Series 79 Formulas

Series 79 Formulas
Current Yield Correct Answer-Annual Interest / Market Price


Conversion Ratio Correct Answer-Par Value / Conversion Price


Parity Price of a Bond Correct Answer-MV (Stock) x Conversion Ratio


Parity Price of a Stock Correct Answer-MV (Bond) / Conversion Ratio


Equity Value Correct Answer-Total Shares Outstanding x Stock Price
= Enterprise Value - Debt + Cash


Enterprise Value Correct Answer-Equity Value + Debt + Preferred
Stock + Noncontrolling Interest - Cash
= Equity Value + Debt - Cash


Net Debt Correct Answer-Total Debt - Cash


Gross Profit Margin Correct Answer-Gross Profit / Sales


EBITDA Margin Correct Answer-EBITDA / Sales


Operating Margin Correct Answer-EBIT / Sales

, Net Profit Margin Correct Answer-Net Income / Sales


Balance Sheet Formula Correct Answer-Assets = Liabilities +
Shareholders Equity


Total Debt Correct Answer-Loans + Bonds + Notes + Debentures +
Capital Leases + Short Term Debt + Current Maturities of Long-term
Debt


Last Twelve Months (LTM) Correct Answer-YTD Results + Previous
Years Results - Prior YTD (i.e. Stub)


Basic Earnings Per Share (EPS) Correct Answer-Net Income / Reported
Shares Outstanding


Diluted EPS Correct Answer-Net Income / Diluted Shares Outstanding


Price-to-Earnings (P/E) Correct Answer-Stock Price / Earnings Per
Share
= Equity Value / Net Income


Price-to-Earnings Growth (PEG Ratio) Correct Answer-(P/E) / Annual
Growth Rate