|
Shares of Ambac Financial Rank the Highest in Terms of Debt to Asset Ratio in the Property & Casualty Insurance Industry (ABK, AFFM, IPCC, FAC, KFS)
Dec 13, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Property & Casualty Insurance 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.Ambac Financial ranks highest with a a debt to asset ratio of 0.56. Affirmative Insurance Holdings is next with a a debt to asset ratio of 0.50. Infinity Property & Casualty ranks third highest with a a debt to asset ratio of 0.20.
First Acceptance follows with a a debt to asset ratio of 0.16, and Kingsway Financial Services rounds out the top five with a a debt to asset ratio of 0.14.
SmarTrend recommended that its subscribers protect gains by selling shares of Kingsway Financial Services on November 9th, 2012 by issuing a Downtrend alert when the shares were trading at $2.92. Since that call, shares of Kingsway Financial Services have fallen 4.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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 Technology News's Homepage ]
|
Internet Telephony Magazine
Click here to read latest issue
CUSTOMER 
Cloud Computing Magazine
Click here to read latest issue
M2M Evolution Magazine
Call Center/CRM
Info Tech 
IP Communications 
Mobile 
Green 
Satellite 
Robotics 
