Highest Debt to EBITDA Ratio in the Human Resource & Employment Services Industry Detected in Shares of On Assignment (ASGN, GPX, KELYA, MAN, KFRC)
Below are the three companies in the Human Resource & Employment 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.
On Assignment ranks highest with a a debt to EBITDA ratio of 4.0. Following is GP Strategies with a a debt to EBITDA ratio of 1.4. Kelly Services ranks third highest with a a debt to EBITDA ratio of 1.2.
Manpower follows with a a debt to EBITDA ratio of 1.1, and Kforce rounds out the top five with a a debt to EBITDA ratio of 1.0.
SmarTrend recommended that subscribers consider buying shares of Kelly Services on February 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $16.43. Since that recommendation, shares of Kelly Services have risen 14.0%. We continue to monitor Kelly Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio on assignment gp strategies kelly services Manpower Kforce