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LKQ has the Highest Debt to Asset Ratio in the Distributors Industry (LKQX, POOL, CRV, VOXX, WEYS)
Jan 11, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Distributors 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.LKQ ranks highest with a a debt to asset ratio of 0.28. Following is Pool with a a debt to asset ratio of 0.26. Coast Distribution System ranks third highest with a a debt to asset ratio of 0.23.
Audiovox follows with a a debt to asset ratio of 0.23, and Weyco Group rounds out the top five with a a debt to asset ratio of 0.16.
SmarTrend is monitoring the recent change of momentum in Audiovox. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Audiovox in search of a potential trend change.
Write to Chip Brian at cbrian@mysmartrend.com
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