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J&J Snack Foods is Among the Companies in the Packaged Foods & Meats Industry With the Lowest Debt-to-Capital Ratio (JJSF, SAFM, TR, SEB, CALM)

By Nick Russo

Below are the three companies in the Packaged Foods & Meats 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.

J&J Snack Foods ranks lowest with a a Debt-to-Capital ratio of 0.2%. Following is Sanderson Farms with a a Debt-to-Capital ratio of 1.0%. Tootsie Roll Industries ranks third lowest with a a Debt-to-Capital ratio of 1.2%.

Seaboard follows with a a Debt-to-Capital ratio of 3.6%, and Cal-Maine Foods rounds out the bottom five with a a Debt-to-Capital ratio of 5.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Cal-Maine Foods on September 16th, 2016 by issuing a Downtrend alert when the shares were trading at $42.54. Since that call, shares of Cal-Maine Foods have fallen 9.7%. 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 j&j snack foods Sanderson Farms tootsie roll industries amex:seb seaboard cal-maine foods

Ticker(s): JJSF SAFM TR CALM