Shares of ORBCOMM Rank the Highest in Terms of Debt to EBITDA Ratio in the Alternative Carriers Industry (ORBC, IRDM, CCOI, LVLT, PGI)
Below are the three companies in the Alternative Carriers 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.
ORBCOMM ranks highest with a a debt to EBITDA ratio of 14.1. Following is Iridiummmunications with a a debt to EBITDA ratio of 7.0. Cogent Communications ranks third highest with a a debt to EBITDA ratio of 4.8.
Level 3 Communications follows with a a debt to EBITDA ratio of 4.7, and Premiere Global Services rounds out the top five with a a debt to EBITDA ratio of 4.4.
SmarTrend recommended that subscribers consider buying shares of Premiere Global Services on April 24th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $10.47. Since that recommendation, shares of Premiere Global Services have risen 33.7%. We continue to monitor Premiere Global Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest debt to ebitda ratio orbcomm iridiummmunications cogent communications level 3 communications premiere global services