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Top 5 Companies in the Industrial Machinery Industry With the Highest Debt to Asset Ratio (NNBR, MCRN, ITW, PKOH, NDSN)

By Shiri Gupta

Below are the three companies in the Industrial Machinery 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.

Nn Inc ranks highest with a a debt to asset ratio of 54.79. Milacron Holding is next with a a debt to asset ratio of 50.20. Illinois Tool Wo ranks third highest with a a debt to asset ratio of 49.63.

Park Ohio Hldgs follows with a a debt to asset ratio of 47.89, and Nordson Corp rounds out the top five with a a debt to asset ratio of 46.78.

SmarTrend is tracking the current trend status for Nn Inc and will alert subscribers who have NNBR in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio nn inc milacron holding illinois tool wo park ohio hldgs nordson corp

Ticker(s): NNBR MCRN ITW PKOH NDSN