Relatively High Debt to EBITDA Ratio Detected in Shares of Clear Channel Outdoor Holdings in the Advertising Industry (CCO, MDCA, NCMI, OMC, IPG)
Below are the three companies in the Advertising 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.
Clear Channel Outdoor Holdings ranks highest with a a debt to EBITDA ratio of 7.5. Following is MDC Partners with a a debt to EBITDA ratio of 5.5. National CineMedia ranks third highest with a a debt to EBITDA ratio of 5.3.
Omnicom Group follows with a a debt to EBITDA ratio of 2.1, and Interpublic Group of Cos rounds out the top five with a a debt to EBITDA ratio of 1.7.
SmarTrend recommended that subscribers consider buying shares of Clear Channel Outdoor Holdings on March 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $4.43. Since that recommendation, shares of Clear Channel Outdoor Holdings have risen 46.4%. We continue to monitor Clear Channel Outdoor Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio clear channel outdoor holdings mdc partners national cinemedia Omnicom Group interpublic group of cos