General Cable has the Highest Debt to EBITDA Ratio in the Electrical Components & Equipment Industry (BGC, RBC, ST, ETN, FELE)
Below are the three companies in the Electrical Components & Equipment 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.
General Cable ranks highest with a a debt to EBITDA ratio of 6.8. Regal-Beloit is next with a a debt to EBITDA ratio of 5.8. Sensata Technologies ranks third highest with a a debt to EBITDA ratio of 4.0.
Eaton follows with a a debt to EBITDA ratio of 2.6, and Franklin Electric rounds out the top five with a a debt to EBITDA ratio of 2.3.
SmarTrend recommended that its subscribers protect gains by selling shares of Regal-Beloit on May 4th, 2016 by issuing a Downtrend alert when the shares were trading at $64.04. Since that call, shares of Regal-Beloit have fallen 12.9%. 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 general cable regal-beloit sensata technologies Eaton franklin electric