GMS Investor Conference Presentation Deck
Leverage Summary
($ mm)
Cash and cash equivalents
Revolving Credit Facilities
First Lien Term Loan (1) (2)
Senior lotes (3)
Capital Lease Obligations
Installment Notes & Other (4)
Total Debt
Total Net Debt
PF Adj. EBITDA (5)
Total Debt / PF Adj. EBITDA
Net Debt / PF Adj. EBITDA
GMS
GYPSUM MANAGEMENT & SUPPLY, INC.
(1)
(2)
(3)
(4)
(5)
7/31/22 10/31/22 1/31/23
LTM
LTM
LTM
$107
$265
500
345
125
5
$1,240
$1,133
$625
2.0x
1.8x
$124
$240
499
345
126
3
$187
$240
498
346
132
8
$1,214 $1,223
$1,090 $1,037
$662
$668
1.8x
1.6x
1.8x
1.6x
4/30/23
LTM
$164
$110
497
346
137
8
$1,099
$935
$684
1.6x
1.4x
7/31/23
LTM
$81
$113
493
346
136
13
$1,102
$1,021
$678
1.6x
1.5x
Net of unamortized discount of $0.4mm, $0.4mm, $0.3mm, $0.3mm and $2.5mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively.
Net of deferred financing costs of $2.9mm, $2.6mm, $2.4mm, $2.1mm and $4.1mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively.
Net of deferred financing costs of $4.7mm, $4.5mm, $4.3mm, $4.1mm and $3.9mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively.
Net of unamortized discount of $0.3mm, $0.2mm, $0.2mm, $0.1mm and $0.1mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively.
For a reconciliation Pro Forma Adjusted EBITDA to net income, the most directly comparable GAAP metric, see Appendix.
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