Below are the five companies in the Metal & Glass Containers industry with the lowest Debt-to-Capital ratio. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.
Aptargroup (NYSE:ATR - Snapshot Report) ranks lowest with Debt-to-Capital ratio of 21.69%; Myers Industries (NYSE:MYE - Snapshot Report) ranks next with Debt-to-Capital ratio of 29.36%; and Greif (NYSE:GEF - Snapshot Report) ranks next lowest with Debt-to-Capital ratio of 45.80%.
Owens-Illinois (NYSE:OI - Analyst Report) follows with Debt-to-Capital ratio of 66.67% and Ball (NYSE:BLL - Analyst Report) rounds out the group with Debt-to-Capital ratio of 67.65%.
SmarTrend currently has shares of Owens-Illinois in an Downtrend and issued the Downtrend alert on June 03, 2011 at $30.59. The stock has fallen 14.4% since the Downtrend alert was issued.