below are the three companies in the General Merchandise Stores 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.

Dollar Tree Inc ranks highest with a a debt to asset ratio of 40.26. Target Corp is next with a a debt to asset ratio of 34.06. Dollar General C ranks third highest with a a debt to asset ratio of 27.51.

Ollie'S Bargain follows with a a debt to asset ratio of 18.67, and Fred'S Inc-A rounds out the top five with a a debt to asset ratio of 18.37.

SmarTrend recommended that its subscribers protect gains by selling shares of Fred'S Inc-A on March 21st, 2017 by issuing a Downtrend alert when the shares were trading at $14.26. Since that call, shares of Fred'S Inc-A have fallen 88.7%. 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 dollar tree inc target corp dollar general c ollie's bargain fred's inc-a

Ticker(s): DLTR TGT DG OLLI FRED