Comments on: Middleby Selling Ovens in a Cool Market http://zachstocks.com/2009/06/midd/ Dynamic Investments for Exceptional Traders Tue, 31 Jan 2012 01:21:02 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: investorpoet http://zachstocks.com/2009/06/midd/comment-page-1/#comment-7809 investorpoet Sat, 05 Sep 2009 17:57:41 +0000 http://zachstocks.com/?p=1580#comment-7809 So a debt to equity ratio of 1.93:1 (at the end of the first quarter) is highly leveraged? In addition, Middleby produced operating income of $28.0 million in the first quarter, which covered their interest expense of $3.1 million by 8.93x. Strong operating margins and return on equity should provide good returns over the long-term. I wouldn't want to short this company given their track record. So a debt to equity ratio of 1.93:1 (at the end of the first quarter) is highly leveraged?

In addition, Middleby produced operating income of $28.0 million in the first quarter, which covered their interest expense of $3.1 million by 8.93x. Strong operating margins and return on equity should provide good returns over the long-term. I wouldn’t want to short this company given their track record.

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