Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company had total revenues of $35 million, operating margin of 28.5%, and depreciation and amortization expense of $11 million over the trailing twelve months.
A company had total revenues of $35 million, operating margin of 28.5%, and depreciation and amortization expense of $11 million over the trailing twelve months. The company currently has $231 million in total debt and $97 million in cash and cash equivalents. The company's shares are currently trading at $31.8 per share and there are 14 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started