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Top 5 Companies in the Multi-Utilities Industry With the Highest Debt to EBITDA Ratio (BKH, D, SRE, NI, NWE)

By Nick Russo

Below are the three companies in the Multi-Utilities 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.

Black Hills Corp ranks highest with a a debt to EBITDA ratio of 6.7. Following is Dominion Energy with a a debt to EBITDA ratio of 6.2. Sempra Energy ranks third highest with a a debt to EBITDA ratio of 5.5.

Nisource Inc follows with a a debt to EBITDA ratio of 5.5, and Northwestern Cor rounds out the top five with a a debt to EBITDA ratio of 4.8.

SmarTrend recommended that subscribers consider buying shares of Nisource Inc on February 23rd, 2017 as our technology indicated a new Uptrend was in progress when shares hit $23.56. Since that recommendation, shares of Nisource Inc have risen 14.0%. We continue to monitor Nisource Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio black hills corp dominion energy Sempra Energy nisource inc northwestern cor

Ticker(s): BKH D SRE NI NWE