• Return to Headlines

Layne Christensen is Among the Companies in the Construction & Engineering Industry With the Highest Debt to EBITDA Ratio (LAYN, KBR, ACM, GLDD, CBI)

By James Quinn

Below are the three companies in the Construction & Engineering 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.

Layne Christensen ranks highest with a a debt to EBITDA ratio of 18.7. KBR is next with a a debt to EBITDA ratio of 9.5. Aecom Technology ranks third highest with a a debt to EBITDA ratio of 5.0.

Great Lakes Dredge & Dock follows with a a debt to EBITDA ratio of 4.5, and Chicago Bridge & Iron rounds out the top five with a a debt to EBITDA ratio of 3.5.

SmarTrend recommended that its subscribers protect gains by selling shares of Layne Christensen on February 16th, 2017 by issuing a Downtrend alert when the shares were trading at $9.84. Since that call, shares of Layne Christensen have fallen 19.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to ebitda ratio layne christensen aecom technology great lakes dredge & dock chicago bridge & iron

Ticker(s): LAYN KBR ACM GLDD CBI