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Highest Debt to Asset Ratio in the Apparel Retail Industry Detected in Shares of L Brands Inc (LB, ASNA, BURL, BOOT, SMRT)

By Nick Russo

Below are the three companies in the Apparel Retail industry with the highest debt to asset ratios. The Debt/Asset ratio shows the proportion of a company's assets that are financed through debt. If the ratio is greater than one, most of the company's assets are financed through debt.

L Brands Inc ranks highest with a a debt to asset ratio of 71.10. Following is Ascena Retail Gr with a a debt to asset ratio of 46.04. Burlington Store ranks third highest with a a debt to asset ratio of 40.07.

Boot Barn Holdin follows with a a debt to asset ratio of 35.97, and Stein Mart Inc rounds out the top five with a a debt to asset ratio of 34.74.

SmarTrend is tracking the current trend status for L Brands Inc and will alert subscribers who have LB in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to asset ratio l brands inc ascena retail gr burlington store boot barn holdin stein mart inc

Ticker(s): LB ASNA BURL BOOT SMRT