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Awakened from his apparent slumber, Rosenthal took a deeper dive into the Corporation’s finances. When he did so, he alleges that he discovered Erber’s systematic waste of Corporation assets, including paying himself an above-market salary and awarding himself lavish perquisites. Rent owed by the Corporation. in rent arrears.
Ratios i) EV/EBITDA (Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization) EV/EBITDA is a valuation ratio used to assess a company’s overall profitability before accounting for financing decisions, taxes, and non-cash expenses.
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