NYSE:WHRConsumer Durables
How Will Whirlpool’s (WHR) Rising Debt Burden Influence Its Investment Thesis?
In recent weeks, Whirlpool reported weak sales volumes, a declining return on invested capital, and a substantial debt load of US$8.32 billion, resulting in a net-debt-to-EBITDA ratio of 9x and concerns about overleveraging.
Despite recent analyst caution about Whirlpool's fundamentals, the company temporarily outperformed its sector, setting up heightened anticipation ahead of its next earnings report in late October.
We will now look at how concerns about Whirlpool’s high debt load might...