Venator Business Overview and Cost Savings Initiatives slide image

Venator Business Overview and Cost Savings Initiatives

4 Tightening Liquidity and Unsustainable Balance Sheet 424 7 307 (76) Cash Flow and Liquidity ($m) 471 9 2018 2019 2020 9.5x 4.7x 3.6x 1.3x 357 276 21 24 (35) VENATOR CFADS (1) Liquidity (2) 33 2021 2022 Current (3) Debt and Credit Metrics SSN issuance 3.5x 2.9x 0.8x 5.4x 4.4x 17.6x 2018 $583 2019 $695 2020 $737 2021 $798 2022 $933 Net leverage (net debt/ adj. EBITDA) Net debt ($m) Interest coverage ratio (Adj. EBITDA / cash interest) (1) 11 (2) Cash flow from operations less cash flow from investing and cash interest cost add-back Cash and cash equivalents plus undrawn available capacity under ABL (3) Estimated liquidity as of 12-May-23
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