Investor Presentaiton
TTM CREDIT AGREEMENT EBITDA
TTM
($ in millions)
Sep. 30, 2016
TTM
Sep. 30, 2021
TTM
Dec. 31, 2021
Net loss attributable to common stockholders
$
154.8
838.3
868.6
Interest expense, net
184.0
349.0
343.0
Income tax expense
Depreciation, depletion and amortization
89.8
243.4
251.7
1,089.3
1,460.0
1,462.0
Additional permitted charges and acquisition EBITDA (1)
804.1
2,322.0 $
276.8
221.4
3,167.5
$
3,146.7
TTM CREDIT
AGREEMENT
EBITDA
Credit Agreement EBITDA
TOTAL DEBT, FUNDED DEBT AND LEVERAGE RATIO
($ in millions, except ratios)
Current portion of debt
Long-term debt due after one year
Total debt
Less: FV step up and deferred financing fees
Less: short-term and long-term chip mill obligation
Less: other adjustments to funded debt
Total Funded Debt
LTM credit agreement EBITDA
Leverage Ratio
Total funded debt
Less: cash and cash equivalents
Adjusted Total Funded Debt
Net Leverage Ratio
Sep. 30, 2016
Sep. 30, 2021
Dec. 31, 2021
$
292.9
168.8
236.8
5,496.3
8,025.3
7,996.4
5,789.2
8,194.1
8,233.2
(305.8)
(159.8)
(156.9)
(93.1)
(92.0)
(75.7)
(123.7)
(130.4)
$
5,407.7
7,817.5 $
7,853.9
$
2,322.0
$
3,167.5 $
3,146.7
2.33x
2.47x
2.50x
$
5,407.7
$
7,817.5
(340.9)
(290.9)
$
5,066.8
7,526.6
2.18x
2.38x
E
7,853.9
(291.3)
7,562.6
2.40x
34
1) Additional Permitted Charges primarily include restructuring and other costs, and certain non-cash and other items as allowed under the credit agreement
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