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Morgans Hotel is Among the Companies in the Hotels, Resorts & Cruise Lines Industry With the Highest Debt to EBITDA Ratio (MHGC, OEH, WOLF, GET, RCL)

Written on Fri, 02/03/2012 - 4:02am
By Nick Russo

Below are the three companies in the Hotels, Resorts & Cruise Lines 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.

Morgans Hotel ranks highest with a a debt to EBITDA ratio of 21.2. Orient-Express Hotels is next with a a debt to EBITDA ratio of 7.2. Great Wolf Resorts ranks third highest with a a debt to EBITDA ratio of 6.9.

Gaylord Entertainment follows with a a debt to EBITDA ratio of 6.0, and Royal Caribbean Cruises rounds out the top five with a a debt to EBITDA ratio of 5.4.

SmarTrend is tracking the current trend status for Royal Caribbean Cruises and will alert subscribers who have RCL in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio morgans hotel orient-express hotels great wolf resorts gaylord entertainment royal caribbean cruises

Ticker(s): MHGC OEH WOLF GET RCL

Contact Nick Russo



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