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

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 13.0. Thermon Group Ho is next with a a debt to EBITDA ratio of 5.3. Generac Holdings ranks third highest with a a debt to EBITDA ratio of 2.8.

Regal Beloit Cor follows with a a debt to EBITDA ratio of 2.4, and Allied Motion Te rounds out the top five with a a debt to EBITDA ratio of 2.4.

SmarTrend recommended that subscribers consider buying shares of Gen Cable Corp on November 29th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $21.48. Since that recommendation, shares of Gen Cable Corp have risen 38.3%. We continue to monitor Gen Cable Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio gen cable corp thermon group ho generac holdings regal beloit cor allied motion te

Ticker(s): BGC THR GNRC RBC AMOT