Shares of UTi Worldwide Rank the Highest in Terms of Debt to EBITDA Ratio in the Air Freight & Logistics Industry (UTIW, XPO, AAWW, ECHO, PKOH)
Below are the three companies in the Air Freight & Logistics 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.
UTi Worldwide ranks highest with a a debt to EBITDA ratio of 15.4. Following is XPO Logistics with a a debt to EBITDA ratio of 14.4. Atlas Air Worldwide Holdings ranks third highest with a a debt to EBITDA ratio of 4.8.
Echo Global Logistics follows with a a debt to EBITDA ratio of 4.3, and Park-Ohio Holdings rounds out the top five with a a debt to EBITDA ratio of 3.7.
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Keywords: highest debt to ebitda ratio uti worldwide xpo logistics atlas air worldwide holdings Echo Global Logistics park-ohio holdings