• Return to Headlines

Top 5 Companies in the Office REITs Industry With the Highest Debt to Asset Ratio (NRE, GOV, VNO, CLI, CIO)

By Nick Russo

Below are the three companies in the Office REITs 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.

Northstar Realty ranks highest with a a debt to asset ratio of 63.03. Government Prope is next with a a debt to asset ratio of 60.62. Vornado Rlty Tst ranks third highest with a a debt to asset ratio of 58.54.

Mack-Cali Realty follows with a a debt to asset ratio of 56.67, and City Office Reit rounds out the top five with a a debt to asset ratio of 54.60.

SmarTrend recommended that subscribers consider buying shares of Mack-Cali Realty on May 3rd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $17.73. Since that recommendation, shares of Mack-Cali Realty have risen 13.7%. We continue to monitor Mack-Cali Realty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio northstar realty government prope vornado rlty tst mack-cali realty city office reit

Ticker(s): NRE GOV VNO CLI CIO