The book value of SA Ornirat’s equity is 106,000 euros, with a ACB of 3. The company’s cash position is 84,000 euros and its financial and banking debt is 410,000 euros. What is its market value leverage based on net financial debt?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
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The book value of SA Ornirat’s equity is 106,000 euros, with a ACB of 3. The company’s cash position is 84,000 euros and its financial and banking debt is 410,000 euros.

What is its market value leverage based on net financial debt?

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