Written on Sat, 09/29/2012 - 9:21am
By James Quinn
Below are the three companies in the Commodity Chemicals 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.
Koppers Holdings ranks highest with a a debt to equity ratio of 2.6. Following is Georgia Gulf with a a debt to equity ratio of 1.1. Cereplast ranks third highest with a a debt to equity ratio of 0.8.
Methanex follows with a a debt to equity ratio of 0.8, and Spartech rounds out the top five with a a debt to equity ratio of 0.8.
SmarTrend recommended that subscribers consider buying shares of Spartech on June 19th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.46. Since that recommendation, shares of Spartech have risen 20.1%. We continue to monitor Spartech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to equity ratio koppers holdings georgia gulf cereplast methanex spartech
Ticker(s): KOP GGC CERP MEOH SEH
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