hard · Private Equity
A company has EBITDA of $100M, Interest Expense of $40M, and Capex of $20M.
If the statutory tax rate is 25%, what is the Fixed Charge Coverage Ratio (FCCR) if we assume $10M in scheduled principal amortization and zero dividends?
- 1.30x
- 1.67x
- 1.40x
- 2.50x
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