The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows $26,000...
The market value of the equity of Hudgins, Inc., is $587,000. The balance sheet shows $26,000 in cash and $197,000 in debt, while the income statement has EBIT of $98,000 and a total of $142,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?
Homework Answers
Enterprise value = Market capitalization + Debt − Cash
Enterprise value = $587,000 + 197,000 − $26,000
Enterprise value = $758,000
EBITDA = EBIT + Depreciation & Amortization
EBITDA = $98,000 + $142,000
EBITDA = $240,000
Enterprise value-EBITDA multiple = $758,000 / $240,000
Enterprise value-EBITDA multiple = 3.16 times
Add Answer to:
The market value of the equity of Hudgins, Inc., is $587,000.
The balance sheet shows $26,000...
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000...
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Enterprise Value The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet...
Enterprise Value
The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet shows $27,000 In cash and $198,000 in debt, while the Income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Consider the following balance sheet and income statement for Mmm Good Foods Inc. (the company that...
Consider the following balance sheet and income statement for
Mmm Good Foods Inc. (the company that operates Tasty Fried Chicken
and Pizza Party), in condensed form, including some information
from the cash flow statement: (amounts are in millions)
Required:
Determine the valuation of the company at the end of 2016 using
each of the following three methods. Assume earnings and cash flows
for the coming 10 years are equal to the earnings and cash flows in
2016; the appropriate free...
Problem 1: Below are financial statements of FIN300.01 Inc: Balance Sheet: 12/31/17 Assets Cash and Marketable...
Problem 1: Below are financial statements of FIN300.01 Inc: Balance Sheet: 12/31/17 Assets Cash and Marketable Securitics Accounts Reccivable Inventorics Total Current Asscts Net plant and equipment TOTAL ASSETS 2017 10 375 61.5 1,000 2016 80 31. 41.5 810 Liabilities and Equity Accounts Payable Notes Payable Accruals Total Current Liabilities Long Term Bonds TOTAL DEBT Preferred Stock Common Stock Retained carnings TOTAL COMMON EQUITY TOTAL LIABILITIES AND EQUITY 2017 140 110 310 2016 40 G0 130 230 1,064 40 130...
2015 The balance sheet and income statement shown below are for Pettijohn Inc. Note that the...
2015 The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none ofits debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet Millions of S) Assets Cash and securities $ 1.554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17.346.0 Total assets $42.000.0 Liabilities and Equity Accounts payable $...
Please create a balance sheet based on the following income and cash flow statements: for 2016...
Please create a balance sheet based on the following income and cash flow statements: for 2016 Income Statement 2016 Sales 655,150 Expenses excluding depreciation and amortization 386,878 EBITDA 268,272 Depreciation and amortization 7,388 EBIT 260,884 Interest expense 8,574 EBT 252,310 Taxes (20%) 20% 50,462 Net income 201,848 Common dividends 12,554 Addition to retained earnings 189,294 Cash flow Statement 2016 Operating Activities 203,409 Net Income 201,848 Depreciation and amortization 7,388 Increase in accounts payable 7,652 Increase in accruals (wages, utilities etc.)...
Harrison, Inc., has the following book value balance sheet: Balance Sheet Assets Liabilities and equity Current...
Harrison, Inc., has the following book value balance sheet: Balance Sheet Assets Liabilities and equity Current assets $ 140,000,000 Total debt $ 250,000,000 Equity Common stock 30,000,000 Capital surplus 77,000,000 Net fixed assets 415,000,000 Accumulated retained earnings 198,000,000 Total shareholders' equity $ 305,000,000 Total assets $ 555,000,000 Total debt and shareholders' equity $ 555,000,000 a. What is the debt–equity ratio based on book values? b. Suppose the market value of the company's debt is...
Income Statement Millions 1500 200 180 125 Sales EBITDA EBIT Balance Sheet Cash and Cash Equivalents...
Income Statement Millions 1500 200 180 125 Sales EBITDA EBIT Balance Sheet Cash and Cash Equivalents Short term interest bearing debt Long term interest bearing debt BV of equity Milions Shares outstanding in Milions 50 Share price 25 250 725 15 Net income Please use the above information to answer the following questions. Note down the multiples later questions. 11 What is the enterprise value? 75 million 1,500 million 1.125 million 1,850 million
The balance sheet and income statement shown below are for Koski Inc. Note that the firm...
The balance sheet and income statement shown below are for Koski
Inc. Note that the firm has no amortization charges, it does not
lease any assets, none of its debt must be retired during the next
5 years, and the notes payable will be rolled over. What
is the firm's inventory turnover ratio?
5.47
5.74
6.03
6.33
6.65
Balance Sheet (Millions of S) Cash and securities Accounts receivable Total current liabilities Retained earnings Total liabilities and equity Operating costs except depreciation...
The balance sheet and income statement shown below are for Koski Inc. Note that the firm...
