7adjusted Ebitda1 and Ratio Analysis Sample Clauses


7ADJUSTED EBITDA1 AND RATIO ANALYSIS dollars in thousands)ADJUSTED EBITDA Net loss $(1,631) $(1,872) $(10,589) $(3,539) $(17,014)Acquisition and transaction related expense 4,260 4,087 14,532 8,663 18,159 Depreciation and amortization 29,045 28,345 19,056 14,158 770 Interest expense 8,208 7,723 3,444 457 28 Interest income (8) (158) (3) (45) (62)Income from investment securities (374) (606) (955) (1,164) (1,108)(Gain) Loss on sale of investment securities (314) (109) 166 (125) - Adjusted EBITDA $39,186 $37,410 $25,651 $18,405 $773 ADJUSTED INTEREST COVERAGE RATIO Interest expense $8,208 $7,723 $3,444 $457 $28 Non-cash interest expense 585 609 (270) (273) (18)Total interest 8,793 8,332 3,174 184 10 Adjusted EBITDA 39,186 37,410 25,651 18,405 773 Adjusted interest coverage ratio 4.5 x 4.5 x 8.1 x 100.0 x 77.3 x ADJUSTED FIXED CHARGE COVERAGE RATIO Total interest $8,793 $8,332 $3,174 $184 $10 Secured debt principal amortization 368 311 76 - - Total fixed charges 9,161 8,643 3,250 184 10 Adjusted EBITDA 39,186 37,410 25,651 18,405 773 Adjusted fixed charge coverage ratio 4.3 x 4.3 x 7.9 x 100.0 x 77.3 x NET DEBT TO ADJUSTED EBITDA RATIO Total debt $893,313 $893,681 $769,075 $8,830 $- Less: cash and cash equivalents (55,545) (25,009) (17,847) (101,176) (163,056)Net debt 837,768 868,672 751,228 (92,346) (163,056)Adjusted EBITDA annualized 156,744 149,640 102,604 73,620 3,092 Net debt to Adjusted EBITDA ratio 5.3 x 5.8 x 7.3 x NM NM