11 / 16
10
Q1 2016
Healthcare Services Index
3x LTM EBITDA
$1,687.5
$80.9
$2,118.6
$363.6
$4,974.0
Less LT Debt
3,161.7
112.2
3,171.5
99.7
3,450.0
Plus Cash
98.8
14.7
61.6
41.6
61.2
Dry Powder
-$1,375.4
-$16.6
-$991.3
$305.5
$1,585.2
Medical Laboratory Services
3x LTM EBITDA
$346.6
$4,976.7
$4,455.0
$8.2
$306.9
Less LT Debt
552.3
6,417.0
3,657.0
5.9
646.3
Plus Cash
44.8
716.4
133.0
2.7
36.1
Dry Powder
-$160.8
-$723.9
$931.0
$5.0
-$303.3
Company Liquidity Estimates by Subsector
($ millions)
Source: Public Filings; Industry Newswires and Capital IQ as of 3/8/16