OpenBusiness & Startups· Tier C · not scored· not scored
Brad Jacobs predicts QXO will maintain debt levels of 1-2x EBITDA.
“In my new company that I'm forming, the QXO, we're gonna have, I think our target, a healthy target should be one to two turns of debt.”
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Our resolution criterion
disputableQXO's debt-to-EBITDA ratio remains between 1.0x and 2.0x as reported in financial statements.
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Summaries are ours; the quote is a verbatim transcript excerpt. Our resolution criteria are editorial and disputable. How this works.