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 ?
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