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Aceto Corp is Among the Companies in the Health Care Distributors Industry With the Highest Debt to EBITDA Ratio (ACET, PMC, PDCO, OMI, ABC)

By James Quinn

Below are the three companies in the Health Care Distributors industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.

Aceto Corp ranks highest with a a debt to EBITDA ratio of 6.8. Pharmerica Corp is next with a a debt to EBITDA ratio of 4.7. Patterson Cos ranks third highest with a a debt to EBITDA ratio of 2.9.

Owens & Minor follows with a a debt to EBITDA ratio of 2.3, and Amerisourceberge rounds out the top five with a a debt to EBITDA ratio of 1.9.

SmarTrend recommended that its subscribers protect gains by selling shares of Owens & Minor on March 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $34.40. Since that call, shares of Owens & Minor have fallen 17.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to ebitda ratio aceto corp pharmerica corp patterson cos owens & minor amerisourceberge

Ticker(s): ACET PMC PDCO OMI ABC