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10
Q3 2015
Healthcare Services Index
3x LTM EBITDA
$1,028.4
$44.6
$1,801.2
$298.1
$4,610.5
Less LT Debt
2,877.1
86.2
2,272.3
68.4
3,140.6
Plus Cash
164.2
21.0
208.3
50.4
35.1
Dry Powder
-$1,684.5
-$20.5
-$262.8
$280.1
$1,504.9
Medical Laboratory Services
3x LTM EBITDA
$343.8
$4,242.6
$4,407.0
$12.1
$301.9
Less LT Debt
543.1
6,787.3
3,748.0
5.5
646.7
Plus Cash
43.4
619.0
150.0
2.1
5.3
Dry Powder
-$156.0
-$1,925.7
$809.0
$8.7
-$339.4
Company Liquidity Estimates by Subsector
($ millions)
Source: Public Filings; Industry Newswires and Capital IQ as of 9/16/15