Highest Debt to EBITDA Ratio in the Office Services & Supplies Industry Detected in Shares of Pitney Bowes (PBI, ACU, MSA, KNL, HNI)
Below are the three companies in the Office Services & Supplies 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.
Pitney Bowes ranks highest with a a debt to EBITDA ratio of 3.6. Acme United is next with a a debt to EBITDA ratio of 2.9. Mine Safety Appliances ranks third highest with a a debt to EBITDA ratio of 2.2.
Knoll follows with a a debt to EBITDA ratio of 2.1, and HNI rounds out the top five with a a debt to EBITDA ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of Mine Safety Appliances on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $41.97. Since that recommendation, shares of Mine Safety Appliances have risen 25.5%. We continue to monitor Mine Safety Appliances for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio pitney bowes amex:acu acme united mine safety appliances knoll