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Lorillard officials did not reply to emails and calls for this story, and H&V declined interview requestscompany lawyer Andrew McElaney did, however, point out that the companies have won most of the cases that went to trial

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The company currently has 44.8b in debt, 4.1b in cash, and holds: an interest coverage ratio of 7.1 a total debt/EBITDA ratio of 3.8 Current guidance and strong cashflow conversion should allow BAT to further bring down its adjusted net debt to adjusted EBITDA and keep it in its 2-3x target range

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