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Kroger Co is Among the Companies in the Food Retail Industry With the Highest Debt to Equity Ratio (KR, SFS, IMKTA, CASY, SFM)

By David Diaz

Below are the three companies in the Food Retail 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.

Kroger Co ranks highest with a a debt to equity ratio of 224.9. Smart & Final St is next with a a debt to equity ratio of 173.5. Ingles Markets-A ranks third highest with a a debt to equity ratio of 171.8.

Casey'S General follows with a a debt to equity ratio of 77.6, and Sprouts Farmers rounds out the top five with a a debt to equity ratio of 74.2.

SmarTrend recommended that its subscribers protect gains by selling shares of Casey'S General on February 28th, 2020 by issuing a Downtrend alert when the shares were trading at $164.32. Since that call, shares of Casey'S General have fallen 19.5%. 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 kroger co smart & final st ingles markets-a :casy casey's general sprouts farmers

Ticker(s): KR SFS IMKTA SFM