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Top 5 Companies in the Multi-Utilities Industry With the Highest Debt to Asset Ratio (BKH, D, CMS, NI, NWE)

By James Quinn

Below are the three companies in the Multi-Utilities 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.

Black Hills Corp ranks highest with a a debt to asset ratio of 49.95. Dominion Energy is next with a a debt to asset ratio of 48.74. Cms Energy Corp ranks third highest with a a debt to asset ratio of 45.50.

Nisource Inc follows with a a debt to asset ratio of 45.10, and Northwestern Cor rounds out the top five with a a debt to asset ratio of 39.43.

SmarTrend recommended that subscribers consider buying shares of Northwestern Cor on August 19th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $71.50. Since that recommendation, shares of Northwestern Cor have risen 5.1%. We continue to monitor Northwestern Cor for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio black hills corp dominion energy cms energy corp nisource inc northwestern cor

Ticker(s): BKH D CMS NI NWE