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Highest Debt to EBITDA Ratio in the Steel Industry Detected in Shares of Us Steel Corp (X, RYI, ZEUS, HNH, AP)

By Shiri Gupta

Below are the three companies in the Steel 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.

Us Steel Corp ranks highest with a a debt to EBITDA ratio of 5.9. Following is Ryerson Holding with a a debt to EBITDA ratio of 5.5. Olympic Steel ranks third highest with a a debt to EBITDA ratio of 5.4.

Handy & Harman L follows with a a debt to EBITDA ratio of 4.7, and Ampco-Pittsburgh rounds out the top five with a a debt to EBITDA ratio of 4.3.

SmarTrend recommended that subscribers consider buying shares of Handy & Harman L on March 1st, 2017 as our technology indicated a new Uptrend was in progress when shares hit $26.42. Since that recommendation, shares of Handy & Harman L have risen 23.7%. We continue to monitor Handy & Harman L for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio us steel corp ryerson holding olympic steel handy & harman l ampco-pittsburgh

Ticker(s): X RYI ZEUS HNH AP