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Edelman Engines has $15 billion in total assets of which cash and equivalents total...

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Finance

Edelman Engines has $15 billion in total assets of which cash and equivalents total $100 million. Its balance sheet shows $3 billion in current liabilities of which the notes payable balance totals $1.16 billion. The firm also has $10.5 billion in long-term debt and $1.5 billion in common equity. It has 500 million shares of common stock outstanding, and its stock price is $46 per share. The firm's EBITDA totals $3.45 billion. Assume the firm's debt is priced at par, so the market value of its debt equals its book value. What are Edelman's market/book and its EV/EBITDA ratios? Do not round intermediate calculations. Round your answers to two decimal places.

M/B:

EV/EBITDA:

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