Relatively High Debt to EBITDA Ratio Detected in Shares of Pitney Bowes in the Office Services & Supplies Industry (PBI, ACU, MSA, KNL, HNI)
Below are the three companies in the Office Services & Supplies 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.
Pitney Bowes ranks highest with a a debt to EBITDA ratio of 3.6. Following is Acme United with a a debt to EBITDA ratio of 2.9. Mine Safety Appliances ranks third highest with a a debt to EBITDA ratio of 2.2.
Knoll follows with a a debt to EBITDA ratio of 2.1, and HNI rounds out the top five with a a debt to EBITDA ratio of 1.3.
SmarTrend recommended that subscribers consider buying shares of HNI on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.34. Since that recommendation, shares of HNI have risen 31.0%. We continue to monitor HNI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio pitney bowes amex:acu acme united mine safety appliances knoll