Question
Ziebart Corp.'s EBITDA last year was $470,000 ( = EBIT + depreciation + amortization), its interest charges were $6,500, it had to repay $30,000 of
Ziebart Corp.'s EBITDA last year was $470,000 ( = EBIT + depreciation + amortization), its interest charges were $6,500, it had to repay $30,000 of long-term debt, and it had to make a payment of $15,200 under a long-term lease. The firm had no amortization charges. What was the EBITDA coverage ratio?
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The Dark Side Of Valuation
Authors: Aswath Damodaran
3rd Edition
0134854101, 9780134854106
