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Relatively High Debt to Equity Ratio Detected in Shares of Burlington Store in the Apparel Retail Industry (BURL, SMRT, ASNA, SSI, BOOT)

By Nick Russo

Below are the three companies in the Apparel 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.

Burlington Store ranks highest with a a debt to equity ratio of 1,298.7. Stein Mart Inc is next with a a debt to equity ratio of 325.7. Ascena Retail Gr ranks third highest with a a debt to equity ratio of 205.9.

Stage Stores Inc follows with a a debt to equity ratio of 100.2, and Boot Barn Holdin rounds out the top five with a a debt to equity ratio of 98.6.

SmarTrend recommended that subscribers consider buying shares of Burlington Store on August 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $200.02. Since that recommendation, shares of Burlington Store have risen 13.0%. We continue to monitor Burlington Store for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to equity ratio burlington store stein mart inc ascena retail gr stage stores inc boot barn holdin

Ticker(s): BURL SMRT ASNA SSI BOOT