Hi all,
I am building a model, and am wondering how to best show how much EBITDA can decline ($ amount or % decline) in order to stay under a specific leverage multiple, say, for example, 4.0x?
How can I best build this into the model? My initial thoughts were to make total leverage a driver, but what do I need to make the other driver in order to sensitive leverage multiple and $ amount?
Thank you in advance.
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