RE:RE:RE:CIBC Equity Reasearch Overly Harsh Earning Review IMOYeah. Another miscalculation. I should reread myself before posting.
Thank you for correcting me, TerribleEng.
Debt + market cap: $2.9B
Estimated 2022 DACF: 2.9B/3 = $966m
Interest to service debt in 2022: $42m
FFO expected $924m when taking 3x 2022E EV/DACF
It makes DG expectations rather conservative.