Question
11. Edelman Engines has $19 billion in total assets of which cash and equivalents total $120 million. Its balance sheet shows $2.85 billion in current
11. Edelman Engines has $19 billion in total assets of which cash and equivalents total $120 million. Its balance sheet shows $2.85 billion in current liabilities of which the notes payable balance totals $0.86 billion. The firm also has $12.35 billion in long-term debt and $3.8 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $50 per share. The firm's EBITDA totals $5.25 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
M/B:
EV/EBITDA:
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