A company has EBITDA of $600 million, interest payments of $60 million, lease payments of $40 million,
Question:
A company has EBITDA of $600 million, interest payments of
$60 million, lease payments of $40 million, and required principal payments (due this year) of $30 million. What is its EBITDA coverage ratio?
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Step by Step Answer:
The EBITDA coverage ratio is calculated by dividing the EBITDA by the total ...View the full answer
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Related Book For 
Intermediate Financial Management
ISBN: 9781337395083
13th Edition
Authors: Eugene F. Brigham, Phillip R. Daves
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