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

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.

Waste Connections ranks highest with a a debt to EBITDA ratio of 9.3. Following is Ceco Environmental with a a debt to EBITDA ratio of 8.0. Covanta ranks third highest with a a debt to EBITDA ratio of 7.7.

Casella Waste Systems follows with a a debt to EBITDA ratio of 5.8, and Team rounds out the top five with a a debt to EBITDA ratio of 4.2.

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Keywords: highest debt to ebitda ratio waste connections ceco environmental covanta casella waste systems

Ticker(s): WCN CECE CVA CWST TISI TEAM