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A company had total revenues of $58 million, operating margin of 26.8%, and depreciation and amortization expense of $24 million over the trailing twelve months.
A company had total revenues of $58 million, operating margin of 26.8%, and depreciation and amortization expense of $24 million over the trailing twelve months. The company currently has $253 million in total debt and $79 million in cash and cash equivalents. The company's shares are currently trading at $32.2 per share and there are 9 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
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