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Shares of Trimas Corp Rank the Highest in Terms of Debt to EBITDA Ratio in the Industrial Machinery Industry (TRS, CMCO, BOOM, NNBR, CIR)

By Nick Russo

Below are the three companies in the Industrial Machinery 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.

Trimas Corp ranks highest with a a debt to EBITDA ratio of 13.8. Columbus Mcki/Ny is next with a a debt to EBITDA ratio of 8.2. Dmc Global Inc ranks third highest with a a debt to EBITDA ratio of 6.4.

Nn Inc follows with a a debt to EBITDA ratio of 6.3, and Circor Intl rounds out the top five with a a debt to EBITDA ratio of 6.2.

SmarTrend recommended that its subscribers protect gains by selling shares of Circor Intl on June 21st, 2017 by issuing a Downtrend alert when the shares were trading at $58.90. Since that call, shares of Circor Intl have fallen 17.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest debt to ebitda ratio trimas corp columbus mcki/ny dmc global inc nn inc circor intl

Ticker(s): TRS CMCO BOOM NNBR CIR