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Relatively High Debt to Asset Ratio Detected in Shares of Great Lakes Dred in the Construction & Engineering Industry (GLDD, DY, CBI, MTZ, AEGN)

By James Quinn

Below are the three companies in the Construction & Engineering 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.

Great Lakes Dred ranks highest with a a debt to asset ratio of 51.77. Dycom Inds is next with a a debt to asset ratio of 40.01. Chicago Bridge & ranks third highest with a a debt to asset ratio of 37.89.

Mastec Inc follows with a a debt to asset ratio of 33.65, and Aegion Corp rounds out the top five with a a debt to asset ratio of 31.14.

SmarTrend recommended that its subscribers protect gains by selling shares of Great Lakes Dred on February 11th, 2020 by issuing a Downtrend alert when the shares were trading at $10.46. Since that call, shares of Great Lakes Dred have fallen 16.3%. 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 great lakes dred dycom inds chicago bridge & mastec inc aegion corp

Ticker(s): GLDD DY CBI MTZ AEGN