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Top 5 Companies in the Housewares & Specialties Industry With the Highest Debt to Asset Ratio (LBY, TUP, NWL, LCUT, CSS)

By Nick Russo

Below are the three companies in the Housewares & Specialties 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.

Libbey Inc ranks highest with a a debt to asset ratio of 53.59. Tupperware Brand is next with a a debt to asset ratio of 53.18. Newell Brands In ranks third highest with a a debt to asset ratio of 31.85.

Lifetime Brands follows with a a debt to asset ratio of 21.59, and Css Industries rounds out the top five with a a debt to asset ratio of 0.20.

SmarTrend recommended that its subscribers protect gains by selling shares of Css Industries on January 30th, 2018 by issuing a Downtrend alert when the shares were trading at $26.76. Since that call, shares of Css Industries have fallen 28.9%. 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 amex:lby libbey inc tupperware brand newell brands in lifetime brands css industries

Ticker(s): TUP NWL LCUT CSS