• Return to Headlines

Highest Debt to EBITDA Ratio in the Technology Distributors Industry Detected in Shares of Anixter Intl Inc (AXE, ARW, SCSC, TECD, CDW)

By David Diaz

Below are the three companies in the Technology 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.

Anixter Intl Inc ranks highest with a a debt to EBITDA ratio of 3.5. Arrow Electronic is next with a a debt to EBITDA ratio of 3.1. Scansource Inc ranks third highest with a a debt to EBITDA ratio of 3.1.

Tech Data Corp follows with a a debt to EBITDA ratio of 2.9, and Cdw Corp/De rounds out the top five with a a debt to EBITDA ratio of 2.8.

SmarTrend recommended that subscribers consider buying shares of Tech Data Corp on August 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $96.29. Since that recommendation, shares of Tech Data Corp have risen 6.1%. We continue to monitor Tech Data Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio anixter intl inc arrow electronic scansource inc tech data corp cdw corp/de

Ticker(s): AXE ARW SCSC TECD CDW