[May 03, 2013] Top 5 Companies in the Aerospace & Defense Industry With the Highest Debt to EBITDA Ratio (ASTC, ARTX, AER, KTOS, ATNY) Tweet May 03, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Aerospace & Defense 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.Astrotech ranks highest with a a debt to EBITDA ratio of 107.4. Following is Arotech with a a debt to EBITDA ratio of 8.1. AerCap Holdings ranks third highest with a a debt to EBITDA ratio of 7.2. Kratos Defense & Security Solutions follows with a a debt to EBITDA ratio of 6.4, and API Technologies rounds out the top five with a a debt to EBITDA ratio of 5.8. SmarTrend is monitoring the recent change of momentum in API Technologies. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of API Technologies in search of a potential trend change. 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 [ Back To TMCnet.com's Homepage ]