The ratio between debt and EBITDA. Leverage can either be "gross" (gross debt to EBITDA) or "net" (net debt to EBITDA). Often lenders will remove extraordinary items from EBITDA when calculating leverage
Leverage Ratio
in Definitions.
in Definitions.
The ratio between debt and EBITDA. Leverage can either be "gross" (gross debt to EBITDA) or "net" (net debt to EBITDA). Often lenders will remove extraordinary items from EBITDA when calculating leverage