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Relatively High Debt to EBITDA Ratio Detected in Shares of Andersons Inc in the Food Distributors Industry (ANDE, CHEF, SPTN, SYY, UNFI)

By Shiri Gupta

Below are the three companies in the Food Distributors 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.

Andersons Inc ranks highest with a a debt to EBITDA ratio of 6.2. Following is Chefs Warehouse with a a debt to EBITDA ratio of 5.1. Spartannash Co ranks third highest with a a debt to EBITDA ratio of 3.4.

Sysco Corp follows with a a debt to EBITDA ratio of 2.9, and United Natural rounds out the top five with a a debt to EBITDA ratio of 1.5.

SmarTrend recommended that its subscribers protect gains by selling shares of United Natural on March 10th, 2017 by issuing a Downtrend alert when the shares were trading at $42.44. Since that call, shares of United Natural have fallen 16.7%. 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 andersons inc chefs warehouse spartannash co sysco corp united natural

Ticker(s): ANDE CHEF SPTN SYY UNFI