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Shares of Citrix Systems Rank the Highest in Terms of Debt to Equity Ratio in the Application Software Industry (CTXS, ADSK, AVYA, BLKB, HUBS)

By Nick Russo

Below are the three companies in the Application Software 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.

Citrix Systems ranks highest with a a debt to equity ratio of 214.4. Autodesk Inc is next with a a debt to equity ratio of 203.2. Avaya Holdings Corp. ranks third highest with a a debt to equity ratio of 152.4.

Blackbaud Inc follows with a a debt to equity ratio of 142.8, and Hubspot Inc rounds out the top five with a a debt to equity ratio of 141.9.

SmarTrend recommended that its subscribers protect gains by selling shares of Autodesk Inc on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $194.86. Since that call, shares of Autodesk Inc have fallen 27.3%. 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 Citrix Systems autodesk inc :avya avaya holdings corp. blackbaud inc hubspot inc

Ticker(s): CTXS ADSK BLKB HUBS