Small Caps – Net Debt to EBITDA Ratio
Small Caps – Net Debt to EBITDA Ratio Is debt the main issue for small caps? Image: Morgan Stanley Wealth Management
Leverage – Net Debt to EBITDA of Small Caps vs. Large Caps
Leverage – Net Debt to EBITDA of Small Caps vs. Large Caps Excess leverage is more pronounced among U.S. small caps. Image: BofA US Equity & Quant Strategy
Valuation – S&P 500 EV/EBITDA
Valuation – S&P 500 EV/EBITDA The EV/EBITDA of the S&P 500 suggests that stocks are as expensive as they were during the Internet bubble. Image: Tomasz Hońdo
Russell 2000 Trailing EV/EBITDA Multiples vs. Private Equity EBITDA Multiples
Russell 2000 Trailing EV/EBITDA Multiples vs. Private Equity EBITDA Multiples This chart shows that private equity multiples are currently higher than public equity multiples. Image: Strategas
U.S. Corporate Leverage
U.S. Corporate Leverage U.S. corporate leverage is high and close to its previous peak on a net debt to EBITDA. Image: Goldman Sachs Global Investment Research
Corporate Leverage in the U.S.
Corporate Leverage in the U.S. U.S. corporate debt is high. This chart shows that U.S. corporate leverage is close to its previous peak on a net debt to EBITDA. You may also like “U.S. Leveraged Loan Index Rating Breakdown: 2008 vs. 2019.” Image: Credit Suisse Research