EBITDA and Multiples: The Perception of Risk

  In the world of mergers and acquisitions, it’s common to hear business owners and their advisors reference a transaction price or investment based on a multiple of EBITDA (earnings before interest, taxes, depreciation and amortization). While multiples of...

Corporate Debt at Risk in Current Economy

  America has a debt problem, but it isn’t what you think. Yes, the federal debt is growing and many Americans are still struggling to pay off mortgage and student loans. But the larger problem is only discussed in financial circles. Like consumers, the...