They are on the razor's edge of violating their revolver covenant, FYI:
In addition, the Revolving Credit Facility contains financial covenants, applicable at any time excess availability is less than the greater of $35.0 million and 10% of the aggregate commitments of all lenders, which require us to maintain (i) a consolidated total leverage ratio of not more than 4.50 to 1.00 from May 1, 2011 to June 9, 2014, 5.95 to 1.00 for each fiscal quarter ended during the period from June 9, 2014 through and including June 30, 2014, stepping down to 5.75 to 1.00 for each fiscal quarter ended during the period from July 1, 2014 through and including December 31, 2014, stepping down to 5.50 to 1.00 for each fiscal quarter ended during the period from January 1, 2015 through and including June 30, 2015, stepping down to 5.25 to 1.00 for each fiscal quarter ended during the period from July 1, 2015 through and including September 30, 2015, stepping down to 5.00 to 1.00 for each fiscal quarter ended during the period from October 1, 2015 through and including December 31, 2015, stepping down to 4.75 to 1.00 for each fiscal quarter ended during the period from January 1, 2016 through and including June 30, 2016, stepping down to 4.50 to 1.00 for each fiscal quarter ended during the period from September 30, 2016 and thereafter, and (ii) a fixed charge coverage ratio of not less than 1.00 to 1.00, in each case, until such time as excess availability exceeds the threshold described above for a period of at least 30 consecutive days. As of June 30, 2014, we were in compliance with the financial covenants in the Revolving Credit Facility. For additional information regarding the Revolving Credit Facility, see "Description of Certain Indebtedness—The Revolving Credit Facility."
Adjusted EBITDA, 12 months ended June 30, 2014: 176,052
Total indebtedness, 12 months ended June 30, 2014: 889,195
889,195 / 176,052 = 1 : 5.05
So if their 12-month rolling EBITDA drops even a little (~$15 million) they will be in violation next quarter.
This doesn't seem very unlikely, since they have at least a 13% exposure to the oil and gas rental sector, and all of those projects are in the process of getting killed right now.
Also, they have negative shareholder equity, which I imagine doesn't make the lenders particularly keen on being lenient about violations of the covenant.
In any case it's not the kind of company I'd want to own (market seems to agree).
Do what you feel, though, don't let the reddit morons get in your way.