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Relatively High Debt to Equity Ratio Detected in Shares of Fluidigm Corp in the Life Sciences Tools & Services Industry (FLDM, MTD, PRAH, NSTG, NEO)

By James Quinn

Below are the three companies in the Life Sciences Tools & Services 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.

Fluidigm Corp ranks highest with a a debt to equity ratio of 631.1. Following is Mettler-Toledo with a a debt to equity ratio of 179.0. Pra Health Scien ranks third highest with a a debt to equity ratio of 134.7.

Nanostring Techn follows with a a debt to equity ratio of 122.0, and Neogenomics Inc rounds out the top five with a a debt to equity ratio of 110.4.

SmarTrend recommended that its subscribers protect gains by selling shares of Mettler-Toledo on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $799.02. Since that call, shares of Mettler-Toledo have fallen 13.4%. 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 fluidigm corp mettler-toledo pra health scien nanostring techn neogenomics inc

Ticker(s): FLDM MTD PRAH NSTG NEO