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Relatively High Debt to Asset Ratio Detected in Shares of Powerwave Technologies in the Communications Equipment Industry (PWAV, ORCT, CIEN, DLGC, VRAZ)Jun 13, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Communications Equipment 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.Powerwave Technologies ranks highest with a a debt to asset ratio of 1.36. Orckit Communications is next with a a debt to asset ratio of 0.82. Ciena ranks third highest with a a debt to asset ratio of 0.76. Dialogic follows with a a debt to asset ratio of 0.63, and Veraz Networks rounds out the top five with a a debt to asset ratio of 0.63. SmarTrend recommended that its subscribers protect gains by selling shares of Powerwave Technologies on October 17th, 2012 by issuing a Downtrend alert when the shares were trading at $0.44. Since that call, shares of Powerwave Technologies have fallen 86.4%. 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 |
