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Re: yesmistermorningstar post# 22484

Friday, 04/24/2015 12:32:08 PM

Friday, April 24, 2015 12:32:08 PM

Post# of 24405
Pierson’s focus now is almost solely on operations and boosting EBITDA. He cites three metrics he’s paying a lot of attention to: the ratio of funded debt (also known as long-term debt) to EBITDA (which he says is the only significant covenant in the new credit agreement); EBITDA margin (see chart below); and the interest coverage ratio, or EBIT divided by interest expense.

http://quicktake.morningstar.com/stocknet/bonds.aspx?symbol=yrcw

http://ww2.cfo.com/credit/2015/02/anatomy-turnaround-yrc-worldwide/