medium · Corporate Credit Analysis
A logistics company generates EBITDA of $350 million. It pays $90 million for truck leases (rent), $40 million incapex, and $60 million in cash taxes. Its interest expense is $50 million, and mandatory debt amortization is $20 million. Calculate the FCCR.
- 1.94x
- 3.57x
- 2.13x
- 1.56x
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