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Conn Water Svc is Among the Companies in the Water Utilities Industry With the Highest Debt to EBITDA Ratio (CTWS, AWK, WTR, CWT, SJW)

By Nick Russo

Below are the three companies in the Water Utilities 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.

Conn Water Svc ranks highest with a a debt to EBITDA ratio of 5.6. American Water W is next with a a debt to EBITDA ratio of 4.7. Aqua America Inc ranks third highest with a a debt to EBITDA ratio of 4.2.

Calif Water Srvc follows with a a debt to EBITDA ratio of 4.0, and Sjw Group rounds out the top five with a a debt to EBITDA ratio of 3.1.

SmarTrend recommended that subscribers consider buying shares of Sjw Group on July 28th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $52.00. Since that recommendation, shares of Sjw Group have risen 5.9%. We continue to monitor Sjw Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio conn water svc american water w aqua america inc calif water srvc sjw group

Ticker(s): CTWS AWK WTR CWT SJW