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Relatively High Debt to EBITDA Ratio Detected in Shares of Gen Cable Corp in the Electrical Components & Equipment Industry (BGC, LYTS, GNRC, RBC, ETN)

By Shiri Gupta

Below are the three companies in the Electrical Components & Equipment 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.

Gen Cable Corp ranks highest with a a debt to EBITDA ratio of 14.2. Lsi Industries is next with a a debt to EBITDA ratio of 4.3. Generac Holdings ranks third highest with a a debt to EBITDA ratio of 4.0.

Regal Beloit Cor follows with a a debt to EBITDA ratio of 2.9, and Eaton Corp Plc rounds out the top five with a a debt to EBITDA ratio of 2.6.

SmarTrend is tracking the current trend status for Eaton Corp Plc and will alert subscribers who have ETN in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest debt to ebitda ratio gen cable corp lsi industries generac holdings regal beloit cor eaton corp plc

Ticker(s): BGC LYTS GNRC RBC ETN