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Shares of Old Dominion Frt Rank the Lowest in Terms of Debt-to-Capital Ratio in the Trucking Industry (ODFL, WERN, KNX, SAIA, LSTR)

By James Quinn

Below are the three companies in the Trucking 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.

Old Dominion Frt ranks lowest with a a Debt-to-Capital ratio of 400.5%. Werner Ent is next with a a Debt-to-Capital ratio of 595.3%. Knight Transport ranks third lowest with a a Debt-to-Capital ratio of 1,127.5%.

Saia Inc follows with a a Debt-to-Capital ratio of 1,857.8%, and Landstar System rounds out the bottom five with a a Debt-to-Capital ratio of 2,037.9%.

SmarTrend recommended that its subscribers protect gains by selling shares of Knight Transport on February 25th, 2020 by issuing a Downtrend alert when the shares were trading at $37.01. Since that call, shares of Knight Transport have fallen 16.3%. 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 old dominion frt werner ent knight transport saia inc landstar system