Written on Tue, 01/17/2012 - 6:04am
By Nick Russo
Below are the three companies in the Communications Equipment industry with the lowest Debt-to-Capital ratios. 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.
China Techfaith Wireless Communication Technology ranks lowest with a a Debt-to-Capital ratio of 0.1%. Hemisphere GPS is next with a a Debt-to-Capital ratio of 0.2%. Ituran Location and Control ranks third lowest with a a Debt-to-Capital ratio of 0.3%.
Alliance Fiber Optic Products follows with a a Debt-to-Capital ratio of 0.4%, and Exfo Electro Optical Engineering rounds out the bottom five with a a Debt-to-Capital ratio of 0.9%.
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