TMCnet News
Highest Debt to Asset Ratio in the Metal & Glass Containers Industry Detected in Shares of Silgan Holdings (SLGN, AEPI, CCK, BLL, OI)May 13, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Metal & Glass Containers 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.Silgan Holdings ranks highest with a a debt to asset ratio of 0.51. Following is AEP Industries with a a debt to asset ratio of 0.50. Crown Holdings ranks third highest with a a debt to asset ratio of 0.49. Ball follows with a a debt to asset ratio of 0.44, and Owens-Illinois rounds out the top five with a a debt to asset ratio of 0.44. SmarTrend recommended that subscribers consider buying shares of AEP Industries on April 16th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $71.09. Since that recommendation, shares of AEP Industries have risen 16.4%. We continue to monitor AEP Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |
