Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company had total revenues of $65 million, operating margin of 23.6%, and depreciation and amortization expense of $21 million over the trailing twelve months.

A company had total revenues of $65 million, operating margin of 23.6%, and depreciation and amortization expense of $21 million over the trailing twelve months. The company currently has $252 million in total debt and $72 million in cash and cash equivalents. The company's shares are currently trading at $31.8 per share and there are 12 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

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

Practical Finance For Property Investment

Authors: Craig Furfine

1st Edition

036733304X, 978-0367333041

More Books

Students also viewed these Finance questions

Question

Identify the elements that make up the employee reward package.

Answered: 1 week ago

Question

Understand the purpose, value and drawbacks of the interview.

Answered: 1 week ago