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Highest Debt to EBITDA Ratio in the Airlines Industry Detected in Shares of Pinnacle Airlines (PNCL, RJET, JBLU, LCC, LFL)Oct 03, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Airlines 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.Pinnacle Airlines ranks highest with a a debt to EBITDA ratio of 8.9. Following is Republic Airways Holdings with a a debt to EBITDA ratio of 7.6. JetBlue Airways ranks third highest with a a debt to EBITDA ratio of 4.3. US Airways Group follows with a a debt to EBITDA ratio of 4.3, and Lan Airlines rounds out the top five with a a debt to EBITDA ratio of 4.0. SmarTrend recommended that its subscribers protect gains by selling shares of Pinnacle Airlines on April 2nd, 2012 by issuing a Downtrend alert when the shares were trading at $0.62. Since that call, shares of Pinnacle Airlines have fallen 51.6%. 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 |