TMCnet News
American Water Works is Among the Companies in the Water Utilities Industry With the Highest Debt to EBITDA Ratio (AWK, CTWS, MSEX, WTR, SJW)Feb 03, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Water 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.American Water Works ranks highest with a a debt to EBITDA ratio of 5.1. Following is Connecticut Water Service with a a debt to EBITDA ratio of 4.6. Middlesex Water ranks third highest with a a debt to EBITDA ratio of 4.5. Aqua America follows with a a debt to EBITDA ratio of 4.0, and SJW rounds out the top five with a a debt to EBITDA ratio of 3.9. SmarTrend recommended that subscribers consider buying shares of American Water Works on August 15th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $28.76. Since that recommendation, shares of American Water Works have risen 17.1%. We continue to monitor American Water Works for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |
