• Return to Headlines

Highest Debt to EBITDA Ratio in the Water Utilities Industry Detected in Shares of Connecticut Water Service (CTWS, AWK, WTR, CWT, YORW)

By James Quinn

Below are the three companies in the Water Utilities 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.

Connecticut Water Service ranks highest with a a debt to EBITDA ratio of 5.1. Following is American Water Works with a a debt to EBITDA ratio of 4.6. Aqua America ranks third highest with a a debt to EBITDA ratio of 4.0.

California Water Service follows with a a debt to EBITDA ratio of 3.9, and York Water rounds out the top five with a a debt to EBITDA ratio of 2.9.

SmarTrend is tracking the current trend status for York Water and will alert subscribers who have YORW in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio connecticut water service american water works aqua america california water service york water

Ticker(s): CTWS AWK WTR CWT YORW