Relatively High Debt to EBITDA Ratio Detected in Shares of Tejon Ranch in the Diversified Real Estate Activities Industry (TRC, JOE, CTO, BAM, ALEX)
Below are the three companies in the Diversified Real Estate Activities 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.
Tejon Ranch ranks highest with a a debt to EBITDA ratio of 45.7. St. Joe is next with a a debt to EBITDA ratio of 33.7. Consolidated-Tomoka Land ranks third highest with a a debt to EBITDA ratio of 12.8.
Brookfield Asset Management follows with a a debt to EBITDA ratio of 12.1, and Alexander & Baldwin rounds out the top five with a a debt to EBITDA ratio of 4.6.
SmarTrend recommended that subscribers consider buying shares of St. Joe on March 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $16.34. Since that recommendation, shares of St. Joe have risen 14.4%. We continue to monitor St. Joe for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio tejon ranch st. joe amex:cto consolidated-tomoka land Brookfield Asset Management alexander & baldwin