Business
Business, 22.03.2021 18:50, mikeymanfs

Edelman Engines has $15 billion in total assets of which cash and equivalents total $90 million. Its balance sheet shows $2.25 billion in current liabilities of which the notes payable balance totals $1.18 billion. The firm also has $6.75 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 $21 per share. The firm's EBITDA totals $0.756 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

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Edelman Engines has $15 billion in total assets of which cash and equivalents total $90 million. Its...

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