EBITDA Comparisons

Observations

The Debt/EBITDA ratio reveals that Company Alpha is the most indebted among the sample.

EBITDA/Revenue margin evidences that Company Alpha is the most efficient in generating EBITDA.

Company Alpha generates significantly more EBITDA per share.

Company Gamma appears to be the best priced although a purchaser oriented primarily by cash flow might reach a different conclusion.

STEPHEN G. MOYER, DISTRESSED DEBT ANALYSIS: STRATEGIES FOR SPECULATIVE INVESTORS, 101-102 (J. Ross Publ'g. 2005)(providing a pragmatic description of pre-petition and post-petition investment opportunities and challenges).

See Restructuring, Special Situations, and Investment Banking.

See also Commercial Finance.