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Shares of Ambac Financial Rank the Highest in Terms of Debt to Asset Ratio in the Property & Casualty Insurance Industry (ABK, AFFM, IPCC, FAC, KFS)Dec 13, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Property & Casualty Insurance 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.Ambac Financial ranks highest with a a debt to asset ratio of 0.56. Affirmative Insurance Holdings is next with a a debt to asset ratio of 0.50. Infinity Property & Casualty ranks third highest with a a debt to asset ratio of 0.20. First Acceptance follows with a a debt to asset ratio of 0.16, and Kingsway Financial Services rounds out the top five with a a debt to asset ratio of 0.14. SmarTrend recommended that its subscribers protect gains by selling shares of Kingsway Financial Services on November 9th, 2012 by issuing a Downtrend alert when the shares were trading at $2.92. Since that call, shares of Kingsway Financial Services have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |