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Top 5 Companies in the Health Care Supplies Industry With the Highest Debt to EBITDA Ratio (ALR, HAE, HYH, RTIX, QDEL)

By David Diaz

Below are the three companies in the Health Care Supplies 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.

Alere Inc ranks highest with a a debt to EBITDA ratio of 10.6. Haemonetics Corp is next with a a debt to EBITDA ratio of 4.5. Halyard Health ranks third highest with a a debt to EBITDA ratio of 4.0.

Rti Surgical Inc follows with a a debt to EBITDA ratio of 3.8, and Quidel Corp rounds out the top five with a a debt to EBITDA ratio of 3.7.

SmarTrend recommended that subscribers consider buying shares of Quidel Corp on February 13th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $20.46. Since that recommendation, shares of Quidel Corp have risen 74.5%. We continue to monitor Quidel Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio amex:alr alere inc haemonetics corp halyard health rti surgical inc quidel corp

Ticker(s): HAE HYH RTIX QDEL