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Shares of Essent Group Ltd Rank the Lowest in Terms of Debt-to-Capital Ratio in the Thrifts & Mortgage Finance Industry (ESNT, NWBI, PHH, HBCP, MTG)

By James Quinn

Below are the three companies in the Thrifts & Mortgage Finance 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.

Essent Group Ltd ranks lowest with a a Debt-to-Capital ratio of 1,135.6%. Northwest Bancsh is next with a a Debt-to-Capital ratio of 1,537.7%. Phh Corp ranks third lowest with a a Debt-to-Capital ratio of 1,758.6%.

Home Bancorp Inc follows with a a Debt-to-Capital ratio of 2,048.3%, and Mgic Invt Corp rounds out the bottom five with a a Debt-to-Capital ratio of 2,083.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Mgic Invt Corp on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $14.34. Since that call, shares of Mgic Invt Corp have fallen 24.9%. 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 essent group ltd northwest bancsh phh corp home bancorp inc mgic invt corp

Ticker(s): ESNT NWBI PHH HBCP MTG