Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company had total revenues of $51 million, operating margin of 22.1%, and depreciation and amortization expense of $15 million over the trailing twelve months.

image text in transcribed A company had total revenues of $51 million, operating margin of 22.1%, and depreciation and amortization expense of $15 million over the trailing twelve months. The company currently has $290 million in total debt and $129 million in cash and cash equivalents. The company's shares are currently trading at $31.1 per share and there are 18 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place. Hint: Equity value = Market capitalization = price x number of shares outstanding A company had total revenues of $51 million, operating margin of 22.1%, and depreciation and amortization expense of $15 million over the trailing twelve months. The company currently has $290 million in total debt and $129 million in cash and cash equivalents. The company's shares are currently trading at $31.1 per share and there are 18 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place. Hint: Equity value = Market capitalization = price x number of shares outstanding

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Understanding financial statements

Authors: Lyn M. Fraser, Aileen Ormiston

9th Edition

136086241, 978-0136086246

More Books

Students also viewed these Finance questions

Question

Differentiate between a job description and a job specification.

Answered: 1 week ago