Value Scope

AUGUST 31, 2020

We have discussed this in a separate article recently published on our site. The cash flows we isolate are tested for their ability to support debt, the new capital structure of the restructured firm. Why is Energy Different? Stress test the forward-looking cash flows and debt capacity; and make them as sober as possible.

Capital Structure 130

Capital Structure Finance Marketability Compliance 130

Reynolds Holding

FEBRUARY 7, 2024

Since it is now possible to administer capital structures on the blockchain, opening them up to smart contract automation has become a reality. The tokenisation of traditional debt and equity securities is an important growth area and promises enhanced liquidity and access to capital for many smaller and medium sized enterprises.

Capital Structure 45

Capital Structure Equity Finance 45

Auto Dealer Valuation Insights

JUNE 4, 2024

A recent Wall Street Journal article noted that, while the effects of the pandemic have receded from many aspects of American life in mid-2024, investors continue to deal with dividend disruptions. According to the article, of the 187 U.S. In the public markets, dividends are one of the most… Source

Dividends 52

Dividends Marketability Capital Structure 52

Auto Dealer Valuation Insights

JULY 9, 2024

As detailed in a recent Wall Street Journal article, pension funds have boosted private equity allocations from just 3% of their portfolios in 2001 to 14% in 2023. Since the turn of the century, pension funds have increasingly turned to private equity investments in a bid to earn higher returns.

Equity 59

Equity Capital Structure 59

Auto Dealer Valuation Insights

SEPTEMBER 3, 2024

A recent article published by the Wall Street Journal discusses the downward… Source Employers are combating this by reevaluating their hiring strategies, which include resetting labor costs, offering lower starting salaries, and, in some cases, seeking employees in lower-cost areas of the country.

Capital Structure 52

Capital Structure 52

Reynolds Holding

APRIL 29, 2024

In a recent article, I apply historical and practical lessons to explain why bankruptcy courts should apply the entire fairness standard to evaluate whether bankruptcy directors have cleansing effect. When the statutory framework is flexible, like the current Bankruptcy Code, market capacities and capital structures can empower parties.

Capital Structure 45

Capital Structure Equity Marketability 45

Sun Acquisitions

SEPTEMBER 20, 2024

In this article, we’ll explore some creative financing strategies that can help facilitate M&A transactions even in uncertain economic times. Mezzanine Financing: Mezzanine financing sits between equity and debt in the capital structure and is often used to fund M&A transactions.

Finance 59

Finance Debt Financing Equity Capital Structure 59

Brian DeChesare

SEPTEMBER 13, 2023

As discussed in the distressed private equity article, there is no universal definition for a “distressed security” or a “distressed company.” They could also ask you about the bankruptcy and restructuring processes and the options for distressed companies (see the restructuring IB article ).

Equity 103

Equity Banking EBITDA Start-ups 103

Reynolds Holding

APRIL 17, 2022

In my article Moonshots , I defend a more modest and specific short-termist argument, one that I hope the skeptics will embrace. The most innovative part of the economy, the venture capital (VC) market, has evolved structures to address these agency problems. A startup’s capital structure solves the motivation problem.

Technology 85

Technology Net Present Value Finance Marketability 85

Auto Dealer Valuation Insights

JULY 18, 2023

Once I was dissuaded from going heavy into crypto, AI, and short-dated call options, I brought up a recent Barron’s article on real estate investment trusts or REITs. We talked about individual stocks and investments.

Capital Structure 52

Capital Structure Dividends 52

Valutico

MAY 24, 2023

2022 saw a robust cash and capital structure with a staggering USD 967 million adjusted EBITDA in Q4, up by 14% from the previous year. In comparison to Oneok market capitalization of USD 25.9 Link to the valuation Disclaimer This article is for informational purposes only and does not constitute investment advice.

Discounted Cash Flow 52

Discounted Cash Flow EBIT EBITDA Capital Structure 52

Brian DeChesare

JUNE 1, 2022

Regulation – This affects everything from firms’ capital structures to their revenue, margins, and favored fuel sources, so the impact could be minimal or very large in either direction, depending on what the government changes. Article with Background Information. It’s safe to say that they have encouraged more deal activity.

