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Amerisourceberge is Among the Companies in the Health Care Distributors Industry With the Highest Debt to Equity Ratio (ABC, CAH, OMI, ACET, MCK)

By James Quinn

Below are the three companies in the Health Care Distributors industry with the highest debt to equity ratios. The Debt/Equity ratio measures a company's leverage and a high level often implies that a company has financed much of its growth with debt.

Amerisourceberge ranks highest with a a debt to equity ratio of 166.7. Following is Cardinal Health with a a debt to equity ratio of 152.7. Owens & Minor ranks third highest with a a debt to equity ratio of 88.7.

Aceto Corp follows with a a debt to equity ratio of 86.8, and Mckesson Corp rounds out the top five with a a debt to equity ratio of 77.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Mckesson Corp on February 26th, 2020 by issuing a Downtrend alert when the shares were trading at $160.43. Since that call, shares of Mckesson Corp have fallen 21.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to equity ratio amerisourceberge Cardinal Health owens & minor aceto corp McKesson Corp

Ticker(s): ABC CAH OMI ACET MCK