The market value of the equity of Nina, Incorporated, is $588,000. The balance sheet shows $27,000 in cash and $198,000 in debt, while the income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
The market value of the equity of Nina, Incorporated, is $588,000. The balance sheet shows $27,000 in cash and $198,000 in debt, while the income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
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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Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
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The market value of the equity of Nina, Incorporated, is $588,000. The balance sheet
shows $27,000 in cash and $198,000 in debt, while the income statement has EBIT of
$99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise
value-EBITDA multiple for this company? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
Enterprise value-EBITDA multiple
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