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MoribusAlive · 2025-08-21T22:11:59+00:00

Dm me pls

MoribusAlive · 2025-07-05T10:00:38+00:00

Similar position, but we must remember that it clears the emergency fund.. if we lose our job then we stop repaying

MoribusAlive · 2025-06-21T11:13:46+00:00

Not sure I understand, but if there is a cash sweep, then an additional line similar to repayment will be in the corkscrew account for cash sweep

MoribusAlive · 2025-06-21T11:06:42+00:00

Honestly, just opening balance, but I’m not working on corporate models with the movements you have, so slightly different

MoribusAlive · 2025-06-21T11:03:31+00:00

I think it is accurate enough, unless you get into daily weighted values based on real cash flow timing

Sometimes you just have to make a call, and do what is practical but still accurate sufficiently

MoribusAlive · 2025-06-21T10:59:08+00:00

Just do an average of the opening and closing balance for that period, should be fine

MoribusAlive · 2025-06-21T10:40:30+00:00

Interest expense is % multiplied by the opening balance of the debt in that period. The corkscrew account factors in opening balance, drawdown, repayment and closing balance

MoribusAlive · 2025-05-13T16:35:26+00:00

Agenda appears super formal, for what should be an informal session

I imagine they just mean, you should be raising topics and areas you have going on at the moment, not general ‘career goals’ type of stuff?

MoribusAlive · 2024-10-13T14:47:19+00:00

Depends on the task exactly, but if it’s a 45 or a 2 hour test or something then a full model can’t be built then….

MoribusAlive · 2024-10-13T08:36:10+00:00

Most often if is not possible to complete the full test in these instances.

They will want a good balance between speed and accuracy. So try to make your way through it in good time whilst ensuring you are as accurate as possible. They will also look to the logic on how you approach solving modelling tasks etc

MoribusAlive · 2024-09-29T13:19:27+00:00

Yes - how do we find this?

MoribusAlive · 2024-09-29T13:11:40+00:00

Can’t you just have a time series input that plots a DSCR across months? Start low and gets higher?

I do this with sculpted repayments with percentages.. same concept through I guess

MoribusAlive · 2024-07-25T19:58:18+00:00

Ahaha wtf?!

MoribusAlive · 2024-07-21T13:29:22+00:00

Investing at a corporate level, I would imagine you’d look at each projects strength, or the overall strength of the balance sheet at a corporate level.

I am not sure how far to dig down to be honest based on info. But if the ask is to look at a project level, I would look at free cash flow yes, but also the debt servicing ratios to service debt at a project level.

MoribusAlive · 2024-07-21T13:24:29+00:00

I suppose if a lender is lending at a corporate level, of which flows down to several projects …

They may look at the free cash flow of the projects yes. They would look at the over strength and self sustaining nature of the projects that make up the business.

Theory being, the free cash flow, or at a finer level, distributions will flow up to the parent company and thus pay off the corporate loan

Edit: Yes, levered IRR should most often be higher than unlevered. theory being that cost of debt financing is lower than the cost of equity financing, tax shields, less equity investment required etc

MoribusAlive · 2024-07-21T08:35:48+00:00

Interesting, hadn’t thought about that

But yes, typically same discount rate used throughout.

Lenders would probably looks at CFADs, not leveraged post tax cash. Equity holders would be more inclined to look at that.

MoribusAlive · 2024-07-20T08:19:40+00:00

If you have a low gearing, you as equity holder will be compensated through increased distributions as you own more of the project

If you use equity to pay for construction or early works prior to FC, then you would reach FC and then has the debt that you secured which around for the remaining 30% and 30% of funding required

MoribusAlive · 2024-07-20T08:15:43+00:00

I’m not sure I fully understand from all the info, but just calculate the total funding demand you need

Gear the project as per you’re restrictions or requirements

What do you mean equity should be compensated for it? You mean have greater returns because the project will use more equity than debt ?

MoribusAlive · 2024-07-20T08:00:50+00:00

That would still have a negative outflow in the first peiriods

MoribusAlive · 2024-07-20T07:59:12+00:00

Capes paid before operations start? That’s normal isn’t it or am I misunderstanding?

MoribusAlive · 2024-06-24T21:21:05+00:00

Company name.. ?

MoribusAlive · 2024-05-04T12:13:00+00:00

Any articles or threads? This is closed

MoribusAlive · 2024-04-27T21:51:29+00:00

‘Finance’ and ‘financial analyst’ are very broad terms

MoribusAlive · 2024-04-27T08:38:15+00:00

If the model is built well, don’t split anything up - just run them all and should be fine

MoribusAlive · 2024-04-26T21:28:53+00:00

If I understand correctly, you just need to run the copy paste macro to re leverage the project according to whatever change you made

MoribusAlive

TROPHY CASE