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Icahn Enterprises is Among the Companies in the Industrial Conglomerates Industry With the Highest Debt to EBITDA Ratio (IEP, GE, DHR, ROP, MMM)

By James Quinn

Below are the three companies in the Industrial Conglomerates 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.

Icahn Enterprises ranks highest with a a debt to EBITDA ratio of 25.1. General Electric is next with a a debt to EBITDA ratio of 14.9. Danaher ranks third highest with a a debt to EBITDA ratio of 3.4.

Roper Industries follows with a a debt to EBITDA ratio of 2.3, and 3M rounds out the top five with a a debt to EBITDA ratio of 1.3.

SmarTrend recommended that subscribers consider buying shares of Roper Industries on August 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $176.18. Since that recommendation, shares of Roper Industries have risen 3.4%. We continue to monitor Roper Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio Icahn Enterprises General Electric danaher roper industries 3M