Observational Notes on Lorillard Inc.

Journal Entry: 31 Aug 2013
Lorillard Inc. Capitalization Rate
in millions except shares outstanding
Closing price: $42.30
Shares Outstanding: 373,913,967
Market value of equity: $15,816.56
Debt: $3,571.00
Cash & Equivalents: $1,638.00
Enterprise Value: $17,749.56
EBITDA less CapEx: $2,238.00
Pre-tax Cap Rate: 12.61%
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