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Shares of Insulet Corp Rank the Highest in Terms of Debt to EBITDA Ratio in the Health Care Equipment Industry (PODD, ARAY, IVC, ZBH, CNMD)

By David Diaz

Below are the three companies in the Health Care 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.

Insulet Corp ranks highest with a a debt to EBITDA ratio of 62.1. Following is Accuray Inc with a a debt to EBITDA ratio of 58.6. Invacare Corp ranks third highest with a a debt to EBITDA ratio of 19.1.

Zimmer Biomet Ho follows with a a debt to EBITDA ratio of 5.8, and Conmed Corp rounds out the top five with a a debt to EBITDA ratio of 5.7.

SmarTrend recommended that subscribers consider buying shares of Insulet Corp on June 13th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $44.08. Since that recommendation, shares of Insulet Corp have risen 31.9%. We continue to monitor Insulet Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio insulet corp accuray inc invacare corp zimmer biomet ho conmed corp

Ticker(s): PODD ARAY IVC ZBH CNMD