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Relatively High Debt to EBITDA Ratio Detected in Shares of PC Mall in the Technology Distributors Industry (MALL, AXE, AVT, ARW, IM)May 03, 2013 (SmarTrend(R) News Watch via COMTEX) -- 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.PC Mall ranks highest with a a debt to EBITDA ratio of 3.7. Anixter International is next with a a debt to EBITDA ratio of 2.6. Avnet ranks third highest with a a debt to EBITDA ratio of 2.1. Arrow Electronics follows with a a debt to EBITDA ratio of 2.1, and Ingram Micro rounds out the top five with a a debt to EBITDA ratio of 1.4. SmarTrend recommended that its subscribers protect gains by selling shares of Arrow Electronics on March 4th, 2013 by issuing a Downtrend alert when the shares were trading at $38.98. Since that call, shares of Arrow Electronics have fallen 6.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 |