24 AUGUST 2011china aluminium network
Alcoa is Among the Companies in the Aluminum Industry With the Highest Debt To EBITDA Ratio (AA, KALU, NOR)
Edited by : AL CIRCLE
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Below are the three companies in the Aluminum industry with the highest Debt to EBITDA ratio. 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.
Alcoa (NYSE:AA), Kaiser Aluminum (NASDAQ:KALU), and Noranda Aluminum (NYSE:NOR) are the three companies in the Aluminum industry with the highest debt to EBITDA ratio. For these companies, their Debt to EBITDA ratio suggests that debt service could be an issue should EBITDA fall.
Alcoa (NYSE:AA), Kaiser Aluminum (NASDAQ:KALU), and Noranda Aluminum (NYSE:NOR) are the three companies in the Aluminum industry with the highest debt to EBITDA ratio. For these companies, their Debt to EBITDA ratio suggests that debt service could be an issue should EBITDA fall.
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