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Top 5 Companies in the Health Care Supplies Industry With the Highest Debt to EBITDA Ratio (ALR, MMSI, COO, STAA, QDEL)

By James Quinn

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 13.4. Following is Merit Medical with a a debt to EBITDA ratio of 4.2. Cooper Cos Inc ranks third highest with a a debt to EBITDA ratio of 3.8.

Staar Surgical follows with a a debt to EBITDA ratio of 3.3, and Quidel Corp rounds out the top five with a a debt to EBITDA ratio of 2.8.

SmarTrend recommended that subscribers consider buying shares of Alere Inc on November 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.98. Since that recommendation, shares of Alere Inc have risen 30.8%. We continue to monitor Alere Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest debt to ebitda ratio :alr alere inc merit medical cooper cos inc staar surgical quidel corp

Ticker(s): MMSI COO STAA QDEL