Musings on Markets

FEBRUARY 27, 2023

That may reflect the concern that once a person or entity starts borrowing to fund its needs, it is easy to overuse debt, and risk its wellbeing in the process. In that case, the optimal debt ratio for a company is the one that maximizes value, not necessarily the one at which the cost of capital is minimized.

Equity 52

Equity EBITDA Start-ups Net Debt 52

Musings on Markets

OCTOBER 25, 2022

Note that we start with net income , earnings that is already after interest expenses and taxes, and that we consider reinvestment in both short term assets (change in non-cash working capital) as well in long term assets (as the difference between capital expenditures and depreciation).

Dividends 108

Dividends EBITDA Equity Start-ups 108

Reynolds Holding

JANUARY 27, 2025

6] As of 2023, publicly traded fintechs represented a market capitalization of $550 billion. [7] As explained by the Federal Reserve: Starting a bank involves a long organization process that could take a year or more, and permission from at least two regulatory authorities. Although this 12.7% 21, 2025). [7] 21, 2025). [8]

Banking 59

Banking Start-ups Finance Marketability 59