[June 13, 2013] Relatively High Debt to Asset Ratio Detected in Shares of Zagg in the Consumer Electronics Industry (ZAGG, HAR, MSN, UEIC, GRMN) Tweet Jun 13, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Consumer Electronics 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.Zagg ranks highest with a a debt to asset ratio of 0.14. Following is Harman International Industries with a a debt to asset ratio of 0.09. Emerson Radio ranks third highest with a a debt to asset ratio of 0.00. Universal Electronics follows with a a debt to asset ratio of 0.00, and Garmin rounds out the top five with a a debt to asset ratio of 0.00. SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 18th, 2013 by issuing a Downtrend alert when the shares were trading at $6.81. Since that call, shares of Zagg have fallen 20.8%. 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 [ Back To TMCnet.com's Homepage ]