Can I do a Leveraged Recap Exit with Debt/EBITDA and EBIT/Interest?
I am new to and currently taking a Finance Modeling class. My class asks us to do a Leveraged Recap Exit on our chosen company, and it provides the ratio limitations only with Debt/EBITDA and EBIT/Interest. I am not sure how to do the leveraged recap exit with those two ratios. In other words, what variables do I need to calculate in an Exit Proceeds section (A section that calculates some variables under different Exit Multiple Scenarios)? Thanks!