Relatively High Debt to EBITDA Ratio Detected in Shares of Zebra Technologies in the Electronic Equipment & Instruments Industry (ZBRA, ITRI, MLAB, ORBK, RLD)
Below are the three companies in the Electronic Equipment & Instruments 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.
Zebra Technologies ranks highest with a a debt to EBITDA ratio of 10.1. Itron Inc is next with a a debt to EBITDA ratio of 5.5. Mesa Laboratories ranks third highest with a a debt to EBITDA ratio of 2.2.
Orbotech follows with a a debt to EBITDA ratio of 2.0, and RealD rounds out the top five with a a debt to EBITDA ratio of 1.8.
SmarTrend recommended that subscribers consider buying shares of Zebra Technologies on July 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $52.30. Since that recommendation, shares of Zebra Technologies have risen 33.7%. We continue to monitor Zebra Technologies for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio zebra technologies itron inc mesa laboratories orbotech reald