Leverage holding itw

Company H is a holding company which owns 30% of Co.A and 70% of Co.B

  • Concerning Co.A:
    • Leverage = 5xEBITDA
    • EV = 10xEBITDA
    • EBITDA A = EBITDA B
  • Concerning Co.B:
    • Leverage = 3xEBITDA
    • EV = 6xEBITDA 

What is the Leverage of Co.H? 

Is it simply a question of consolidation? like since 70%, full consolidation, leverage of 3 and 30%: equity method: no impact ?

1 Comments
 

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