In: Finance
Edelman Engines has $18 billion in total assets — of which cash and equivalents total $120 million. Its balance sheet shows $3.6 billion in current liabilities — of which the notes payable balance totals $1.04 billion. The firm also has $9.9 billion in long-term debt and $4.5 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $26 per share. The firm's EBITDA totals $1.248 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.
m/b
ev/ebitda