Highest Debt to EBITDA Ratio in the Electronic Manufacturing Services Industry Detected in Shares of Maxwell Technologies (MXWL, TTMI, PKE, KTCC, FLEX)
Below are the three companies in the Electronic Manufacturing Services 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.
Maxwell Technologies ranks highest with a a debt to EBITDA ratio of 87.2. TTM Technologies is next with a a debt to EBITDA ratio of 6.5. Park Electrochemical ranks third highest with a a debt to EBITDA ratio of 4.0.
KEY Tronic follows with a a debt to EBITDA ratio of 2.6, and Flextronics International rounds out the top five with a a debt to EBITDA ratio of 2.3.
SmarTrend is tracking the current trend status for Flextronics International and will alert subscribers who have FLEX in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest debt to ebitda ratio maxwell technologies ttm technologies park electrochemical key tronic flextronics international