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Newpark Resource is Among the Companies in the Oil & Gas Equipment & Services Industry With the Highest Debt to EBITDA Ratio (NR, BRS, HOS, CKH, PHIIK)

By Nick Russo

Below are the three companies in the Oil & Gas Equipment & Services 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.

Newpark Resource ranks highest with a a debt to EBITDA ratio of 50.2. Following is Bristow Group In with a a debt to EBITDA ratio of 47.5. Hornbeck Offshor ranks third highest with a a debt to EBITDA ratio of 46.1.

Seacor Holdings follows with a a debt to EBITDA ratio of 20.5, and Phi Inc-Nv rounds out the top five with a a debt to EBITDA ratio of 12.3.

SmarTrend recommended that subscribers consider buying shares of Phi Inc-Nv on August 7th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $10.37. Since that recommendation, shares of Phi Inc-Nv have risen 9.2%. We continue to monitor Phi Inc-Nv for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio newpark resource bristow group in hornbeck offshor seacor holdings phi inc-nv

Ticker(s): NR BRS HOS CKH PHIIK