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Amkor Technology has the Highest Debt to Asset Ratio in the Semiconductor Equipment Industry (AMKR, WFR, DQ, CCMP, UCTT)
Dec 13, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Semiconductor 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.Amkor Technology ranks highest with a a debt to asset ratio of 0.52. Following is MEMC Electronic Materials with a a debt to asset ratio of 0.49. Daqo New Energy ranks third highest with a a debt to asset ratio of 0.39.
Cabot Microelectronics follows with a a debt to asset ratio of 0.33, and Ultra Clean rounds out the top five with a a debt to asset ratio of 0.28.
SmarTrend recommended that its subscribers protect gains by selling shares of Ultra Clean on August 24th, 2012 by issuing a Downtrend alert when the shares were trading at $5.68. Since that call, shares of Ultra Clean have fallen 18.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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