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Relatively High Debt to Equity Ratio Detected in Shares of Endologix Inc in the Health Care Supplies Industry (ELGX, ALR, QDEL, CERS, MMSI)

By David Diaz

Below are the three companies in the Health Care Supplies 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.

Endologix Inc ranks highest with a a debt to equity ratio of 300.4. Alere Inc is next with a a debt to equity ratio of 264.1. Quidel Corp ranks third highest with a a debt to equity ratio of 170.6.

Cerus Corp follows with a a debt to equity ratio of 91.3, and Merit Medical rounds out the top five with a a debt to equity ratio of 41.2.

SmarTrend is monitoring the recent change of momentum in Merit Medical. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Merit Medical in search of a potential trend change.

Keywords: highest debt to equity ratio endologix inc :alr alere inc quidel corp cerus corp merit medical

Ticker(s): ELGX QDEL CERS MMSI