·
**Book Value **– Total assets less total liabilities.

·
**Tangible Net Worth **– Book value less intangibles
assets.

·
**EBITDA **– Earnings before interest, taxes,
depreciation and amortization.

·
**Debt to Equity Ratio **– Total liabilities divided by
total stockholders’ equity. Some professionals replace total debt, with
total interest bearing debt.

·
**Debt to EBITDA Ratio** – Debt divided by EBITDA.

·
**Net Debt to EBITDA Ratio **– Debt (net of cash) divided
by EBITDA.

·
**L.T. Debt to Capitalization Ratio** – Long term debt
and leases, divided by total stockholders’ equity plus long-term debt and
leases.

·
**Interest Coverage Ratio **– Income before interest and
income taxes, divided by interest expense.

·
**EBITDA Interest Coverage Ratio **– EBITDA divided by
interest expense.

·
**Fixed-Charge Coverage Ratio – **EBIT plus fixed charges
(i.e. lease payments), divided by interest expense plus fixed charges.