medium · Corporate Credit Analysis
RetailCo has $1,000M in reported balance sheet debt and $400M in on-balance-sheet receivables. It also utilizes a $200M off-balance-sheet receivables securitization facility that is currently fully drawn.
What is the adjusted Debt / Receivables ratio for this firm?
- 3.00x
- 1.67x
- 2.50x
- 2.00x
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