How do you interpret a debt recovery analysis/ distressed or on- going concern valuation ?

Secured Subordinate debt 3,955 393 notes EVI LTM EBITDA EVI LTM EBITDA FO9 EBITDA 6.0 x 7.0 x 7.5 x 8.0 x 85 x F09 EBITDA 60 x 7.0 x 7.5 x Worst case 599 91% 100% 100% 100% 100% 0% 0% 0% 0% 0% 599 95% 100% 100% 100% 100% 0% 0% 0% 0% 36% 624 624 Base case 649 98% 100% 100% 100% 100% 0% 0% 0% 8% 91% 649 100% 100% 100% 100% 100% 0% 0% 0% 74% 100% 681 681 100% 100% 100% 100% 100% 0% 0% 52% 100% 100% 715 715 Senior Senior PIK notes 1,204 430 notes EVI LTM EBITDA EVI LTM EBITDA F09 EBITDA 6.0 x 7.0 x 5 x 8.0 x 8.5 x F09 EBITDA 6.0 x 7.0 x 7.5 x 8.0 x 85 x Worst case 599 0% 19% 44% 69% 94% 0% 0% 0% 0% 0% 599 0% 34% 60% 86% 100% 0% 0% 0% 0% 0% 624 624 Base case 649 0% 49% 76% 100% 100% 0% 0% 0% 0% 0%. 649 11% 68% 96% 100% 100% 681 0% 0% 0% 0% 56% 681 28% 87% 100% 100% 100% 0% 0% 0% 40% 100% 715 715