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Highest Debt to EBITDA Ratio in the Household Products Industry Detected in Shares of Hrg Group Inc (HRG, TIS, SPB, ENR, CENT)

By Amy Schwartz

Below are the three companies in the Household Products 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.

Hrg Group Inc ranks highest with a a debt to EBITDA ratio of 7.0. Orchids Paper Pr is next with a a debt to EBITDA ratio of 6.6. Spectrum Brands ranks third highest with a a debt to EBITDA ratio of 4.5.

Energizer Holdin follows with a a debt to EBITDA ratio of 3.1, and Central Garden rounds out the top five with a a debt to EBITDA ratio of 2.7.

SmarTrend recommended that its subscribers protect gains by selling shares of Spectrum Brands on June 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $127.13. Since that call, shares of Spectrum Brands have fallen 13.8%. 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 hrg group inc amex:tis orchids paper pr spectrum brands energizer holdin central garden

Ticker(s): HRG SPB ENR CENT