• Return to Headlines

Nordic American is Among the Companies in the Oil & Gas Storage & Transportation Industry With the Lowest Debt-to-Capital Ratio (NAT, TRGP, LPG, DHT, KMI)

By James Quinn

Below are the three companies in the Oil & Gas Storage & Transportation industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Nordic American ranks lowest with a a Debt-to-Capital ratio of 3,370.4%. Following is Targa Resources with a a Debt-to-Capital ratio of 4,028.1%. Dorian Lpg Ltd ranks third lowest with a a Debt-to-Capital ratio of 4,345.2%.

Dht Holdings Inc follows with a a Debt-to-Capital ratio of 4,592.1%, and Kinder Morgan In rounds out the bottom five with a a Debt-to-Capital ratio of 5,124.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Nordic American on October 23rd, 2017 by issuing a Downtrend alert when the shares were trading at $4.78. Since that call, shares of Nordic American have fallen 54.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest debt-to-capital ratio nordic american targa resources dorian lpg ltd dht holdings inc kinder morgan in

Ticker(s): NAT TRGP LPG DHT KMI