Relatively High Debt to EBITDA Ratio Detected in Shares of Juniper Networks in the Communications Equipment Industry (JNPR, CIEN, SONS, KVHI, HRS)
Below are the three companies in the Communications 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.
Juniper Networks ranks highest with a a debt to EBITDA ratio of 18.2. Ciena is next with a a debt to EBITDA ratio of 6.5. Sonus Networks ranks third highest with a a debt to EBITDA ratio of 5.7.
KVH Industries follows with a a debt to EBITDA ratio of 5.0, and Harris rounds out the top five with a a debt to EBITDA ratio of 4.8.
SmarTrend recommended that subscribers consider buying shares of Harris on June 6th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $80.45. Since that recommendation, shares of Harris have risen 6.5%. We continue to monitor Harris for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio Juniper Networks Ciena Sonus Networks kvh industries harris