Banking 98

Banking Equity Book Value Capital Structure 98

RNC

DECEMBER 15, 2022

This article looks at the different factors that can affect the value of your business at the time of business valuation and hence influence a major business decision. The working capital required to operate the business and how much is required to make improvements on the capital per year also affect the valuations.

Business Valuation 52

Business Valuation Intangible Assets Capital Structure Finance 52

Brian DeChesare

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. We’ve covered merger arbitrage and activist hedge funds in separate articles, and distressed hedge funds will get their own future article, so I’ll focus on special situations here.

Equity 64

Equity Start-ups EBITDA Banking 64

Reynolds Holding

MARCH 20, 2024

These transactions, which I called in a previous article “hostile restructurings,” are distinguishable from normal debt restructurings by their use of aggressive tactics to overcome not only the traditional minority-lender holdout problem, but also the collective bargaining power of an entire syndicated lender group.

Capital Structure 45

Capital Structure Marketability 45

Peak Business Valuation

JULY 28, 2023

In this article, we discuss the average valuation multiples for bars or nightclubs. Keep in mind, this article is only a guide. Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. For more accurate information, receive a business appraisal for a bar or nightclub.

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Peak Business Valuation

JULY 12, 2023

In this article, we give an overview of valuation multiples for a tax preparer. However, this article is only a guide. Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. This is because it normalizes differences in capital structure, fixed assets, and taxation.

Business Valuation 52

Business Valuation EBITDA Appraisal Fair Market Value 52

Peak Business Valuation

JULY 10, 2023

This article discusses what multiples for an accounting firm look like. Keep in mind, this article is only a guide and will use average values. Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. Often, they will use the market approach.

Accounting Firms 52

Accounting Firms Business Valuation EBITDA Appraisal 52

Peak Business Valuation

JANUARY 24, 2023

This article discusses valuation multiples for chiropractic practices. Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. The business appraiser may prefer to use this multiple as it normalizes differences in capital structure, fixed assets, and taxation.

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Reynolds Holding

OCTOBER 18, 2023

While this capital structure has historically been permitted in the United States, institutional investors and index providers have recently expressed strong opposition to it. It is based on their recent article, “Does Wedge Size Matter?

Capital Structure 40

Capital Structure Marketability 40

Appraiser Newsroom

AUGUST 29, 2022

Tom has extensive experience with a variety of fixed income and derivative products, such as interest rate swaps/swaptions, structured products, credit/FX/commodity derivatives, bonds/loans, convertible debt, warrants, and allocation of enterprise/equity values across simple and complex capital structures. HEALTHCARE VALUATION.

Business Valuation 40

Business Valuation Intangible Assets Capital Structure Appraisal 40

Reynolds Holding

OCTOBER 17, 2023

These patterns hold up in more rigorous regression analyses that also control for a company’s financial performance, capital structure, and R&D investments – all factors that may influence both which companies each of these owners choose to own and employee compensation. In the figure, low-skilled workers (i.e.,

Private Equity Firm 52

Private Equity Firm Equity Capital Structure 52

Brian DeChesare

FEBRUARY 9, 2022

And if you’ve been a consultant at one of the top three firms (MBB), you might have a chance at one of the PE firms known for hiring consultants , such as Golden Gate Capital. We discussed these differences in the article on middle market private equity , so please refer to that for a detailed comparison.

Equity 59

Equity Banking Start-ups Finance 59

Valutico

FEBRUARY 27, 2024

In this article, we’ll cover the basics of what a discount rate is and where it’s used. In this article, we cover the latter. Weighted Average Cost of Capital (WACC): WACC is the average rate of return a company is expected to provide to all its investors, including equity and debt holders. What is a discount rate?

