Highest Debt to EBITDA Ratio in the Water Utilities Industry Detected in Shares of Connecticut Water Service (CTWS, AWK, CWT, WTR, SJW)
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 4.6. Following is American Water Works with a a debt to EBITDA ratio of 4.2. California Water Service ranks third highest with a a debt to EBITDA ratio of 4.1.
Aqua America follows with a a debt to EBITDA ratio of 3.9, and SJW rounds out the top five with a a debt to EBITDA ratio of 3.8.
SmarTrend recommended that subscribers consider buying shares of California Water Service on December 3rd, 2015 as our technology indicated a new Uptrend was in progress when shares hit $22.60. Since that recommendation, shares of California Water Service have risen 25.8%. We continue to monitor California Water Service for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio connecticut water service american water works california water service aqua america