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Top 5 Companies in the Specialty Chemicals Industry With the Highest Debt to Asset Ratio (OMN, AXTA, FUL, KRA, PAH)

By James Quinn

Below are the three companies in the Specialty Chemicals 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.

Omnova Solutions ranks highest with a a debt to asset ratio of 57.77. Axalta Coating S is next with a a debt to asset ratio of 57.31. Hb Fuller Co ranks third highest with a a debt to asset ratio of 56.23.

Kraton Corp follows with a a debt to asset ratio of 55.16, and Platform Special rounds out the top five with a a debt to asset ratio of 53.45.

SmarTrend recommended that its subscribers protect gains by selling shares of Omnova Solutions on February 11th, 2019 by issuing a Downtrend alert when the shares were trading at $7.85. Since that call, shares of Omnova Solutions have fallen 28.0%. 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 omnova solutions axalta coating s hb fuller co kraton corp platform special

Ticker(s): OMN AXTA FUL KRA PAH