Jonahs Fishery has EBITDA of 71 million Jonahs has market va

Jonah’s Fishery has EBITDA of $71 million. Jonah’s has market value of equity and debt of $463 million and $48 million, respectively. Jonah’s has cash on the balance sheet of $20 million. What is Jonah’s EV ratio?

Solution

Enterprise value = 463 + 48 - 20 = 491 million

EV ratio of the company = 491/71 = 6.9155