Summary: Omnitracs LLC - S&P Global Ratings’ Credit Research

Summary: Omnitracs LLC

Summary: Omnitracs LLC - S&P Global Ratings’ Credit Research
Summary: Omnitracs LLC
Published Sep 28, 2016
8 pages (2322 words) — Published Sep 28, 2016
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

A narrow product base and end-market focus that expose Omnitracs to transportation industry volatility; Fragmented and competitive conditions in the fleet management systems (FMS) industry; Solid competitive positioning compared to other FMS providers and high customer renewal rates; and Increased revenue visibility from ongoing transition to recurring subscription revenue model. Relatively high leverage with debt to EBITDA expected to be no higher than the mid- to high-6x area over the next 12 months; Improving profitability with EBITDA margin expected to reach the high-20% area by fiscal 2016 year-end; and Modest free operating cash flow generation. The stable outlook on Dallas-based FMS provider Omnitracs LLC reflects our expectation that Omnitracs will be able to grow EBITDA in fiscal 2017 as revenues

  
Brief Excerpt:

...A narrow product base and end-market focus that expose Omnitracs to transportation industry volatility;...

  
Report Type:

Summary

Issuer
Omnitracs, LLC
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Omnitracs LLC" Sep 28, 2016. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omnitracs-LLC-1726487>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Omnitracs LLC Sep 28, 2016. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Omnitracs-LLC-1726487>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.