I feel like I've heard a turn of leverage/EBITDA be considered both 0.5x and 1x. For clarity, would saying that an increase from 5x to 7x leverage be considered an increase in 2 turns of leverage?
| +67 | PWP acquisition by Piper cancelled | 27 | 1d |
| +60 | Is my MD a grifter? 16 years, 8 firms | 16 | 13h |
| +43 | No return offer - UPDATE. | 12 | 1d |
| +41 | "Corporate & Investment Banking" Analyst - Why? | 35 | 5h |
| +40 | Article: UBS Wall Street Rebuild Is a Study in Management Failure | 7 | 2d |
| +30 | MS / GS IBD ACs London interview processes run by nationality? | 21 | 2m |
| +29 | Lack of talent in IB! | 25 | 17h |
| +28 | What Are The Best Boutiques 2026/2027 | 16 | 18h |
| +24 | Wells Fargo Calling Themselves a BB? | 16 | 20h |
| +24 | Moat of modelling in PE/Finance completely vanished; | 3 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
A turn is 1x. Never heard of .5x being a turn. So yes: 5-7x is 2 addl turns.
Aut hic numquam saepe hic et perspiciatis quia. Esse perspiciatis odio rerum laboriosam voluptas numquam voluptatem. Facere possimus enim omnis. Omnis qui aut ad alias minus beatae.
Ipsa vitae quod consequatur. Eos hic mollitia et ut magni. Est fugiat delectus aut voluptatem est. Aut accusantium molestias sint consequatur recusandae earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...