Titan Machinery has the Highest Debt to EBITDA Ratio in the Trading Companies & Distributors Industry (TITN, DXPE, WLFC, ACY, TGH)
Below are the three companies in the Trading Companies & 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.
Titan Machinery ranks highest with a a debt to EBITDA ratio of 30.4. Following is DXP Enterprises with a a debt to EBITDA ratio of 18.2. Willis Lease Finance ranks third highest with a a debt to EBITDA ratio of 8.3.
AeroCentury follows with a a debt to EBITDA ratio of 7.2, and Textainer Group Holdings rounds out the top five with a a debt to EBITDA ratio of 6.7.
SmarTrend recommended that its subscribers protect gains by selling shares of AeroCentury on March 11th, 2016 by issuing a Downtrend alert when the shares were trading at $12.30. Since that call, shares of AeroCentury have fallen 20.1%. 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 titan machinery dxp enterprises willis lease finance amex:acy aerocentury textainer group holdings