debt-to-total capitalization vs debt-to-EBITA
Hi,
can s/o tell me why debt-to-total capitalization is presented as a percentage while debt-to-EBITA is as a multiple?
Best,
Hanso6
Hi,
can s/o tell me why debt-to-total capitalization is presented as a percentage while debt-to-EBITA is as a multiple?
Best,
Hanso6
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Because debt is always a fraction of capitalization and usually a multiple of EBITDA...
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