Discounted Cash Flow 52

Discounted Cash Flow Risk Premium Risk-free Rate Beta 52

Simply Treasury

AUGUST 2, 2022

The CMU aims to better balance bank financing against capital market financing. DEBRA aims to solidify the capital structure of companies, to make them more resilient. Disclaimer: This article was prepared by François Masquelier in his personal capacity. Stability, like everything else, has a price.

Equity 52

Equity Risk Premium Banking Finance 52

Reynolds Holding

JANUARY 17, 2024

In a recent article, we take issue with that characterization of the case. The company’s financial creditors, institutions that held first-lien debt and second-lien debt, negotiated with the company and its private equity sponsor for months over a new capital structure.

Equity 45

Equity Capital Structure Compliance 45

Peak Business Valuation

JULY 1, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. This is because it normalizes differences in taxation, capital structure, and fixed assets. These multiples do not represent the valuation opinion of Peak Business Valuation or its valuation professionals.

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Peak Business Valuation

JUNE 25, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. This multiple is often used because it normalizes differences in fixed assets, capital structure, and taxation. What is a Valuation Multiple? Schedule a Free Consultation!

Business Valuation 52

Business Valuation EBITDA Appraisal Fair Market Value 52

Peak Business Valuation

JUNE 19, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. This is because it normalizes differences in taxation, capital structure, and fixed assets. These multiples do not represent the valuation opinion of Peak Business Valuation or its valuation professionals.

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Lighter Capital

JANUARY 11, 2022

At Lighter Capital, our Investment Team encounters a lot of questions from startup founders about the features of our financing solutions, such as early payoff provisions, minimum return requirements, warrants, debt covenants , and even whether we require a personal guarantee. We covered the latter two concerns in other posts, linked above.

Debt Financing 52

Debt Financing Equity Finance Start-ups 52

Valutico

APRIL 17, 2023

Weighted Average Cost of Capital Explained – Formula and Meaning In this article, we’ll explain what the Weighted Average Cost of Capital (WACC) is, by breaking it down into its components, and highlighting its role in valuing a company through the Discounted Cash Flow method (DCF). What are the Limitations of WACC?

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 17, 2023

Weighted Average Cost of Capital Explained – Formula and Meaning In this article, we’ll explain what the Weighted Average Cost of Capital (WACC) is, by breaking it down into its components, and highlighting its role in valuing a company through the Discounted Cash Flow method (DCF). What are the Limitations of WACC?

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

APRIL 12, 2023

Weighted Average Cost of Capital Explained – Formula and Meaning In this article, we’ll explain what the Weighted Average Cost of Capital (WACC) is, by breaking it down into its components, and highlighting its role in valuing a company through the Discounted Cash Flow method (DCF). What are the Limitations of WACC?

Weighted Average Cost of Capital 52

Weighted Average Cost of Capital Discounted Cash Flow Beta Risk-free Rate 52

Valutico

OCTOBER 20, 2022

If you want to read to a step-by-step example of a DCF, skip to the end of the article here. In this article, we have referred to the discount rate to be used to discount the future cash flows as the Market Rate (r) or generally as the discount rate (d). . This article has outlined the simple form of a DCF analysis. B = Beta. (Rm

Discounted Cash Flow 52

Discounted Cash Flow Terminal Value Weighted Average Cost of Capital Net Present Value 52

Peak Business Valuation

JUNE 16, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. Some of the normalized differences in the EBITDA multiple include fixed assets, capital structure, and taxation. Schedule a Free Consultation! What is a Valuation Multiple?

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Peak Business Valuation

MARCH 6, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. A business appraiser at Peak Business Valuation may prefer this multiple as it normalizes differences in fixed assets, taxation, and capital structure. What is a Valuation Multiple?

Business Valuation 52

Business Valuation EBITDA Fair Market Value Appraisal 52

Peak Business Valuation

JANUARY 12, 2023

Instead, seek the guidance and advice of a qualified business valuation professional about any matter in this article. This multiple may be preferred by the business appraiser because it normalizes differences in taxation, fixed assets, and capital structure. Schedule a Free Consultation! What is a Valuation Multiple?

EBITDA 52

EBITDA Business Valuation Fair Market Value Appraisal 52