The balance sheet and income statement shown below are for Koski
Inc. Note that the firm has no amortization charges, it does not
lease any assets, none of its debt must be retired during the next
5 years, and the notes payable will be rolled over. What
is the firm's ROE?
13.21%
13.91%
14.60%
15.33%
16.10%
Balance Sheet (Millions of S) Cash and securities Accounts receivable Total current liabilities Retained earnings Total liabilities and equity Operating costs except depreciation Earnings bef...
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Enterprise Value
The market value of the equlty of Hudgins, Inc., is $588,000. The balance sheet shows $27,000 In cash and $198,000 in debt, while the Income statement has EBIT of $99,000 and a total of $143,000 in depreciation and amortization. What is the enterprise value- EBITDA multiple for this company? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Enterprise value-EBITDA multiple times
Consider the following balance sheet and income statement for
Mmm Good Foods Inc. (the company that operates Tasty Fried Chicken
and Pizza Party), in condensed form, including some information
from the cash flow statement: (amounts are in millions)
Required:
Determine the valuation of the company at the end of 2016 using
each of the following three methods. Assume earnings and cash flows
for the coming 10 years are equal to the earnings and cash flows in
2016; the appropriate free...
Problem 1: Below are financial statements of FIN300.01 Inc: Balance Sheet: 12/31/17 Assets Cash and Marketable Securitics Accounts Reccivable Inventorics Total Current Asscts Net plant and equipment TOTAL ASSETS 2017 10 375 61.5 1,000 2016 80 31. 41.5 810 Liabilities and Equity Accounts Payable Notes Payable Accruals Total Current Liabilities Long Term Bonds TOTAL DEBT Preferred Stock Common Stock Retained carnings TOTAL COMMON EQUITY TOTAL LIABILITIES AND EQUITY 2017 140 110 310 2016 40 G0 130 230 1,064 40 130...
2015 The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none ofits debt must be retired during the next 5 years, and the notes payable will be rolled over. Balance Sheet Millions of S) Assets Cash and securities $ 1.554.0 Accounts receivable 9,660.0 Inventories 13,440.0 Total current assets $24,654.0 Net plant and equipment 17.346.0 Total assets $42.000.0 Liabilities and Equity Accounts payable $...
Income Statement Millions 1500 200 180 125 Sales EBITDA EBIT Balance Sheet Cash and Cash Equivalents Short term interest bearing debt Long term interest bearing debt BV of equity Milions Shares outstanding in Milions 50 Share price 25 250 725 15 Net income Please use the above information to answer the following questions. Note down the multiples later questions. 11 What is the enterprise value? 75 million 1,500 million 1.125 million 1,850 million
The balance sheet and income statement shown below are for Koski
Inc. Note that the firm has no amortization charges, it does not
lease any assets, none of its debt must be retired during the next
5 years, and the notes payable will be rolled over. What
is the firm's inventory turnover ratio?
5.47
5.74
6.03
6.33
6.65
Balance Sheet (Millions of S) Cash and securities Accounts receivable Total current liabilities Retained earnings Total liabilities and equity Operating costs except depreciation...
The balance sheet and income statement shown below are for Koski
Inc. Note that the firm has no amortization charges, it does not
lease any assets, none of its debt must be retired during the next
5 years, and the notes payable will be rolled over. What
is the firm's ROE?
13.21%
13.91%
14.60%
15.33%
16.10%
Balance Sheet (Millions of S) Cash and securities Accounts receivable Total current liabilities Retained earnings Total liabilities and equity Operating costs except depreciation Earnings bef...
Most questions answered within 3 hours.
-
Where is the error in this code sequence?
String s1 = "Hello";
String s2 = "ello";...
asked 11 months ago -
Financial data for Joel de Paris, Inc., for last year
follow:
Joel de Paris, Inc.
Balance...
asked 11 months ago -
Consider this reaction:
Al2(SO4)3 (aq)+ BaCl3
(aq) Al2Cl6 (aq)- +
3BaSO4(s) . What is the...
asked 11 months ago -
Suppose that Savneet is considering increasing her
recent random sample from 20 car rentals to 40...
asked 11 months ago -
Trucks arrive at an unloading terminal at an average rate of 120
per hour.
Trucks arrive...
asked 11 months ago -
Why are methanol and ethanol completely soluble in water while
octanol is not very little soluble....
asked 11 months ago -
A facilities manager at a university reads in a research report
that the mean amount of...
asked 11 months ago -
When the CuSO4 is rehydrated by adding water to the anhydrous
compound, is this an endothermic...
asked 11 months ago -
A ray of sunlight is passing from diamond into crown glass; the
angle of incidence is...
asked 11 months ago -
A block of mass 0.249 kg is placed on top of a light, vertical
spring of...
asked 11 months ago -
how do the kidneys compensate in the presences of acidosis
a) trigger hyperventilate
b) reserve acid...
asked 11 months ago -
Question 501 pts
The rental rate of capital to the firm increases. Which of the
following...
asked 11 months ago