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Lowest Debt-to-Capital Ratio in the Steel Industry Detected in Shares of Haynes International (HAYN, AP, SYNL, TX, SCHN)

By David Diaz

Below are the three companies in the Steel 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.

Haynes International ranks lowest with a a Debt-to-Capital ratio of 1.3%. Ampco-Pittsburgh is next with a a Debt-to-Capital ratio of 6.1%. Synalloy ranks third lowest with a a Debt-to-Capital ratio of 21.6%.

Ternium follows with a a Debt-to-Capital ratio of 24.6%, and Schnitzer Steel Industries rounds out the bottom five with a a Debt-to-Capital ratio of 29.8%.

SmarTrend recommended that subscribers consider buying shares of Schnitzer Steel Industries on June 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $17.51. Since that recommendation, shares of Schnitzer Steel Industries have risen 19.1%. We continue to monitor Schnitzer Steel Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio haynes international ampco-pittsburgh synalloy ternium schnitzer steel industries

Ticker(s): HAYN AP SYNL TX SCHN