Question: BIT interest coverage 2.7 12.8 16.7 EBITDA interest coverage 3.7 18.7 24.6 FFO/Total debt (%) 19.8 80.2 135.1 Free operating cash flow/Total debt (% )

BIT interest coverage

2.7

12.8

16.7

EBITDA interest coverage

3.7

18.7

24.6

FFO/Total debt (%)

19.8

80.2

135.1

Free operating cash flow/Total debt (%)

8.2

40.6

87.9

Total debt/EBITDA

4.0

1.0

0.3

Return on capital (%)

9.9

29.2

32.7

Total debt/Capital (%)

54.8

30.2

8.1

1.What credit rating would be assigned to Firm 1?

2.What credit rating would be assigned to Firm 2?

Does Firm 3 have more or less credit risk than Firm

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