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Top 5 Companies in the Life Sciences Tools & Services Industry With the Highest Debt to Asset Ratio (CRL, AMRI, MTD, WAT, TMO)

By James Quinn

Below are the three companies in the Life Sciences Tools & Services 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.

Charles River Laboratories ranks highest with a a debt to asset ratio of 45.54. Following is Albany Molecular Research with a a debt to asset ratio of 44.97. Mettler-Toledo International ranks third highest with a a debt to asset ratio of 41.26.

Waters follows with a a debt to asset ratio of 39.19, and Thermo Fisher Scientific rounds out the top five with a a debt to asset ratio of 36.28.

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Keywords: highest debt to asset ratio charles river laboratories albany molecular research mettler-toledo international waters thermo fisher scientific

Ticker(s): CRL AMRI MTD WAT TMO