Worldwide Widgets Inc. (WWI) has 2020 EBITDA of $117.5M. Worldwide Widgets Inc. has an outstanding revolving...
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Worldwide Widgets Inc. (WWI) has 2020 EBITDA of $117.5M. Worldwide Widgets Inc. has an outstanding revolving line at a 2% interest rate with a maximum capacity of $10M with no outstanding borrowings, a Term Loan B with a 5% interest rate that amortizes at 1% annually with a face value of $100M, 7-Year 10% Senior Notes of $200M that have 3 years left until maturity, and $100M of 15% unsecured debt. The Company also has $200M of cash on the balance sheet with 2020 Capital Expenditures of $40M. Calculate WWI's 2020 EBITDA less Capex Ratio. Worldwide Widgets Inc. (WWI) has 2020 EBITDA of $117.5M. Worldwide Widgets Inc. has an outstanding revolving line at a 2% interest rate with a maximum capacity of $10M with no outstanding borrowings, a Term Loan B with a 5% interest rate that amortizes at 1% annually with a face value of $100M, 7-Year 10% Senior Notes of $200M that have 3 years left until maturity, and $100M of 15% unsecured debt. The Company also has $200M of cash on the balance sheet with 2020 Capital Expenditures of $40M. Calculate WWI's 2020 EBITDA less Capex Ratio.
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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