Current Yield correct answers Annual Interest / Market Price
Conversion Ratio correct answers Par Value / Conversion Price
Parity Price of a Bond correct answers MV (Stock) x Conversion Ratio
Parity Price of a Stock correct answers MV (Bond) / Conversion Ratio
Equity Value correct answers Total Shares Outstanding x Stock Price
= Enterprise Value - Debt + Cash
Enterprise Value correct answers Equity Value + Debt + Preferred Stock + Noncontrolling
Interest - Cash
= Equity Value + Debt - Cash
Net Debt correct answers Total Debt - Cash
Gross Profit Margin correct answers Gross Profit / Sales
EBITDA Margin correct answers EBITDA / Sales
Operating Margin correct answers EBIT / Sales
Net Profit Margin correct answers Net Income / Sales
Balance Sheet Formula correct answers Assets = Liabilities + Shareholders Equity
Total Debt correct answers Loans + Bonds + Notes + Debentures + Capital Leases + Short Term
Debt + Current Maturities of Long-term Debt
Last Twelve Months (LTM) correct answers YTD Results + Previous Years Results - Prior YTD
(i.e. Stub)
Basic Earnings Per Share (EPS) correct answers Net Income / Reported Shares Outstanding
Diluted EPS correct answers Net Income / Diluted Shares Outstanding
Price-to-Earnings (P/E) correct answers Stock Price / Earnings Per Share
= Equity Value / Net Income
Price-to-Earnings Growth (PEG Ratio) correct answers (P/E) / Annual Growth Rate
Price-to-Book Value (P/B) correct answers Equity Value / Book Value of Equity