stock valuation of bbi , page-7

Once again, people seem to have no grasp of even basic fundamental ratios here.

EBITDA/Total Proportional Interest is 1.83. Target is >2.

Corporate Debt INTEREST COVER Ratio is 7.4 times interest. Lock up level is 2.0 so they are so far out of the danger zone, it's not funny.

As Corporate debt is the type of debt that can lead to administration/insolvency, it is important to look at the interest coverage of corporate debt.

For the 100th time, the asset level debt is NON-RECOURSE.