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Top 5 Companies in the Environmental & Facilities Services Industry With the Highest Debt to EBITDA Ratio (CVA, TISI, TRR, CLH, CWST)

By Shiri Gupta

Below are the three companies in the Environmental & Facilities Services 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.

Covanta ranks highest with a a debt to EBITDA ratio of 8.3. Following is Team with a a debt to EBITDA ratio of 5.6. TRC Cos ranks third highest with a a debt to EBITDA ratio of 4.8.

Clean Harbors follows with a a debt to EBITDA ratio of 4.6, and Casella Waste Systems rounds out the top five with a a debt to EBITDA ratio of 4.5.

SmarTrend recommended that subscribers consider buying shares of Casella Waste Systems on March 2nd, 2017 as our technology indicated a new Uptrend was in progress when shares hit $12.71. Since that recommendation, shares of Casella Waste Systems have risen 9.4%. We continue to monitor Casella Waste Systems for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio covanta trc cos clean harbors casella waste systems

Ticker(s): CVA TISI TEAM TRR CLH CWST