• Return to Headlines

Transdigm Group is Among the Companies in the Aerospace & Defense Industry With the Highest Debt to Asset Ratio (TDG, WAIR, EGL, NOC, HRS)

By Amy Schwartz

Below are the three companies in the Aerospace & Defense 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.

Transdigm Group ranks highest with a a debt to asset ratio of 117.91. Following is Wesco Aircraft H with a a debt to asset ratio of 49.53. Engility Holding ranks third highest with a a debt to asset ratio of 47.66.

Northrop Grumman follows with a a debt to asset ratio of 43.72, and Harris Corp rounds out the top five with a a debt to asset ratio of 39.94.

SmarTrend recommended that subscribers consider buying shares of Northrop Grumman on April 12th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $280.80. Since that recommendation, shares of Northrop Grumman have risen 15.4%. We continue to monitor Northrop Grumman for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to asset ratio transdigm group wesco aircraft h engility holding Northrop Grumman harris corp

Ticker(s): TDG WAIR EGL NOC HRS