Steelcase is Among the Companies in the Office Services & Supplies Industry With the Lowest Debt-to-Capital Ratio (SCS, MLHR, HNI, ACU, MSA)
Below are the three companies in the Office Services & Supplies 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.
Steelcase ranks lowest with a a Debt-to-Capital ratio of 29.0%. Herman Miller is next with a a Debt-to-Capital ratio of 35.7%. HNI ranks third lowest with a a Debt-to-Capital ratio of 36.6%.
Acme United follows with a a Debt-to-Capital ratio of 39.5%, and Mine Safety Appliances rounds out the bottom five with a a Debt-to-Capital ratio of 42.9%.
SmarTrend recommended that subscribers consider buying shares of Acme United on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $16.03. Since that recommendation, shares of Acme United have risen 22.3%. We continue to monitor Acme United for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest debt-to-capital ratio steelcase herman miller amex:acu acme united mine safety appliances