Shares of Ingles Markets Rank the Highest in Terms of Debt to EBITDA Ratio in the Food Retail Industry (IMKTA, SVU, KR, CASY, VLGEA)
Below are the three companies in the Food Retail 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.
Ingles Markets ranks highest with a a debt to EBITDA ratio of 3.8. SUPERVALU is next with a a debt to EBITDA ratio of 3.7. Kroger ranks third highest with a a debt to EBITDA ratio of 2.1.
Casey's General Stores follows with a a debt to EBITDA ratio of 1.7, and Village Super Market rounds out the top five with a a debt to EBITDA ratio of 0.7.
SmarTrend recommended that subscribers consider buying shares of Casey's General Stores on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $109.58. Since that recommendation, shares of Casey's General Stores have risen 4.5%. We continue to monitor Casey's General Stores for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio ingles markets SuperValu Kroger casey's general stores village super market