hard · Private Equity & LBOs
A lender is testing a 'Fixed Charge Coverage Ratio' (FCCR). The company has 50M EBITDA,10M Capex, 5M Cash Taxes,10M Interest, and $5M mandatory principal repayments.
What is the FCCR?
- 1.00x
- 2.33x
- 3.33x
- 1.75x
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