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Nordic American has the Lowest Debt-to-Capital Ratio in the Oil & Gas Storage & Transportation Industry (NAT, TRGP, LPG, DHT, GNRT)

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 3,535.3%. 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 Gener8 Maritime rounds out the bottom five with a a Debt-to-Capital ratio of 5,072.9%.

SmarTrend recommended that subscribers consider buying shares of Dht Holdings Inc on September 6th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $5.79. Since that recommendation, shares of Dht Holdings Inc have risen 32.9%. We continue to monitor Dht Holdings Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio nordic american targa resources dorian lpg ltd dht holdings inc gener8 maritime

Ticker(s): NAT TRGP LPG DHT GNRT