• Return to Headlines

Anthem Inc has the Highest Debt to EBITDA Ratio in the Managed Health Care Industry (ANTM, MGLN, CNC, UNH, WCG)

By Nick Russo

Below are the three companies in the Managed Health Care 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.

Anthem Inc ranks highest with a a debt to EBITDA ratio of 3.2. Magellan Health is next with a a debt to EBITDA ratio of 3.1. Centene Corp ranks third highest with a a debt to EBITDA ratio of 2.8.

Unitedhealth Grp follows with a a debt to EBITDA ratio of 2.0, and Wellcare Health rounds out the top five with a a debt to EBITDA ratio of 1.6.

SmarTrend recommended that subscribers consider buying shares of Wellcare Health on October 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $273.66. Since that recommendation, shares of Wellcare Health have risen 17.3%. We continue to monitor Wellcare Health for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio anthem inc magellan health centene corp unitedhealth grp wellcare health

Ticker(s): ANTM MGLN CNC UNH WCG