Stressed Valuation of Entertainment Properties [View article]
Koufax, Noted. I was looking at the current point in time, but making that adjustment is certainly valid if you wanted to stress the balance sheet further. The quick math indicates it would leave shareholder equity equivalent to the par value of the preferreds outstanding.
Stressed Valuation of Entertainment Properties [View article]
Noted. I was looking at the current point in time, but making that adjustment is certainly valid if you wanted to stress the balance sheet further. The quick math indicates it would leave shareholder equity equivalent to the par value of the preferreds outstanding.