eBook Problem Waltk-Through Edelman Engines has $20 billion in total assets – of which cash and equivalents total $120 million. Its balance sheet shows $4 billion in current liabilities - of which the notes payable balance totals $0.89 billion. The firm also has $10 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $0.9 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers O to two decimal places. O M/B: EV/EBITDA:
eBook Problem Waltk-Through Edelman Engines has $20 billion in total assets – of which cash and equivalents total $120 million. Its balance sheet shows $4 billion in current liabilities - of which the notes payable balance totals $0.89 billion. The firm also has $10 billion in long-term debt and $6 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $0.9 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers O to two decimal places. O M/B: EV/EBITDA:
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Edelman Engines has $20 billion in total assets – of which cash and equivalents total $120 million. Its balance sheet shows $4 billion in current liabilities – of
O which the notes payable balance totals $0.89 billion. The firm also has $10 billion in long-term debt and $6 billion in common equity. It has 300 million shares of
common stock outstanding, and its stock price is $20 per share. The firm's EBITDA totals $0.9 billion. Assume the firm's debt is priced at par, so the market
value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers
to two decimal places.
O M/B:
EV/EBITDA:
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