Benzinga

OCTOBER 13, 2022

Discretionary cash flow will initially be directed at strengthening the Company's financial position, with Enerflex targeting its bank-adjusted net debt to EBITDA ratio to be below 2.5 CAPITAL STRUCTURE. times within 12 to 18 months.

Capital Structure 40

Capital Structure Net Debt EBITDA Banking 40

Benzinga

AUGUST 28, 2024

For illustrative purposes only, based on the Company's current capitalization structure, the exchange ratio would be 1.0477 Pubco Shares received for each Company Share held. The exchange ratio will be adjusted in the event that the Company completes any new equity financings prior to the Closing.

Enterprise Value 40

Enterprise Value Equity Financing Equity Net Debt 40

Valutico

SEPTEMBER 22, 2023

iii) EV/Sales (Enterprise Value to Sales) EV/Sales is a valuation ratio that relates a company’s enterprise value (market value of equity plus net debt) to its total revenue. It considers the value of various claims on the company’s assets and cash flows, including debt, equity, and derivatives.

Discounted Cash Flow 52

Discounted Cash Flow Intangible Assets Book Value Asset-based Approach 52

Musings on Markets

FEBRUARY 27, 2023

While there is nothing inherently that makes one measure superior to the other, it is important to remember that gross debt can never be less than zero, but net debt can, for firms that have cash balances that exceed their debt.

Equity 52

Equity EBITDA Start-ups Net Debt 52