medium · Corporate Credit Analysis
A retail chain has EBITDA of $100 million, maintenancecapexof $10 million, and cash taxes of $15 million. It pays $20 million in cash interest, $5 million in mandatory principal repayments, and $30 million in store rent.
What is the FCCR?
- 3.00x
- 2.14x
- 1.64x
- 1.36x
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