• Return to Headlines

Tech Data Corp is Among the Companies in the Technology Distributors Industry With the Highest Debt to EBITDA Ratio (TECD, AXE, CDW, ARW, AVT)

By James Quinn

Below are the three companies in the Technology Distributors 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.

Tech Data Corp ranks highest with a a debt to EBITDA ratio of 5.9. Following is Anixter Intl Inc with a a debt to EBITDA ratio of 3.7. Cdw Corp/De ranks third highest with a a debt to EBITDA ratio of 3.0.

Arrow Electronic follows with a a debt to EBITDA ratio of 2.9, and Avnet Inc rounds out the top five with a a debt to EBITDA ratio of 2.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Anixter Intl Inc on August 10th, 2017 by issuing a Downtrend alert when the shares were trading at $75.78. Since that call, shares of Anixter Intl Inc have fallen 3.7%. 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 tech data corp anixter intl inc cdw corp/de arrow electronic avnet inc

Ticker(s): TECD AXE CDW ARW AVT