Master the Unlevered & Levered Beta Formulas so you can use them in interviews and on the job in Investment Banking, Private Equity, and Investment Management. In this article, you will learn: TL;DR Want To Learn More About Finance? Ramp up faster with all of our (free) deep-dive articles in our Analyst Starter Kit: What…
Purchase Price Allocation (PPA) concepts often cause quite a headache. We can make it easy. After reading this article, you will be able to master this concept for use both in interviews and on the job in Investment Banking, Private Equity, Corporate M&A, and Investment Management. In this blog post, we’ll discuss: TL;DR Purchase Price…
Master the concept of Deferred Revenue so you can use it on the job in Investment Banking, Private Equity, and Hedge Funds or Mutual Funds. In this article, we will cover: TL;DR Why Does Deferred Revenue Matter? Deferred Revenue (also called Unearned Revenue) is a critical concept to master if you are aiming for (or currently working in) Finance….
Master Accretion / Dilution so you can ace your Investment Banking, Private Equity, and Investment Management interviews. We’ll break everything down with a simple 3-Step Framework as well as tips on how to avoid common pitfalls. Let’s jump in! In this article, you will learn: TL; DR Want To Learn More About Finance? Ramp up…
EBITDA is a commonly used profit metric that represents a ‘proxy for Cash Flow.’ However, analysts must be careful when analyzing EBITDA because it excludes the impact of Depreciation & Amortization, Interest, Taxes, Capital Expenditures, and the impact of Changes in Net Working Capital. In this article, you will learn the definition, common uses, and pitfalls…
Master the concept of Negative Working Capital so you can use it on the job in Investment Banking, Private Equity, and Investment Management. In this article, you will learn: TL;DR Want To Learn More About Finance? Check out all of our (free) deep-dive articles in our Analyst Starter Kit: Why Does Negative Working Capital Matter?…
Master the Calendarization concept so you can use it on the job in Investment Banking, Private Equity, and Investment Management. In this article, you will learn: TL;DR Want To Learn More About Finance? Ramp up faster with all of our (free) deep-dive articles in our Analyst Starter Kit: Why Does Calendarization Matter? You’re off to…
Master the Revenue Run Rate concept so you can use it on the job in Investment Banking, Private Equity, and Investment Management. In this article, you will learn: TL;DR Want To Learn More About Finance? Ramp up faster with all of our (free) deep-dive articles in our Analyst Starter Kit: Why Does the Revenue Run…
Master the Depreciation Tax Shield concept so you can use it on the job in Investment Banking, Private Equity, and Investment Management. In this article, you will learn: TL;DR Want To Learn More About Finance? Ramp up faster with all of our (free) deep-dive articles in our Analyst Starter Kit: Why Does the Depreciation Tax…
Learn to calculate LTM Revenue and EBITDA (or TTM Revenue and TTM EBITDA) like a pro so you can use it on the job in Investment Banking, Private Equity, and Investment Management. In this article, you’ll see: TL;DR What Does LTM Mean? The term LTM stands for ‘Last Twelve Months.’ Finance professionals use LTM Calculations…