medium · Private Credit underwriting-credit-analysis
A borrower generates $34.4 million in EBITDA and has $200 million in total debt. The company has $15 million in cash, $9.8 million in interest expense, $6 million in capex, and $4 million in taxes.
What is the Fixed Charge Coverage Ratio (FCCR)?
- 2.49x
- 1.25x
- 1.77x
- 3.51x
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