Question
A corporation has the following data: Recent share price..............$31.25 Share outstanding.......$30 million Market value of debt.......$115 million Cash and Equivalent....$47.6 million Other financial investment..$247 million
A corporation has the following data:
Recent share price………..............……$31.25
Share outstanding………….......…$30 million
Market value of debt……….......$115 million
Cash and Equivalent…………....$47.6 million
Other financial investment…..$247 million
Net income…………………........$119.4 million
Interest expense…………….........$5.8 million
Depreciation………………….........$6.9 million
Amortization………………............$2.3 million
Taxes……………………….............$85.9 million
Requirement:
What is the corporation’s EV/EBITDA?
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Practical financial management
Authors: William r. Lasher
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0324422636, 978-0324422634
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