9
August 2014
Defense Electronics Index
3x LTM EBITDA
$17,298.0
$24,840.0
$10,212.0
$4,494.0
$1,132.9
Less LT Debt
6,169.0
8,883.0
4,736.0
3,643.0
1,009.1
Plus Cash
3,436.0
7,533.0
3,261.0
227.0
128.0
Dry Powder
$14,565.0
$23,490.0
$8,737.0
$1,078.0
$251.8
Company Liquidity Estimates by Subsector
EDS and Contract Manufacturers Index
3x LTM EBITDA
$3,302.8
$2,779.1
$637.2
$36.5
$879.0
Less LT Debt
2,129.2
1,742.4
0.0
137.8
701.8
Plus Cash
1,347.7
1,322.3
519.1
2,124.1
552.0
Dry Powder
$2,521.2
$2,359.0
$1,156.3
$2,022.8
$729.3
($ millions)
Source: Public Filings; Industry Newswires and Capital IQ as of 7/29/14
