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L Brands Inc is Among the Companies in the Apparel Retail Industry With the Highest Debt to Asset Ratio (LB, ASNA, BURL, BOOT, SMRT)

By David Diaz

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. Ascena Retail Gr is next 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 recommended that its subscribers protect gains by selling shares of Ascena Retail Gr on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $5.33. Since that call, shares of Ascena Retail Gr have fallen 11.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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